309 S 31st ST Temple, TX 76504
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 788 sqft
Price per Sqft $114
Subdivision Freeman Heights
MLS Listing ID 598587
Style Traditional
Bedrooms 1
Full Baths 1
Construction Status Resale
HOA Y/N No
Year Built 1934
Lot Size 7,000 Sqft
Acres 0.1607
Property Sub-Type Single Family Residence
Property Description
Endless potential in a prime location near Baylor Scott & White Hospital. This property offers a rare opportunity in Temple: a current 1 bedroom, 1 bathroom home with a multi-family zoning designation and a second unit slab already poured and ready for construction. With the ability to add an additional dwelling unit on site, investors and buyers have multiple rental and value-add options, including house hacking or creating an income-producing second unit.
The existing home features a large primary bedroom, a bonus flex space that could be converted into a second bedroom, a bright living room with oversized windows that provide excellent natural light, and a spacious kitchen with room to redesign. While the home will need updates, the potential return is significantly enhanced with the option to build a brand-new second unit on the existing slab.
This property is located close to the Baylor Scott & White Medical District, the VA Hospital, downtown Temple, restaurants, and major employment hubs, making it an attractive location for short-term, mid-term, or long-term rental strategies. With strong equity upside and multiple exit strategies, this is an excellent opportunity for investors, builders, or buyers seeking a multi-unit investment property in a rapidly growing area.
Location
State TX
County Bell
Interior
Interior Features Ceiling Fan(s), Other, See Remarks
Heating Central, Electric
Cooling Central Air, Electric, 1 Unit
Flooring Carpet, Vinyl
Fireplaces Type None
Fireplace No
Appliance Electric Range, Other, See Remarks
Laundry Other, See Remarks
Exterior
Exterior Feature Other, See Remarks
Fence Back Yard
Pool None
Community Features Other, See Remarks
Utilities Available Electricity Available
View Y/N No
Water Access Desc Public
View None
Roof Type Composition,Shingle
Building
Story 1
Entry Level One
Foundation Pillar/Post/Pier
Water Public
Architectural Style Traditional
Level or Stories One
Construction Status Resale
Schools
School District Temple Isd
Others
Tax ID 2186
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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