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112 Woodlake Lane

Axtell, TX 76624

$365,000

3 units · 1961

Units3
Building area1,050 sq ft
Year built1961
Gross income$10,800/yr
Cap rate1.73% as listed
Parking6 spaces
Lot size1.51 acres
TypeResidential Income

What it costs to own

Taxes$3,274 per year
HOANone listed
Operating expenses$4,474 per year — as listed
Insurance$1,200 per year — as listed
Net operating income$6,326 per year — as listed

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

About this home

Welcome to this versatile 1.5-acre property in Axtell, TX offering endless opportunity and space to spread out.
This unique property features three separate living spaces, making it perfect for multi-generational living or investment potential. The mobile home offers 3 bedrooms, 2 bathrooms, and a convenient carport. The apartment includes 1 bedroom and 1 bathroom, with the refrigerator conveying with the sale. The main house features 2 bedrooms, 1 bathroom, plus a 2-car garage and an additional carport for ample parking and storage.

You’ll also find a red shed with electric and water already in place, finished with sheetrock and texture—ideal for a workshop, studio, or extra storage space. A separate storage shed adds even more functionality to the property.

Whether you’re looking to live, invest, or create income-producing opportunities, this Axtell property is full of potential and ready for its next chapter.

The details

HeatingCentral, Electric
CoolingWindow Unit(s)
FlooringOther
AppliancesNone
Interior featuresOther

Construction materialsSiding
RoofMetal
FoundationPillar/Post/Pier

Lot featuresAcreage, Level, Lrg. Backyard Grass
Water sourceMaster Water Meter
SewerSeptic
ElectricElectricity Connected

SubdivisionWoodlake Estates

ElementaryAxtell
Middle schoolAxtell
High schoolAxtell
DistrictAxtell ISD

Gross income$10,800 per year
Operating expenses$4,474 per year
Insurance$1,200 per year
Cap rate1.73% — as listed
Net operating income$6,326 per year

MLS #21279640
Source
Price changeReduced by $20,000 · Sep 9, 2026
On the market112 days
CountyMcLennan

Around this home

One moment…

Everyday life

Nearest groceryElm Mott Grocery · 7.8 mi
Nearest parkVeterans Memorial Park · 7.9 mi

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Listing courtesy of EG Realty — Anel Perales.

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 #21279640. Information last updated September 9, 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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