1500 STATE HIGHWAY 72 W, YORKTOWN, TX 78164

Homes for sale in Yorktown.

Homes for sale in 78164.


Active

List Price$975,000

1500 State Highway 72 W

Yorktown, TX 78164

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

Listing #6879717

10

Square Feet

Commercial

Type

About This Property

This is an actively cash-flowing residential campus at 1500 State Highway 72 W in Yorktown, TX, currently generating $16,500 per month under a 5-year lease offering an investor immediate, stabilized income at the time of acquisition. The property features 10 residential homes (valued at approximately $60k each) across +/- 13.3 acres spanning two tracts: eight 4-bedroom/4-bath homes, one 3-bedroom/2-bath, and one 2-bedroom/2-bath, all currently leased. Known operating expenses include internet service, trash removal, landscaping on an as-needed basis, a $105 annual water well permit, and $500 per year in sewer maintenance, with monthly electricity ranging from approximately $2,300 to $3,600. Annual property taxes are estimated at $1,700, an exceptionally low tax burden relative to the income the property generates. Electrical, sewer, and water are all on site, and there is additional room on the property that may present future development or expansion potential. This is one of the most compelling income-producing assets in the portfolio, combining a long-term lease, a diverse housing mix, and low operating overhead in a single acquisition. Current tenants have been in place for 3 years.

Property Features

Location Information

County

DeWitt

Subdivision

Thomas H Bell Leaque & Labor A

County

DeWitt

Directions

Property is southward adjacent to Hwy 72. Sign on property.

Area

Out of Area

Interior Features

Heating

See Remarks

Disabled Features

None

Floors

See Remarks

Accessibility

None

Exterior Features

Style

See Remarks

Water

Public

Is New Construction

No

Parking Description

None

Construction/Exterior

See Remarks

Lot Size in Acres

6.812

Possession

Closing & Funding

Buildings

10

Water / Sewer

Public Sewer

Has Waterfront

No

Additional Information

Other Utilities

Electricity Connected

APN

0047843

Property Type

COM

Status

Active

Property SubType

Mobile Home

Documents Available

Aerial

Year Built

2020

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Mortgage Calculator

$4,552

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$3,513

Monthly Tax

$812

Monthly Insurance

$227

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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