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Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,790 sqft
Price per Sqft $164
Subdivision E B Reed Survey
MLS Listing ID 20175185
Sold Date 02/10/23
Style Traditional
Bedrooms 2
Full Baths 1
HOA Y/N None
Year Built 1956
Annual Tax Amount $1,177
Lot Size 0.500 Acres
Acres 0.5
Property Description
COMMERCIAL OPPORTUNITY! This property is currently being used residential, but the value is in the land for future commercial use. The upcoming subdivision, Lake Haven, boasts 1800 new homes to be built and available starting in 2023. This property will be directly on the right hand side as future cars exit this subdivision onto Hwy 78. Perfect place for a future gas station, fast food, or daycare for residents leaving this large subdivision to go to work. The house needs extensive repairs and provides little to no value to the property. This area is rapidly growing, and this is a perfect opportunity to grab onto a future Hot Spot! Property is being sold AS IS. See the City of Farmersville City Council Agenda Minutes for more details about this upcoming subdivision.
Location
State TX
County Collin
Direction From Farmersville, Take Highway 78 South toward Lake Lavon. After passing CR 550 on the right, you will see the new road they are building to enter into the new Lake Haven subdivision. This property will be on the right just past this new entrance off Hwy 78.
Rooms
Dining Room 0
Interior
Interior Features Other
Heating Other
Cooling Other
Flooring Other
Appliance Other
Heat Source Other
Exterior
Utilities Available Co-op Water, Electricity Available
Roof Type Composition
Parking Type Driveway
Garage No
Building
Story One
Foundation Bois DArc Post
Structure Type Siding
Schools
Elementary Schools Tatum
School District Farmersville Isd
Others
Restrictions No Known Restriction(s)
Ownership Darrell Pelton
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Aerial Photo
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Bought with Non-Mls Member • NON MLS
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