Curious about this home?
Ask anything — no agents, no pressure
Try asking
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.
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
Amenities
Monthly Cost Estimate
$1,471/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2507 E Adams Avenue
Temple, TX 76501
Features & Amenities
Interior Features
Property Details
Flooring
Construction
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.


