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Mike Bowman

[email protected] +1(817) 328-2342

$429,900

Est. payment - /mo

2.87 Acres Lot

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Ah Wyley

MLS Listing ID 21253234

HOA Y/N None

Total Fin. Sqft 3168

Year Built 2006

Annual Tax Amount $4,909

Lot Size 2.870 Acres

Acres 2.87

Property Sub-Type Duplex

Property Description

TURNKEY INVESTMENT with room to grow on 2.87 acres!! If you've been looking for a low maintenance, income producing property that actually makes sense long term, this is it. This property features three fully leased units, one duplex and one standalone home, with space to expand and increase your return over time. What really sets this one apart is how easy it is to own. Built with durability in mind, these units were designed to keep maintenance low and cash flow steady. Metal roofing, stained concrete and tile floors, pipe fencing, covered parking with steel posts, and a 600 ft deep private water well pulling from the Wilcox Carrizo Aquifer, meaning no water bill. Each unit offers: 2 bedrooms, 1 bathroom, Private fenced front and back yards, Storage buildings, Covered parking on concrete slabs and Central heat and air. The setting is peaceful and private, surrounded by pine trees and open pasture, but still conveniently located just minutes from Ben Wheeler, 10 to 15 minutes to Canton, and 15 to 20 minutes to Tyler. All units are currently leased to long term, reliable tenants, making this a true turnkey investment from day one. Whether you're looking to expand your portfolio or secure a property with built in income and future upside, this is the kind of property that's easy to own and makes sense on paper.

Location

State TX

County Van Zandt

Direction Use GPS

Interior

Interior Features Built-in Features, Eat-in Kitchen, High Speed Internet Available, Open Floorplan, Walk-In Closet(s)

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air, Electric

Flooring Concrete

Appliance Dishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Refrigerator

Heat Source Central, Electric

Exterior

Exterior Feature Rain Gutters, Private Entrance, Private Yard, Storage

Carport Spaces 3

Fence Back Yard, Front Yard, Pipe

Utilities Available Aerobic Septic, Co-op Electric, Well

Roof Type Metal

Garage No

Building

Lot Description Acreage, Cleared, Few Trees

Story One

Foundation Slab

Level or Stories One

Structure Type Brick,Metal Siding,Steel Siding

Schools

Elementary Schools Rhodes

Middle Schools Van

High Schools Van

School District Van Isd

Others

Acceptable Financing 1031 Exchange, Cash, Conventional, Owner Will Carry

Listing Terms 1031 Exchange, Cash, Conventional, Owner Will Carry

Special Listing Condition Aerial Photo, Survey Available

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21253234

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Sandra Wells • eXp Realty LLC

Nearby School & Business

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Mike Bowman

+1(817) 328-2342

Broker | License ID: 0273938

Broker License ID: 0273938

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138 Vz County Road 4714 Ben Wheeler, TX 75754

Mike Bowman

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby School & Business

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