2306 El Rhea

Remodel opportunity with strong income potential near Lake Placid. This property includes three separate rental units, starting with a solidly built, all-brick duplex on a slab foundation with a new roof. The duplex features a 2-bedroom, 1-bath unit on the left and a 1-bedroom, 1-bath unit on the right. A detached metal-frame workshop has been partially enclosed and includes a 1-bedroom, 1-bath apartment, offering additional rental income. The half-acre lot includes a concrete circle driveway, mature oak trees, and paved road access from both the front and back of the property. Located just minutes from Texas Lutheran University and downtown Seguin, the neighborhood is composed of single-family homes. Owners enjoy access to Lake Placid through the El Rhea Courts Owners Association park and boat ramp at the end of the street-perfect for boating, fishing, and picnicking.