Address
11015 W Interstate Highway 30, Cumby, TX
Price
$ 1,850,000
Property Attributes
- MLS#20525164
- TypeMulti-Family
- CountyHOPKINS
- CityCumby
- NeighborhoodJonas Hailey Surv Abs #464
- Zip75433
- StyleApartment
- Year Built1997
- Taxes$ 7596
- Price$ 1,850,000
- Bedrooms10
- Full Bathrooms6
- Half Bathrooms0
- 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. (Square footage is believed to be wrong)
| Elementary School |
|---|
| Cumby Elementary School |
| Price History | |
|---|---|
| 2/16/2024 | Listed $1,850,000 |
General Features
| Heating | Central |
|---|---|
| Complex Name | Cumby |
| Cooling | Central Air |
| Utilities | Cable Available,Electricity Available,Overhead Utilities,Sewer Available |
| Possession | Closing/Funding |
| Roof | Shingle |
| Appliances | Dishwasher,Electric Range |
| School District | Cumby ISD |
| Capitalization Rate | 3.04 |
| Year Built | 1997 |
| Tenancy | Over 9 Months |
| Levels | One |
| Unexempt Taxes | 7596 |
| Will Subdivide | Subdivided |
| Gross Annual Expenses | 8933.00 |
| Property SubType | Apartment |
| Subdivision Name | Jonas Hailey Surv Abs #464 |
| Insurance Expense | 3000 |
| County | Hopkins |
| Property Type | Residential Income |
| Construction Materials | Siding |
| Year Built Details | Preowned |
| HOA Type | None |
| # of Buildings | 2 |
| 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 |
| Elementary School Name | Cumby |
| High School | Cumby |
| Street Name | Interstate Highway 30 |
| Elementary School | Cumby |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20525164 |
| Standard Status | Active |
| Buyer Agent Compensation Type | % |
Interior Features
| Interior Features | Flat Screen Wiring,Other |
|---|---|
| Flooring | Luxury Vinyl Plank |
| Total Units | 6 |
| Unit Count | 1 |
| Full Baths | 6 |
| Lock Box Type | None |
| Total Bedrooms | 10 |
Exterior Features
| Lot Size Source | Assessor |
|---|---|
| Parking Features | On Site |
| Lot Size | 10 to < 50 Acres |
| Foundation | Slab |
| Lot Size Area | 29.1390 |
| Number Of Parking Spaces | 12 |
| Lot Size Units | Acres |
| Building Area Total | 3644.00 |
| Lot Size Square Feet | 1269294.8400 |
| Lot Size Acres | 29.1390 |
| Patio And Porch Features | Awning(s) |
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 75433
Price
Taxes
Visits
Year Built
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