For Sale

$875,000

HIGHLIGHTS:
  • Active
  • $10,947/month
  • 187 DOM
  • 1 Stories
  • 0 Beds
  • 4,000 SqFT
Description

This income generating 4-acre property includes three tenant-occupied homes, all are on one-year leases. The two units are recently renovated 1,500 sq ft home with 3 bedrooms and 2 bathrooms. The third is a 2-bedroom home on a pier and beam foundation. Two units have brand new appliances. The land is partly fenced, has a water well and two septic tanks, and is great for livestock or horses. It's located on FM 362, a growing road that connects I-10, US 290, FM 1488, and the future SH 105/249. The property is about 4 miles from US 290 and Waller High School. Nearby developments include a 520-acre site by Wolff Companies, a new Toyota dealership, and Daikin’s large facility employing 6,000+. A 450-acre town center is also planned nearby. US 290’s expansion & the Grand Parkway make this area easy to reach. Great potential for commercial, residential, or industrial use. Waller is growing fast & this property is in the path of major development. Generating $5000+ rent per month, cant mi

Overview
  • MLS Number: 56741145
  • Type: Multi-Family - Triplex
  • Bedrooms: N/A
  • Bathrooms: N/A
  • Garages: N/A
  • Size: 4,000 SqF
  • Land Size: 174,588 sqft
  • Year Built: 2015
Financial
Price:
$875,000
Price/SqFT:
$218.75
HOA Fee:
Tax Rate:
1.69956 %
Est. Monthly:
$10,947 *
Tax Amount:
$14,871
Amenities and features
Property & Schools on Map
Floor plans / Dimensions / Descriptions
  • Heating:
    Propane
    Cooling:
    Central Electric
    Dishwasher:
    Yes
    Disposal:
    Yes
    Compactor:
    No
    Microwave:
    Yes
  • Roof:
    Other
    Lot Description:
    Cleared

Listed By:
Sreeni Todupunoori

Texas Signature Realty

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