TBD EL CAMINO REAL, CHICO, TX 76431
Homes for sale in Chico.
Homes for sale in 76431.
List Price$200,000
TBD El Camino Real
Chico, TX 76431
Listing #20987521
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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