2507 E Adams Avenue, Temple, TX 76501

Local realty services provided by:CENTURY 21 North East
2507 E Adams Avenue,Temple, TX 76501
$275,000
  • 8 Beds
  • 5 Baths
  • 2,633 sq. ft.
  • Single family
  • Active
Listed by: jeremy ellis
Office: anchor realty
MLS#:613629
Source:TX_FRAR

Price summary

  • Price:$275,000
  • Price per sq. ft.:$104.44

About this home

Investor opportunity! Rare chance to own 3 dwellings on 1 acre — nearly impossible to find at this price point. Each home has its own septic system, and all roofs are approximately 3–4 years old. Property Features – 3 Dwellings • Dwelling 1: 816 sqft, 3 bed / 1 bath • Dwelling 2: 704 sqft, 2 bed / 1 bath • Dwelling 3: 1,113 sqft, 3 bed / 2 bath All three units are currently rented with leases in place, making this a true turnkey cash-flowing asset for investors looking to park cash and generate immediate income. Current rents: • Dwelling 1: $950/mo • Dwelling 2: $900/mo • Dwelling 3: $1,100/mo Total monthly income: $2,950/mo | Annual gross income: $35,400/year At approximately $275,000 with a minimum 20% down conventional investment loan at 7% interest on a 30-year fixed rate, estimated principal and interest payment is approximately $1,465/mo before taxes and insurance. This property offers an impressive approximately 12.9% gross cap rate with rents producing...

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Home facts

  • Year built:1923
  • Listing ID #:613629
  • Added:1 day(s) ago
  • Updated:May 18, 2026 at 02:16 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:5
  • Full bathrooms:5
  • Flooring:Vinyl
  • Bedroom Description:All Bedrooms Down
  • Living area:2,633 sq. ft.

Heating and cooling

  • Heating:Multiple Heating Units

Structure and exterior

  • Roof:Composition, Shingle
  • Year built:1923
  • Building area:2,633 sq. ft.
  • Lot area:1.01 Acres
  • Construction Materials:Wood Siding
  • Foundation Description:Pillar/Post/Pier
  • Levels:1 Story

Utilities

  • Water:Public
  • Sewer:Aerobic Septic

Finances and disclosures

  • Price:$275,000
  • Price per sq. ft.:$104.44

Features and amenities

  • Laundry features:Laundry Room

Parking

  • Carport spaces:2
Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available. The data relating to real estate for sale on this web site comes in part from the FHAAR IDX INFO SHARE PROGRAM. Real estate listings held by brokerage firms other than CENTURY 21 North East include the name of the listing agent. Copyright 2026 FHAAR IDX INFO SHARE PROGRAM. Last Updated May 18, 2026