11638 SAM REYNOLDS ROAD, JUSTIN, TX 76247

Homes for sale in Justin.

Homes for sale in 76247.


11638 Sam Reynolds Road

Justin, TX 76247

Status of the property has changed, please contact for details

List Price$1,999,500

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #20711016

32

Bedrooms

21 full

Bathrooms

2,016

Square Feet

9

Number of Units

Multi-Unit Residential

Type

About This Property

A portfolio of nine income-producing properties located within 15 miles of each other is centrally situated in Justin (3), Ponder (2), and Rhome (4). All homes in the portfolio are 100% occupied by long-term tenants and generate a gross annual income of $181,560. All homes sit on 1+ acre lots and have been well-maintained, making these highly desirable rental units for any investor. This turn-key portfolio is an instant cash-flow opportunity in the high-growth area of Alliance, which straddles Denton and Tarrant counties. Alliance is one of the nation's premier business parks, offering a variety of work environments, including office, industrial, flex, and retail. Cash purchase, properties are not in the same neighborhood making it difficult for financing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Please be aware, tenants were not disturbed to obtain accurate room dimensions. PNL numbers are a 3-year average.

Property Features

Location Information

County

Denton

Subdivision

Sunflower Meadows

Interior Features

Interior

Other

Cooling

Electric

Full Baths

21

Floors

Combination

Has Fireplace

No

Appliances

Dishwasher, Electric Range

Heating

Electric

Total Number of Units

9

Exterior Features

Stories

1

Pool Description

None

Construction

Other

Lot Size in Acres

1

Foundation

Other

Lot Size in Sq. Ft.

43,560

Roof

Composition

Buildings

9

Water / Sewer

Other, Septic Available

Building Total Area (Sq. Ft.)

2,016

Utilities

Other, Septic Available

Is One Story

Yes

Parking Description

Other, Outside

School

Elementary School District

Northwest ISD

Jr. High School

Pike

Elementary School

Hatfield

High School

Northwest

Additional Information

Year Built Details

Preowned

Status

Active

Property Type

RI

Has a Home Owners Association

No

Year Built

1993

Tax Annual Amount

1641.0

Mortgage Calculator

$9,337

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$7,205

Monthly Tax

$1,666

Monthly Insurance

$466

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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