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$185,000

For Sale - Active
3126 Glenwood Dr, Temple, TX 76502
3 Beds
1 Bath
1,151 Square Feet
0.00 Acres Lot
Built in 1963
For Sale - Active
Units n/a
Checked: 2 days ago
Updated: Jul 25, 2025 at 03:26AM

Investment Summary


Monthly Cash Flow
-$113
Cap Rate
4.9%
Cash-on-Cash Return
-3.2%
Debt Coverage Ratio
0.87
Internal Rate of Return (5 years)
0.9%

Property Description


0.00 Acres Lot
Built in 1963
For Sale - Active
Units n/a

Step inside this beautifully remodeled 3-bedroom, 1-bath home with 1,151 square feet of charm and modern updates. From the moment you walk in, you’ll notice the brand new vinyl flooring that runs throughout the main living areas. The kitchen brings a modern touch with its pop of color, sleek new quartz countertops, and brand new appliances. Each bedroom is a great size and features brand new carpet, creating a clean and inviting feel throughout. The bathroom has been updated with fresh tile, a new vanity, and a bold pop of color that adds a fun, modern vibe. Major updates include a recently replaced roof, A/C, water heater, and windows, giving you peace of mind for years to come. The backyard is a great size, perfect for gatherings. The curb appeal has been thoughtfully updated as well, featuring a custom mailbox that adds character and a warm first impression. Located in a convenient area surrounded by shopping centers and restaurants, just under 3 miles from Temple College and Baylor Scott & White Medical Center. Don’t miss your chance—schedule your showing today!

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Location


Property Details


Parking

  • Description: Garage
  • Garage Spaces: 1
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 3

Bathroom Information

  • # of Baths (Full): 1
  • # of Baths (Partial): 0
  • # of Baths (Total): 1.0

Interior Features

  • # of Stories: 1

Exterior Features

  • Exterior Walls Materials: Brick Veneer
  • Foundation: Slab
  • Roof Type: Gable
  • Roof Material: Composition, Shingle

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 29657
  • Lot Size: 0 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Traditional
  • Year Built: 1963

Tax Information

  • Annual Tax: $4,105

Utilities

  • Water & Sewer: Public
  • Heating: Central
  • Cooling: Ceiling Fan(s), Central Air

Location

  • County: Bell

Listing Details


Listed by:
Precious Coleman
All City Real Estate Ltd. Co
(254) 368-3185

Source:
Central Texas MLS (CTXMLS)
MLS#: 575650
Central Texas MLS (CTXMLS)

Investment Summary


Monthly Cash Flow
-$113
Cap Rate
4.9%
Cash-on-Cash Return
-3.2%
Debt Coverage Ratio
0.87
Internal Rate of Return (5 years)
0.9%

Purchase Details

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Purchase price:
$185,000
Amount financed:
-$148,000
Down payment:
$37,000
Closing costs:
$5,550
Rehab costs:
$0
Initial cash invested:
$42,550
Square feet:
1,151
Cost per square foot:
$161
Monthly rent per square foot:
$1.39

Financing Details

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Loan amount:
$148,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$875
Property tax:
$342
Insurance:
$112
Private mortgage insurance (PMI):
$0
Monthly payment:
$1,329

Operating Income

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% Rent Monthly Yearly
Gross rent:
$1,600 $19,200
Vacancy loss: (6%)
6% -$96 -$1,152
Operating income:
$1,504 $18,048

Operating Expenses


% Rent Monthly Yearly
Property taxes: (21%)
21%-$342-$4,105
Insurance: (7%)
7%-$112-$1,344
Property management: (8%)
8%-$128-$1,536
Repairs & maintenance: (5%)
5%-$80-$960
Capital expenditures: (5%)
5%-$80-$960
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (46%)
46%-$742-$8,905

Cash Flow


Monthly Yearly
Net operating income:
$762 $9,144
Mortgage payments:
-$875 -$10,500
Cash flow:
$113 $1,356