212 N MIMOSA, ORE CITY, TX 75683
Homes for sale in Ore City.
Homes for sale in 75683.
List Price$398,000
212 N Mimosa
Ore City, TX 75683
Listing #26008807
6,720
Square Feet
4
Number of Units
Multi-Unit Residential
Type
About This Property
Turn-Key Investment Opportunity -- 4-Unit Duplex Package. Two attractive two-story duplexes offering 4 units total. Each unit features1680 sq ft, 4 bedrooms, 2 bathrooms, a 2-car carport, fenced backyard, and covered front & back porches. Income Potential: all units currently leased long-term at $900-month each;$3,600-month in total rental revenue/$43,00/year. These are ready-to-go properties ideal for immediate cash flow. Perfect for investors seeking instant returns with minimal startup effort.
Property Features
Location Information
County
Upshur
Directions
Out of Longview, take US Hwy 259 North to Ore City, turn left on Rebel Dr and take the next right onto Mimosa, property on the left.
Subdivision
Lone Pine
Interior Features
Fireplace Description
None
Unit 1 Features
Beds: 4; Baths: 2
Heating
Central Electric
Unit 2 Features
Beds: 4; Baths: 2
Cooling
Central Electric
Unit 3 Features
Beds: 4; Baths: 2
Separate Meters
Electric, Water
Unit 4 Features
Beds: 4; Baths: 2
Tenant Pays
All Utilities
Total Number of Units
4
Exterior Features
Construction
Siding, Cedar, Other/See Remarks
Lot Size in Acres
0.466
Foundation
Other/See Remarks
Zoning
Two Family Dwelling
Parking Description
Carport
Has Waterfront
No
School
Elementary School
Ore City
High School
Ore City
Middle School
Ore City
Additional Information
Property Type
RI
Owner Pays
Other/See Remarks
Property SubType
Duplex
Taxes
3989.91
Year Built
1984
Tax Year
2026
Status
Active
Square Feet Source
OCAD
Similar Listings
Mortgage Calculator
$1,857
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,434
Monthly Tax
$331
Monthly Insurance
$92
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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