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Dainelle Scott

Team Owner | Rise Property Group | Keller Williams Boerne | PLACE

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111 S 33rd St , Temple, TX 76504
$359,000
Est. Payment: $1,824.75/mo
0 Bed
0 Bath
10500 Sqft
Status: active | Days on site: 115
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Dainelle Scott
Team Owner

House Description

Fix it. Flip it. Reimagine it. This is the kind of diamond in the rough that seasoned investors dream about! Located just off Adams Avenue and minutes from Baylor Scott & White, this versatile commercial property is packed with potential and poised for transformation. Main Building: Approx. 10,707 sq. ft. – a solid shell ready for your vision Additional Structures: A 2-bedroom frame home, former laundry building, and garage/storage area The property is zoned commercial and was previously used as an independent living facility, but the possibilities are wide open: Multi-tenant office space Assisted living or residential rehab facility Boutique lodging or studio space Storage and service-oriented business All buildings are sold AS IS – yes, they need extensive rehab, but this is your blank canvas. MOTIVATED SELLER – Extremely negotiable on cash offers, outside financing AND open to OWNER FINANCING! Rare Value Add Opportunity in Temple! This is an 11 unit multifamily with over 9000 square feet of rentable space (~10500 total building square footage). Projected Income of $13,500 a month (at 1.5 psf) or $162,000 annually. Projected expenses: $40,000 annually NOI: $122,000 Renovated Valuation of $1,876k at a 6.5% cap rate *Attractive Seller Financing Option Available (with 20% downpayment) - Preliminary Renovations Budget of $400-500k INVESTOR ALERT – PRIME COMMERCIAL OPPORTUNITY IN TEMPLE, TX! Don’t wait. With Temple's ongoing growth and proximity to major employers, this is the kind of opportunity that won’t sit long. Call today to schedule a walkthrough and make your offer before someone else grabs this hidden gem!

Highlights

Listed by Elizabeth Thomas , (254) 394-3742 All City Real Estate Ltd. Co , (866) 277-6005. Central Texas MLS

Property Type

Condo/Townhome

Lot/Acreage
0.09

Year Built

1948

County

Bell

Neighborhood

Temple Heights

School District

Temple ISD

Listing ID

609158

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Appliances:See Remarks
Air Cond:Electric
Fireplaces:See Remarks
Floor:Ceramic Tile
Other:Multiple Closets,See Remarks,Eat-in Kitchen
Other:Public

Exterior Features

Roof:Composition,Shingle
Others:Resale
Sewer:Public Sewer
Principal Interest
$1,825
Taxes
$229

Home Price

$359,000

Loan Details

30 yrs
6.55%

Down Payment

20%
$71,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,824.75

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,824.75 $228.86 $0.00 $2,053.62
Yearly $21,897.04 $2,746.35 $0.00 $24,643.39
Total $656,911.26 $82,390.50 $0.00 $739,301.76

Today's Rates

30 Year

6.55%

20 Year

6.29%

15 Year

5.96%

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Market insight data is pulled from the same city as the listing being viewed (Temple, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Central Texas MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-05T09:45:37.000Z

© 2026 Central Texas MLS