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About This Home

This 23-bedroom, 0-bathroom townhouse at 111 S 33rd Street in Temple, TX is listed for $389,000 ($37 per sqft). Built in 1948, the home offers 10,500 sqft of living space on a 0.09 acres lot.

Agent 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 resi

dential 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 Finan

cing 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!

Key Features

  • Built in 1948
  • 0.09 acre lot

Property Details

1 story
12 full
1948

Amenities

A/C

Monthly Cost Estimate

$2,080/mo

20% down · 6.5% · 30 years

Principal$281
Interest$1,686
Insurance$113

Estimates only. Actual payments may vary.

Location

111 S 33rd Street

Temple, TX 76504

Temple Heights

Features & Amenities

Interior Features

MultipleClosetsEatInKitchen

Property Details

Flooring

Tile

Construction

Masonry

Heating

Electric (Heating)

Cooling

Electric

Questions & Answers

This 23-bedroom, 0-bathroom townhouse at 111 S 33rd Street is listed at $389,000 ($37/sqft). The estimated monthly payment is $1,686 based on 20% down at 6.5% interest.

Key features include: Built in 1948, 0.09 acre lot. Interior Features: MultipleClosets, EatInKitchen.

This property is listed by Elizabeth Thomas and can be reached at 2543943742 or elizabeth@acerealestateco.com.

ET

Elizabeth Thomas

Agent at All City Real Estate Ltd. Co

(254) 394-3742

Listed by All City Real Estate Ltd. Co

MLS# 609158· Source: listhub· Updated 10 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.

111 S 33rd Street, Temple, TX 76504

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