Property Attributes
- MLS#20417759
- TypeMulti-Family
- CountyWISE
- CityDecatur
- NeighborhoodSatellite City U1
- Zip76234
- StyleDuplex
- Price$ 898,000
- Bedrooms18
- Full Bathrooms10
- Half Bathrooms0
- Sqr Footage8400
- Lot Size6.13 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
Calling All Investors! Three duplex units spread out over 6.13 acres. This is a sure investment guaranteeing rental income with long standing tenants in each unit. Each unit is approximately 2800sqft of living space constructed with decorative stone-finish masonry block, new metal roofs, vinyl floors or stained concrete throughout, ceramic tile surrounding in tub-showers, and covered parking. Each unit has a private well (with masonry block well-house) and septic system. These units are built for years of trouble-free service and have been maintained with newer pressure tanks in the well houses and all septic's pumped within the last year. There is also a 1600sqft metal shop between the 1st and 2nd units.
Elementary School |
---|
Carson Elementary School |
Price History | |
---|---|
9/5/2023 | Listed $1,075,000 |
10/2/2023 | 8% - $998,000 |
2/27/2024 | 11% - $898,000 |
General Features
Heating | Central,Electric |
---|---|
Complex Name | N/A |
Cooling | Central Air,Electric |
Utilities | Co-op Electric,Septic,Well |
Possession | Closing/Funding |
Roof | Metal |
Appliances | Dishwasher,Electric Cooktop,Electric Oven |
School District | Decatur ISD |
Capitalization Rate | 4.55 |
Year Built | 2004 |
Tenancy | No Sublease,Over 9 Months,Pets Allowed,Written Application Only |
Levels | One |
Will Subdivide | No |
Gross Annual Expenses | 34748.00 |
Unit Number | 272,372,and 500 |
Property SubType | Duplex |
Subdivision Name | Satellite City U1 |
Insurance Expense | 8400 |
Occupant Type | Tenant |
Carport Spaces | 2 |
County | Wise |
Operating Expense Includes | Insurance,Maintenance Grounds,Manager,Trash,Other |
Property Type | Residential Income |
Security Features | Smoke Detector(s) |
Construction Materials | Block |
Year Built Details | Preowned |
HOA Type | None |
Special Notes | Aerial Photo |
# of Buildings | 3 |
Status | Active |
Directions | South from Decatur on Hwy 287. East on FM 2264 for 4 miles. Turn right on County Road 4219 and then first left onto Private Road 4207. On right. |
City | Decatur |
Buyer Agent Compensation | 2 |
Elementary School Name | Carson |
High School | Decatur |
Street Name | Pr 4207 |
Elementary School | Carson |
Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20417759 |
Standard Status | Active |
Buyer Agent Compensation Type | % |
Interior Features
Interior Features | Vaulted Ceiling(s) |
---|---|
Flooring | Carpet,Concrete,Vinyl |
Occupancy Rate | 100 |
Total Units | 3 |
Unit Count | 2 |
Full Baths | 10 |
Lock Box Type | None |
Total Bedrooms | 18 |
Exterior Features
Exterior Features | Covered Patio/Porch |
---|---|
Lot Features | Acreage |
Fencing | Back Yard,Chain Link |
Lot Size Source | Assessor |
Parking Features | Covered |
Lot Size | 5 to < 10 Acres |
Covered Spaces | 6 |
Foundation | Slab |
Lot Size Area | 6.1300 |
Number Of Parking Spaces | 6 |
Lot Size Units | Acres |
Building Area Total | 8400.00 |
Lot Size Square Feet | 267022.8000 |
Lot Size Acres | 6.1300 |
Patio And Porch Features | Covered |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool