$525,000
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6 Beds
4 Baths
2,822 SqFt
SOLD DATE : 03/02/2023
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,822 sqft
Price per Sqft $186
Subdivision None
MLS Listing ID 20238654
Sold Date 03/02/23
Bedrooms 6
Full Baths 4
HOA Y/N None
Year Built 2019
Annual Tax Amount $5,475
Lot Size 6.208 Acres
Acres 6.208
Property Description
Great INCOME POTENTIAL! Come take a look! This 6-acre tract of land with scattered trees currently has one metal-framed, spray foam insulted Duplex. Both sides are rented with yearly leases. Each Unit is a 1400 sqft, 3 bedroom, 2 bath open floorplan home featuring a large Master bedroom, walk-in closets, tile shower, separate pantry, and custom cabinetry, stove, dishwasher, and refrigerator. The Units are separated by the oversized garages where the washer & dryer connections are located. Units are all electric, with granite countertops and luxury plank flooring throughout. One unit has a wood-fenced backyard. The other Unit has a chain link fenced backyard. The 6-ac tract has a second water meter set for a 2nd duplex or home to be built. There is a total of 5 water lines going back to the property. The land tract was designed for a total of 4 duplexes. The seller has a boundary survey.
Location
State TX
County Van Zandt
Direction From Interstate 20 and FM 47 (EXIT 516): Go South on FM 47. The Private Road 6047 is the first road past the FM 47 Business Park on the right. Turn Right. Go to the end of the Pvt Rd, property is on the right.
Rooms
Dining Room 2
Interior
Interior Features Built-in Features, Cable TV Available, Eat-in Kitchen, Granite Counters, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Wired for Data
Heating Central
Cooling Ceiling Fan(s), Central Air
Flooring Luxury Vinyl Plank
Appliance Dishwasher, Electric Oven, Electric Water Heater, Ice Maker, Refrigerator
Heat Source Central
Laundry Electric Dryer Hookup, In Garage, Full Size W/D Area, Stacked W/D Area, Washer Hookup
Exterior
Exterior Feature Rain Gutters, RV/Boat Parking
Garage Spaces 2.0
Fence Back Yard, Chain Link, Fenced, Wood
Utilities Available Aerobic Septic, Co-op Electric, Co-op Water, Outside City Limits, Overhead Utilities, Underground Utilities, No City Services
Roof Type Metal
Parking Type Additional Parking, Garage, Garage Door Opener, Garage Faces Front, Guest, RV Access/Parking
Garage Yes
Building
Lot Description Acreage, Few Trees
Story One
Foundation Slab
Structure Type Metal Siding
Schools
Elementary Schools Willspoint
Middle Schools Willspoint
High Schools Willspoint
School District Wills Point Isd
Others
Restrictions No Known Restriction(s)
Ownership Davenport
Acceptable Financing 1031 Exchange, Cash, Conventional, Owner Will Carry
Listing Terms 1031 Exchange, Cash, Conventional, Owner Will Carry
Financing Seller Financing
Special Listing Condition Owner/ Agent, Survey Available
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Bought with Cory Wiggins • Coldwell Banker Apex, REALTORS
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