Address
11638 Sam Reynolds Road, Justin, TX
Price
$ 2,100,000
Property Attributes
- MLS#20321553
- TypeMulti-Family
- CountyDENTON
- CityJustin
- NeighborhoodSunflower Meadows
- Zip76247
- StyleMultiple Single Units
- Year Built1993
- Taxes$ 1641
- Price$ 2,100,000
- Bedrooms9
- Full Bathrooms9
- Half Bathrooms0
- Lot Size1 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
Portfolio of nine income-producing properties located within 15 miles of each other centrally situated in Justin (3), Ponder (2) and Rhome (4). All homes in the portfolio are 100% occupied by long-term tenants and it generates a gross annual income of $155,520! All homes sit on 1+ acre lots and have been well maintained making these highly desirable rental units for any investor. This turn-key portfolio is an instant cash-flow opportunity situated in the high growth area of Alliance straddling Denton and Tarrant counties. Alliance is one of the nation's premier business parks, offering a variety of work environments, including office, industrial, flex and retail. All information provided is deemed reliable, but is not guaranteed and should be independently verified. Please be aware, tenants were not disturbed to obtain accurate room dimensions. PNL numbers are a 3yr average.
| Elementary School |
|---|
| Hatfield Elementary School |
| Price History | |
|---|---|
| 5/5/2023 | Listed $2,100,000 |
General Features
| Heating | Electric |
|---|---|
| Complex Name | NA |
| Cooling | Electric |
| Utilities | Septic,Other |
| Possession | Closing/Funding |
| Roof | Composition |
| Appliances | Dishwasher,Electric Range |
| School District | Northwest ISD |
| Capitalization Rate | 6.63 |
| Year Built | 1993 |
| Levels | One |
| Unexempt Taxes | 1641 |
| Will Subdivide | No |
| Gross Annual Expenses | 16324.00 |
| Property SubType | Multiple Single Units |
| Subdivision Name | Sunflower Meadows |
| Insurance Expense | 5717 |
| County | Denton |
| Property Type | Residential Income |
| Construction Materials | Other |
| Year Built Details | Preowned |
| HOA Type | None |
| # of Buildings | 9 |
| Status | Active |
| Directions | Please rely on map or GPS for location of each one of the units. |
| City | Justin |
| Buyer Agent Compensation | 15 |
| Elementary School Name | Hatfield |
| High School | Northwest |
| Street Name | Sam Reynolds |
| Elementary School | Hatfield |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20321553 |
| Standard Status | Active |
| Buyer Agent Compensation Type | $ |
Interior Features
| Interior Features | Other |
|---|---|
| Flooring | Combination |
| Occupancy Rate | 100 |
| Total Units | 9 |
| Unit Count | 9 |
| Lock Box Type | None |
| Street Suffix | Road |
Exterior Features
| Parking Features | Outside,Other |
|---|---|
| Lot Size | 1 to < 3 Acres |
| Foundation | Other |
| Lot Size Area | 1.0000 |
| Lot Size Units | Acres |
| Building Area Total | 2016.00 |
| Lot Size Square Feet | 43560.0000 |
| Lot Size Acres | 1.0000 |
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 Multi-Family Average in 76247
Price
Taxes
Visits
Year Built
© 2024 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor NextHome Premier Choice shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real
