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About This Home

This 8-bedroom, 5-bathroom single family at 2507 E Adams Avenue in Temple, TX is listed for $275,000 ($104 per sqft). Built in 1923, the home offers 2,633 sqft of living space on a 1.01 acres lot.

Agent Description

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 roughly double the estimated principal and interest payment, creating exceptional cash flow potential from day one.

Properties with 3 dwellings on 1 acre at this price are extremely hard to come by. Great opportunity for investors looking to expand their portfolio with an income-producing property.

Key Features

  • Built in 1923
  • 1.01 acre lot

Property Details

1 story
5 full
1923

Amenities

A/C

Monthly Cost Estimate

$1,471/mo

20% down · 6.5% · 30 years

Principal$199
Interest$1,192
Insurance$80

Estimates only. Actual payments may vary.

Location

2507 E Adams Avenue

Temple, TX 76501

Features & Amenities

Interior Features

AllBedroomsDown

Property Details

Flooring

Vinyl

Construction

WoodSiding

Questions & Answers

This 8-bedroom, 5-bathroom single family at 2507 E Adams Avenue is listed at $275,000 ($104/sqft). The estimated monthly payment is $1,192 based on 20% down at 6.5% interest.

Key features include: Built in 1923, 1.01 acre lot. Interior Features: AllBedroomsDown.

This property is listed by Jeremy Ellis and can be reached at 2543140387 or jeremyellisrealtor@gmail.com.

JE

Jeremy Ellis

Agent at Anchor Realty

(254) 314-0387

Listed by Anchor Realty · View on Broker Site

MLS# 613629· Source: listhub· Updated 17 days ago

Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2507 E Adams Avenue, Temple, TX 76501

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