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$985,000
Est. payment /mo
13 Beds
9 Baths
5,192 SqFt

UPDATED:

Key Details

Property Type Vacant Land

Sub Type See Remarks

Listing Status Active

Purchase Type For Sale

Square Footage 5,192 sqft

Price per Sqft $189

Subdivision Hidden Valley Ranch

MLS Listing ID 1194932

Bedrooms 13

Full Baths 9

Annual Tax Amount $3,484

Tax Year 2024

Lot Size 10.000 Acres

Acres 10.0

Lot Dimensions 709x677

Property Sub-Type See Remarks

Source actris

Property Description

INVESTMENT OFFERING MEMORANDUM
138 GREY MOSS COURT
INGRAM, TEXAS 78025
Income-Producing Rental Property

We are pleased to present an exceptional investment opportunity featuring a fully-occupied property in the desirable Westwood Oaks subdivision of Ingram, Texas. This turnkey investment offers immediate cash flow with strong fundamentals and a proven rental history. Seller financing may be available for qualified buyers.

Key Investment Metrics
Annual Gross Income $33,225
Current Occupancy 100%

PROPERTY OVERVIEW
Property Specifications
2,063± total square feet
0.38 acre lot with mature landscaping
Two separate homes: one 3/2 1,368 SF mobile home and one 1/1 694 SF cottage
Renovated in 2022
Ingram Independent School District
Location Advantages:
- Westwood Oaks subdivision
- Texas Hill Country setting
- Strong rental market fundamentals
- Proximity to Kerrville and San Antonio
- Quality school district
- Property Features
- Quality wood-look cabinetry throughout
- Vinyl flooring and luxury countertops
- Modern appliances in both units
- Fenced between units for privacy
- Low-maintenance construction

Investment Highlights
- Established tenant base
- Recent renovations completed
- Minimal capital expenditure needs
- Stable cash flow history
- Seller financing may be available to qualified candidates

CURRENT RENT ROLL
Unit A
Monthly Rent: $1,550
Unit Size: 3BR/2BA, 1,368 SF
Lease Start: October 1, 2024
Term: 12 months
Security Deposit: $1,650

Unit B
Monthly Rent: $1,200
Unit Size: 1BR/1BA, 694 SF
Lease Start: June 1, 2025
Term: 12 months
Security Deposit: $1,350
Total Monthly Rental Income: $2,750

Key Investment Metrics Summary
- Immediate income generation upon acquisition
- Stable tenant base with established leases
- Turnkey Property - Recently renovated and fully occupied
- Low Maintenance - Minimal ongoing capital expenditure needs
- Stable Cash Flow - Proven rental history with quality tenants

Location

County Kerr

Rooms

Main Level Bedrooms 13

Interior

Heating Central

Cooling Central Air

Flooring Wood

Fireplace No

Appliance Electric Oven, Refrigerator

Exterior

Fence Fenced

Pool None

Community Features Common Grounds

Utilities Available Electricity Connected, Water Connected

Waterfront Description None

View Hill Country, Trees/Woods

Roof Type Shingle

Porch Porch

Private Pool No

Building

Lot Description Level

Faces Northwest

Sewer Private Sewer

Water Private

Structure Type Wood Siding

New Construction No

Schools

Elementary Schools Outside School District

Middle Schools Outside School District

High Schools Outside School District

School District Kerrville Isd

Others

Special Listing Condition Standard

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Listed by Phyllis Browning Company

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