11015 W Interstate Highway 30

Cumby, TX 75433
$1,800,000
6644 sqft | 29.14 acres | #20524698

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.

  • Property Details
      • Stories:1
      • Acres:29.1390
      • Square Feet:6644.00
      • Property type:Purchase
      • Year built:1997
      • Foundation:Slab
      • Utility features:Cable Available, Electricity Available, Overhead Utilities, Sewer Available
      • Subdivision:Jonas Hailey Surv Abs #464
      • County:Hopkins
      • Buying Agency Compensation:2.5
      • MLS #:20524698
      • Cost:1800000
      • Property subtype:Industrial
      • MLS #:20524698

Location

Brenda MancilBrenda Mancil REALTOR®
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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