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28319058
28319059

601 Menard Ave, Sonora, TX 76950

MD
TX TX 605694
M&M Ranch Land Investments
Listed by M&M Ranch Land Investments
$125,000
200 days on market
Updated 79 days ago

Multi Single Family Investment Property

Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Net Rentable (SqFt) 2,485
Units 3
Cap Rate 15.12%
NOI $18,900
Occupancy 33%
Broker Co-Op No
Year Built 1976
Year Renovated 2025
Buildings 3
Stories 1
Lot Size (SqFt) 19,998
Zoning Residential
Parking Spaces 1 per unit
Ownership Individual

Multifamily | 3 Units | $41,667/unit

Marketing description

Looking for a strong income-producing property? This rare find in Sonora, Texas features three rental houses plus a vacant city lot equipped with electrical, water, and city sewer connections.

  • Steady Rental Income

  • Freshly Renovated Unit: The third home has just been updated and will have a new renter moving in at the end of September.

  • Expansion Potential: The adjoining vacant lot is fully utility-ready—ideal for adding a tiny home or mobile home to further increase revenue.

Sonora has a high demand for rental housing, making this property an excellent investment for steady cash flow with built-in growth potential.

Listing Contacts

MD
TX TX 605694
M&M Ranch Land Investments
Listed by M&M Ranch Land Investments

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$18,900.00
$1,575.00/mo

Valuation Metrics

0
DSCR
15.12%
Cap Rate
15.12%
ROI

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Additional Information

Name
Michelle Dolan-Rushing
License
TX 605694
Brokerage Phone
3252343077
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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