Seller Financing
Address
2437 S Fm 2869, Hawkins, TX
Price
$ 245,000
Property Attributes
  • MLS#20499737
  • TypeCommercial
  • CountyWOOD
  • CityHawkins
  • Zip75765
  • StyleBusiness
  • Year Built1999
  • Taxes$ 1729
  • Price$ 245,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.356 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

Take a look at this awesome opportunity to invest in a commercial duplex in Wood County, rated as one of the best rural places in America to retire (seriously!)! Located 1 mile south of the 2nd largest private community in Wood County, Holly Lake Ranch, with approximately 4,000 residents, this building is also outside city limits and has limited restrictions (there is no zoning or building restrictions). Property could be converted into a residential duplex if desired or needed, as residential rentals are extremely desirable and lease quickly in Wood County. Both sides are currently leased; one side is M2M and the other side has a lease that expires in June—it is a delightful coffee shop that opened over the summer, with great success and support from the Hawkins community! Ask Agent for additional data and TransactionDesk uploads!

Price History
12/23/2023 Listed $250,000
2/20/2024 2% - $245,000

General Features

Heating Central,Electric
Cooling Central Air,Electric
Utilities Asphalt,Cable Available,Co-op Water,Electricity Connected,Outside City Limits,Overhead Utilities,Private Sewer,Septic,Underground Utilities
Ceiling Height 8 to10 Feet,11 to 14 Feet
Possession Lease Outstanding,Subject to Lease
Roof Metal
Exclusions Tenants personal prop.,equipment & personal effects. Some light fixtures have been replaced by Tenant B and will not stay,but Tenant should replace.
Year Built 1999
Tenant Pays All Utilities,Common Area Maintenance,Trash Collection
Topography Flat
Business Type Agriculture,Bakery,Commercial,Deli/Catering,Fast Food,Professional Office,Recreation,Retail,Other
Unexempt Taxes 1729
Building Use Food Service,Office,Restaurant,Retail,Storage Warehouse
Average Monthly Lease 890
Owner Pays Insurance,Taxes
Will Subdivide No
Gross Annual Expenses 3961.00
Property SubType Business
Subdivision Name none
Accessibility Features Accessible Approach with Ramp
Zoning Description none (county)
Insurance Expense 2232
Occupant Type Tenant
County Wood
Operating Expense Includes Capital Improvements,Insurance,Maintenance Structure,Mortgage/Loans
Property Type Commercial Sale
Security Features Security System Leased
Construction Materials Metal Siding
Year Built Details Preowned
Number Of Leaseable Spaces 2
Number Of Spaces Leased 2
Special Notes Aerial Photo,Build to Suit,Utility Easement
Status Active
Directions From Terrell,take Highway 80 East past Mineola. Turn left on FM 2869 toward Allaso Ranch. Drive approximately 8.5 miles. Building is located on the right side of the road immediately after the Dollar
City Hawkins
Buyer Agent Compensation 2.50
Street Name Fm 2869
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/20499737
Standard Status Active
Buyer Agent Compensation Type %

Interior Features

Flooring Concrete,Laminate
Occupancy Rate 100
Total Stories 1
Total Units 2
SQFT Gross 15507
Lock Box Type None

Exterior Features

Freight Doors No Dock
Lot Size Source Plans
Parking Features On Site,Parking Lot
Lot Size Less Than .5 Acre (not Zero)
Foundation Slab
Lot Size Area 0.3560
Lot Size Units Acres
Construction Materials Walls Metal
Planned Development Holly Lake Ranch
Building Area Total 2400.00
Road Frontage Type FM Road
Lot Size Square Feet 15507.3600
Lot Size Acres 0.3560

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

Property vs Commercial Average in 75765

Price
AVG $760K
$250K
Taxes
AVG $2,229
$1,729
Visits
AVG 39
16
Data Provided by Inside Real Estate®
Year Built
AVG 2004
1999