This fourplex is a prime investment opportunity, currently fully leased. It underwent an extensive remodel in 2022, which included updates to the sewer, plumbing, and electrical panels. Enhancements were made for added convenience and luxury, such as installing laundry rooms in each unit, soft-closing kitchen cabinets, and granite countertops. The property also saw improvements in energy efficiency with added insulation in the exterior walls and attic. Exterior upgrades include a newly added parking lot, while the interior boasts completely renovated bathrooms featuring new tile, vanities, toilets, tubs, and fixtures. Additionally, all doors and windows were replaced, and two units received brand-new air conditioning systems, with the remaining two systems, only a few years old, being serviced. The property offers additional land, presenting the potential for expansion by adding more units, which could significantly increase revenue.
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The average household income in
Roman Forest, TX
declined
from
$94,323
to
$90,000
in the past year. This data is an estimate based upon
562
households in
Roman Forest, TX. The chart below presents how household income is distributed in
Roman Forest, TX
in comparison to the revenue allocation amid households nationally.
Property Taxes
Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows
distribution of property taxes in
Roman Forest, TX
compared to median property taxes around the country. The prevalent amount of property taxes in
Roman Forest, TX
equals
$3k+
, which is
more
than the national average.