11638 SAM REYNOLDS ROAD, JUSTIN, TX 76247
Homes for sale in Justin.
Homes for sale in 76247.
11638 Sam Reynolds Road
Justin, TX 76247
List Price$1,999,500
Listing #20711016
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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