Description
Remodel opportunity with strong income potential near lake placid. this property includes three separate rental units, starting with a solidly built, all-brick duplex on a slab foundation with a new roof. the duplex features a 2-bedroom, 1-bath unit on the left and a 1-bedroom, 1-bath unit on the right. a detached metal-frame workshop has been partially enclosed and includes a 1-bedroom, 1-bath apartment, offering additional rental income. the half-acre lot includes a concrete circle driveway, mature oak trees, and paved road access from both the front and back of the property. located just minutes from texas lutheran university and downtown seguin, the neighborhood is composed of single-family homes. owners enjoy access to lake placid through the el rhea courts owners association park and boat ramp at the end of the street-perfect for boating, fishing, and picnicking.
Property Type
ResidentialSubdivision
El Rhea CourtsCounty
GuadalupeStyle
TraditionalAD ID
50166579
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Property Details
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Interior Features
Interior Features
- KitchenDiningCombo
Flooring Information
- Vinyl
Heating & Cooling
- Heating: Central,Electric,MultipleHeatingUnits,WindowUnit
- Cooling: CentralAir,Electric,TwoUnits,WallWindowUnits
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Exterior Features
Building Information
- Year Built: 1979
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Property / Lot Details
Property Information
- Subdivision: El Rhea Courts
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Listing Information
Listing Price Information
- Original List Price: $350000
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School, Utilities & Location Details
Utility Information
- ElectricityAvailable
Location Information
- Direction: From Seguin: Take Hwy 90/W Kingsbury St and cross the Guadalupe River. Turn Right on Reiley Road. Turn Right on El Rhea Dr. Home will be on your Left.
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BuyOwner last updated this listing 06/21/2025 @ 11:52
- MLS: 583403
- LISTING PROVIDED COURTESY OF: Katie Clark, Corner Post Real Estate, LLC
- SOURCE: CTEXAS
is a Home, with bedrooms which is for sale, it has 2,752 sqft, 2,752 sized lot, and 0 parking. are nearby neighborhoods.