Address
115 Private Road 7986 # OF, Winnsboro, TX
Price
$ 525,000
Property Attributes
- MLS#20553823
- TypeMulti-Family
- CountyWOOD
- CityWinnsboro
- NeighborhoodTj Curi Surv A-116
- Zip75494
- StyleDuplex
- Year Built2009
- Taxes$ 7862
- Price$ 525,000
- Bedrooms13
- Full Bathrooms9
- Half Bathrooms0
- Lot Size6.778 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
MOTIVATED SELLER: Wonderful Investment Property in East Texas! Property includes 6.7 total acres with plenty of room to expand the number of rental units or choose to build a primary residence on the property along with expanding your rental units all on the same property. Property is centrally located between Winnsboro, Quitman, and Gilmer. Property includes 1 Triplex and 2 Duplexes. Triplex has 3, 1 Bedroom, 1 Bathroom units. One Duplex has 2, 2 Bedroom, 1 Bathroom units. Second Duplex has 2, 3 Bedroom, 2 Bathroom units. Units are all electric with central VHAC and aerobic septic. Units have individual meters for electricity and water. Great road frontage on both FM 312 and CR 3986. Location is a beautiful country setting with multiple options to expand and utilize the additional acreage for an RV park or mini-storage. 100% LEASED!
| Elementary School |
|---|
| Winnsboro Elementary School |
| Price History | |
|---|---|
| 3/6/2024 | Listed $550,000 |
| 3/26/2024 | 5% - $525,000 |
General Features
| Heating | Central |
|---|---|
| Complex Name | Lang Duplex |
| Cooling | Central Air,Electric |
| Utilities | Aerobic Septic,Co-op Electric,Co-op Water |
| Possession | Closing/Funding |
| Roof | Composition |
| Appliances | Electric Oven,Electric Range,Refrigerator |
| School District | Winnsboro ISD |
| Capitalization Rate | 9.78 |
| Year Built | 2009 |
| Levels | One |
| Unexempt Taxes | 7862 |
| Will Subdivide | No |
| Gross Annual Expenses | 8777.78 |
| Unit Number | OF |
| Property SubType | Duplex |
| Subdivision Name | Tj Curi Surv A-116 |
| Accessibility Features | Accessible Doors |
| Insurance Expense | 3600 |
| Occupant Type | Tenant |
| County | Wood |
| Operating Expense Includes | Maintenance,Maintenance Grounds,Maintenance Structure,Manager |
| Property Type | Residential Income |
| Construction Materials | Fiber Cement |
| Year Built Details | Preowned |
| HOA Type | None |
| # of Buildings | 3 |
| Status | Active |
| Directions | From Quitman at the Wood County Courthouse in Quitman,take Hwy 154 East for approx 12 miles. Turn left onto FM312. Continue for approx 2 miles. Turn left onto County Road 3986. In 350 feet,turn left |
| City | Winnsboro |
| Buyer Agent Compensation | 3% |
| Elementary School Name | Winnsboro |
| High School | Winnsboro |
| Street Name | Private Road 7986 |
| Elementary School | Winnsboro |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20553823 |
| Standard Status | Active |
| Buyer Agent Compensation Type | % |
Interior Features
| Interior Features | Eat-in Kitchen,Walk-In Closet(s) |
|---|---|
| Flooring | Carpet,Ceramic Tile,Laminate |
| Total Units | 7 |
| Unit Count | 7 |
| Full Baths | 9 |
| Lock Box Type | Call Listing Office |
| Total Bedrooms | 13 |
Exterior Features
| Lot Features | Acreage |
|---|---|
| Parking Features | No Garage |
| Foundation | Slab |
| Lot Size Area | 6.7780 |
| Number Of Parking Spaces | 12 |
| Lot Size Units | Acres |
| Building Area Total | 6420.00 |
| Lot Size Square Feet | 295249.6800 |
| Lot Size Acres | 6.7780 |
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 75494
Price
Taxes
Visits
Year Built
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