TBD EL CAMINO REAL, CHICO, TX 76431

Homes for sale in Chico.

Homes for sale in 76431.


Active

List Price$200,000

TBD El Camino Real

Chico, TX 76431

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

Listing #20987521

0.9

Acre

Lots / Land

Type

About This Property

Incredible opportunity to develop your own tiny home community within city limits on nearly a full acre of land, already zoned and approved for tiny home development. No need to worry about drilling a well or installing septic system. This property is city-serviced and ready for utility connection. Electricity is available nearby through Wise Electric Co-Op. The current owner has done the heavy lifting and will provide a plat map, topographic survey, and the approved zoning ordinance for tiny home use. All that's left is for the new owner to bring in utilities, place TDLR certified tiny homes on permanent foundations, and start generating income. With sky high demand for affordable housing in the area and a track record of 100% occupancy at the neighboring tiny home community, this is an excellent investment opportunity for knowledgeable developers, investors, or visionary entrepreneurs ready to meet a growing market need. Don't miss this chance to create a thriving, high-demand rental community with a large portion of the leg work already done for you!

Property Features

Location Information

County

Wise

Subdivision

Chico Estates

Interior Features

Has Fireplace

No

Exterior Features

Utilities

Electricity Available, Sewer Available, Water Available

Zoning

Tiny House District Pocket Community

Fencing

None

Development Status

Zoned

Lot Description

Other, City Lot

Road Description

Asphalt

Lot Size in Acres

0.898

Is One Story

No

Lot Size in Sq. Ft.

39,116

Lot Description

Other, City Lot

Possible Best Use

Development, Manufactured

School

Elementary School District

Chico ISD

Jr. High School

Chico

Elementary School

Chico

High School

Chico

Additional Information

Property Type

LL

Exclusions

Listing agent is owner. See attachments in Transaction Desk.

Property SubType

Improved Land

Documents Available

Aerial, Survey, Topographical Survey

Status

Active

Lot Acres Source

Assessor

Has a Home Owners Association

No

Similar Listings

Mortgage Calculator

$932

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$720

Monthly Tax

$166

Monthly Insurance

$46

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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