Address
11015 W Interstate Highway 30, Cumby, TX
Price
$ 1,850,000
Property Attributes
- MLS#20524698
- TypeCommercial
- CountyHOPKINS
- CityCumby
- NeighborhoodJonas Hailey Surv Abs #464
- Zip75433
- StyleIndustrial
- Year Built1997
- Taxes$ 7596
- Price$ 1,850,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage6644
- Lot Size29.139 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
Discover this great investment opportunity with a fully remodeled 6-unit complex on 30 acres with Interstate 30 frontage, just an hour northeast of Dallas. This property offers expansion potential for additional residential units, industrial, or retail spaces. Each unit, remodeled less than a year ago, is fully occupied and comes with warranties on the work. Additionally, there's a 3000 square foot large shop with its own entrance off a State Highway, perfect for business operations or leasing. The complex also has a laundry room with paid machines for additional Cash income. This investment opportunity combines modern living spaces with vast land for growth, making it a unique and lucrative venture in a rapidly developing area. Apartments generate approx $5600mo and shop building brings in $1400mo, If you wanted to purchase for future, The acreage could be leased for additional income.
| Price History | |
|---|---|
| 2/1/2024 | Listed $1,850,000 |
General Features
| Heating | Central |
|---|---|
| Cooling | Central Air |
| Utilities | Cable Available,Electricity Available,Overhead Utilities,Sewer Available |
| Ceiling Height | 8 to10 Feet |
| Possession | Closing/Funding |
| Roof | Shingle |
| Year Built | 1997 |
| Tenant Pays | All Utilities |
| Business Type | Real Estate |
| Unexempt Taxes | 7596 |
| Building Use | Other |
| Will Subdivide | Yes |
| Gross Annual Expenses | 8933.00 |
| Property SubType | Industrial |
| Subdivision Name | Jonas Hailey Surv Abs #464 |
| Zoning Description | multi |
| County | Hopkins |
| Property Type | Commercial Sale |
| Construction Materials | Siding |
| Year Built Details | Preowned |
| Status | Active |
| Directions | Property is located on the E HWY 30 Service Road between FM 275 and FM 275 S |
| City | Cumby |
| Buyer Agent Compensation | 2.5 |
| Street Name | Interstate Highway 30 |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20524698 |
| Standard Status | Active |
| Buyer Agent Compensation Type | % |
Interior Features
| Flooring | Luxury Vinyl Plank |
|---|---|
| Total Stories | 1 |
| Total Units | 6 |
| SQFT Gross | 6644 |
| Lock Box Type | None |
Exterior Features
| Lot Size Source | Assessor |
|---|---|
| Parking Features | On Site |
| Lot Size | 10 to < 50 Acres |
| Foundation | Slab |
| Lot Size Area | 29.1390 |
| Lot Size Units | Acres |
| Building Area Total | 6644.00 |
| Lot Size Square Feet | 1269294.8400 |
| Lot Size Acres | 29.1390 |
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 75433
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
