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Off market
  • Tax assessed value
    $182,950

    1401 Nash Dr, Lufkin, TX 75901

    9beds
    4,303sqft
    MultiFamily
    Built in 1960
    -- sqft lot
    $-- Zestimate®
    $43/sqft
    $1,508 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,508/mo

    Zestimate® history
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    $1,194/mo

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    What's special

    Welcome to your unique investment opportunity in the heart of Lufkin, Texas! This expansive property spans four acres and boasts not just one, but four charming homes, with three contributing to a well-established rental income stream. Nestled in a serene and picturesque setting, this property offers a rare combination of tranquility and financial potential. Property Highlights: Each residence on the property is perfectly laid out and well-maintained, providing comfortable living spaces for tenants. The expansive four-acre property is surrounded by lush greenery, creating a private and peaceful setting. Whether your tenants are looking for a quiet escape or a place to unwind after a long day, this property offers the perfect option. With a proven track record of rental income, this investment opportunity provides a steady cash flow from day one. The existing tenant base ensures a reliable and consistent return on investment. Conveniently located in Lufkin, Texas, the property benefits from its proximity to local amenities and tenants enjoy easy access to everything the area has to offer, making it attractive to tenants. Investment Potential: Beyond the current rental income, the property holds significant potential for future growth and development. Whether you choose to expand or enhance the existing homes, this investment offers versatility and long-term value. The property has been well maintained, with recent upgrades ensuring that both the homes and the grounds are in turnkey condition. Don't miss the opportunity to own a piece of Lufkin's real estate landscape with this four-acre property featuring four homes and established rental income. Whether you're a seasoned investor, looking for a primary residence that pays for itself or looking to start your real estate portfolio, this property is a must-see. Schedule a viewing today! Leases are in place at three of the homes. Inquire to find out rental revenue totals.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 5
    • Full bathrooms: 4
    • 3/4 bathrooms: 1
    Heating
    • Other
    Cooling
    • None
    Features
    • Flooring: Tile, Hardwood
    Interior area
    • Total interior livable area: 4,303 sqft

    Property

    Features
    • Exterior features: Wood
    Lot
    • Size: 4 Acres
    Details
    • Parcel number: R47913

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Wood
    • Foundation: Piers
    • Roof: Composition
    Condition
    • Year built: 1960

    Community & HOA

    Location
    • Region: Lufkin

    Financial & listing details

    • Price per square foot: $43/sqft
    • Tax assessed value: $182,950
    • Annual tax amount: $2,893

    Price history

    DateEventPrice
    12/6/2023Listing removed--
    Source: Owner Report a problem
    11/30/2023Listed for sale$575,000$134/sqft
    Source: Owner Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,893 +6.2%$182,950 +1.3%
    2023$2,725 -9.4%$180,580 +5.2%
    2022$3,009 +1%$171,640 +6.8%
    2021$2,980 +16.9%$160,700 +21.8%
    2020$2,548 +0.3%$131,890
    2019$2,541 +1814693%$131,890 +7.9%
    2018$0 $122,270 -0.7%
    2017$2,077 $123,120 +1.4%
    2016$2,077 $121,470
    2015$2,077 $121,470 +5.4%
    2014$2,077 $115,200 -0.6%
    2013-- $115,880 +2.8%
    2012-- $112,700 -0.5%
    2011-- $113,275
    2010-- $113,275 +10.9%
    2009-- $102,176 +15.2%
    2008-- $88,670 +1.9%
    2007-- $87,040 +3.4%
    2006$1,794 +6.1%$84,190 +4.9%
    2005$1,690 $80,220 +0.3%
    2004-- $80,000 +6.1%
    2003-- $75,390
    Find assessor info on the county website

    Neighborhood: 75901

    Nearby schools

    GreatSchools rating
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