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603 Rita Street

Lacy Lakeview, TX 76705

$225,000 Pending

2 units · 1960

Units2
Building area2,047 sq ft
Year built1960
Gross income$22,800/yr
Cap rate6.86% as listed
Parking4 spaces
Lot size0.236 acres
TypeDuplex

What it costs to own

Taxes$1,999 per year
HOANone listed
Operating expenses$7,357.76 per year — as listed
Insurance$2,460 per year — as listed
Net operating income$15,442 per year — as listed

Taxes shown reflect the current owner's exemptions and may change after purchase.

About this home

Come check out the Duplex at 601 and 603 N Rita, in Lacy Lakeview! Both sides currently leased. Each unit offers 1 bedroom and 1 bath. Current monthly rents are $1,000 and $900. Recent updates include a new roof and new windows. Great location just down from I-35. Large yard with mature trees! Principal in Selling Entity is a licensed Real Estate Broker in the state of Texas.

The details

HeatingCentral
CoolingCentral Air
FlooringCarpet, Ceramic Tile
AppliancesDishwasher, Electric Cooktop, Electric Oven, Refrigerator
Interior featuresCable TV Available, Vaulted Ceiling(s)

Construction materialsBrick, Wood
RoofComposition
FoundationSlab

Water sourceCity Water
SewerCity Sewer

SubdivisionBaxley J A

ElementaryConnally
Middle schoolConnally
High schoolConnally
DistrictConnally ISD

Gross income$22,800 per year
Operating expenses$7,357.76 per year
Operating includesInsurance, Maintenance
Insurance$2,460 per year
Cap rate6.86% — as listed
Net operating income$15,442 per year

MLS #21395928
Source
On the market4 days
CountyMcLennan

Around this home

One moment…

Everyday life

Nearest groceryElm Mott Grocery · 2.2 mi
Nearest parkVeterans Memorial Park · 0.2 mi

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Listing courtesy of Campus, REALTORS — David Harris.

Where it is

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Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21395928. Information last updated October 14, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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