Address
304 S US Highway 287, Elkhart, TX
Price
$ 255,000
Property Attributes
- MLS#20348823
- TypeCommercial
- CountyANDERSON
- CityElkhart
- Zip75839
- StyleIndustrial
- Price$ 255,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size1.698 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
This investment opportunity features a 1.698-acre revenue-generating property on US Hwy 287 (19) in Elkhart, TX. The 1,388 sq ft house, currently vacant, previously rented for $750 per month, with a new roof. Adjacent is a fully occupied 1,000 sq ft storage building with 10 units at $45 per unit per month. Potential for increased revenue through rate adjustments and space for five more buildings or RV park facilities. Prime location along US Hwy 287 enhances visibility and accessibility. Investors can capitalize on existing income, adjust rates, and strategically develop the available space for growth in Elkhart, TX.
| Price History | |
|---|---|
| 6/6/2023 | Listed $275,000 |
| 8/1/2023 | 8% - $255,000 |
General Features
| Heating | Other |
|---|---|
| Cooling | Zoned |
| Utilities | City Sewer,City Water,Electricity Available,Natural Gas Available,Sewer Available |
| Ceiling Height | Other |
| Possession | Closing/Funding |
| Roof | Composition |
| Year Built | 1950 |
| Tenant Pays | None |
| Topography | level |
| Business Type | Storage,Other |
| Building Use | Storage Warehouse |
| Will Subdivide | No |
| Gross Annual Expenses | 0.00 |
| Property SubType | Industrial |
| Subdivision Name | na |
| Zoning Description | See remarks |
| County | Anderson |
| Property Type | Commercial Sale |
| Construction Materials | Frame,Wood |
| Year Built Details | Preowned |
| Status | Active |
| Directions | From Palestine,south on 287 or 19 toward Elkhart for about 10 miles. Property will be on right at the intersection of 287 & CR1817. |
| City | Elkhart |
| Buyer Agent Compensation | 3 |
| Street Name | US Highway 287 |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20348823 |
| Standard Status | Active |
| Buyer Agent Compensation Type | % |
Interior Features
| Flooring | Other |
|---|---|
| Total Stories | 1 |
| Total Units | 2 |
| Lock Box Type | None |
Exterior Features
| Lot Features | Irregular Lot,Level |
|---|---|
| Lot Size Source | Appraiser |
| Parking Features | Off Street |
| Lot Size | 1 to < 3 Acres |
| Foundation | Slab |
| Lot Size Area | 1.6980 |
| Lot Size Units | Acres |
| Construction Materials Walls | Other |
| Building Area Total | 2388.00 |
| Lot Size Square Feet | 73964.8800 |
| Lot Size Acres | 1.6980 |
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 Commercial Average in 75839
Price
Visits
Year Built
Walkscore
© 2024 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor NextHome Premier Choice shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real
