2820 US HIGHWAY 380, DECATUR, TX 76234

Homes for sale in Decatur.

Homes for sale in 76234.


Status of the property has changed, please contact for details

List Price$2,690,000

2820 US Highway 380

Decatur, TX 76234

Listing Image Listing Image

Listing #21073972

19,126

Square Feet

66

Number of Units

Commercial

Type

About This Property

380 Eagle's Nest is a turnkey investment opportunity located just off Hwy 380 in the Decatur ETJ of Wise County. This income-producing property features a tiny home community and storage facility on approximately 3.74 acres, generating $367,920 in gross annual revenue and $282,519 in net income, delivering a 10.5% cap rate. The property includes 16 custom-built tiny homes, each approximately 392 square feet, with full kitchens including a refrigerator, cooktop, oven, and microwave. Homes are not furnished. Water, electric, and trash service are included for tiny homes. A coin-operated laundry facility with Speed Queen commercial equipment is also on-site, adding convenience and additional income. The property offers 50 storage units and 5 parking spaces, with rental rates ranging from $50 to $1000 month. Operated on city water and septic, and located in the county, the site requires no city approvals for improvements or expansion. With low annual expenses of $85,401 and strong demand driven by the Decatur and DFW markets, this is a rare opportunity for stable returns and long-term growth. Aerial imagery is for illustration only. Property boundaries and acreage (approx. 3.74 acres) subject to survey. Sales price is not contingent on exact land size. Property to be sold by metes and bounds description. This property may be purchased individually or together with the adjoining asset as a single turnkey investment. For details on the companion listings, see: Storage Facility -- MLS #21073775 and Tiny Home Community -- MLS #21073865. Buyers have the flexibility to acquire either asset separately or both as one combined portfolio.

Property Features

Location Information

County

Wise

Subdivision

JH MOORE

Interior Features

Has Fireplace

No

Floors

Concrete, Wood

Heating

Electric

Total Number of Units

66

Cooling

Electric

Exterior Features

Construction

Metal Siding, Wood Siding

Lot Size in Sq. Ft.

119,354

Foundation

Slab

Possible Best Use

Other

Roof

Composition, Metal

Zoning

unincorporated

Utilities

Septic Available

Building Total Area (Sq. Ft.)

19,126

Parking Description

Additional Parking, RV Access/Parking

Is One Story

No

Lot Description

Acreage

Lot Description

Acreage

Lot Size in Acres

2.74

Additional Information

Year Built Details

Preowned

Status

Closed

Property Type

COM

Tax Annual Amount

14616.0

Property SubType

Business

Lot Acres Source

Assessor

Year Built

2002

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