$1,380,000
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2 Beds
2 Baths
7,704 SqFt
SOLD DATE : 05/26/2024
Key Details
Property Type Single Family Home
Sub Type Multiple Single Units
Listing Status Sold
Purchase Type For Sale
Square Footage 7,704 sqft
Price per Sqft $179
Subdivision Prices Addn
MLS Listing ID 20245759
Sold Date 05/26/24
Bedrooms 2
Full Baths 2
HOA Y/N None
Total Fin. Sqft 7704
Year Built 2023
Lot Size 1.288 Acres
Acres 1.2884
Property Description
Great new construction investment opportunity. Eight, 2 bedroom, two bath units, with approximately 963 SF each. Two buildings with four units each. Foam insulated, individual water meter, granite countertops, and vinyl plank flooring. Each building has approximately 3852 SF. Pre-lease amount is $1210. each. Each unit individually metered for electric and water. Garbage, lawn, and general maintenance will be the primary monthly expenses. 20 parking spaces, with each unit having one covered parking area. Parking lot will be concrete, and the sewer will be serviced by an on-site septic system. 2-year maintenance contract included. $150., per year, after first 2 years (Unless current septic company changes their pricing. Located outside of city limits, so taxes should be less.
Location
State TX
County Ellis
Direction South on I-35E, take exit 384 toward Derrs Chapel Rd. Turn left onto Derrs Chapel, then right on Davenport.
Interior
Interior Features Cable TV Available, Granite Counters, Open Floorplan
Heating Central, Electric
Cooling Ceiling Fan(s), Central Air, Electric
Flooring Luxury Vinyl Plank
Appliance Dishwasher, Disposal, Electric Oven, Electric Range, Ice Maker, Microwave
Heat Source Central, Electric
Exterior
Exterior Feature Covered Patio/Porch
Carport Spaces 8
Utilities Available City Water, Electricity Available, Outside City Limits, Septic, No City Services, Other
Roof Type Composition
Total Parking Spaces 8
Garage No
Building
Lot Description Interior Lot
Story One
Foundation Slab
Level or Stories One
Structure Type Brick,Siding
Schools
Elementary Schools Stafford
Middle Schools Italy
High Schools Italy
School District Italy Isd
Others
Ownership See Tax
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with Melissa Mcclain • Coldwell Banker Realty
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