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$900,000
Est. payment /mo
16 Acres Lot
UPDATED:
08/30/2024 04:13 PM
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 23011961
Lot Size 16.000 Acres
Acres 16.0
Property Description
Located on 16 acres just north of Lindale TX with almost 550 feet of road frontage on Hwy 69. The property has a gross income per month of $4,400 per month across 17 units. The mobile homes located on the property are tenant owned and lot rents have not been raised by ownership for 10+ years. The property has two water wells, septic tanks and electric is separate which limits the expenses per month for a new owner. Located just .5 miles south of loop 49 it is very marketable to a tenant base to live here an
Location
State TX
County Smith
Area Smith
Zoning Other/See Remarks
Exterior
Waterfront No
View Y/N No
Others
Acceptable Financing Conventional, FHA, VA, Cash
Listing Terms Conventional, FHA, VA, Cash
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Listed by Sam Scarborough • Scarborough Commercial Real Estate