1210 Fm 667, Purdon, TX 76679

$500,000
  • 1210 Fm 667, Purdon, TX 76679 Main Photo

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Active
BEDS6 BATHS6 full MLS#21404163
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLBlooming Grove ISD

Property Description

Income-producing 6-unit investment property on approximately 0.829 acres in Purdon. Property consists of five 1-bedroom 1-bath units plus one efficiency unit, with each unit renovated within the last three years. Five units feature mini-split HVAC systems, while the efficiency includes a window unit and is being offered fully furnished. Tenants are separately metered for electricity, helping keep owner-paid expenses low. Septic system has been routinely serviced and cleaned. Current gross income is approximately $64,200 annually with reported NOI of approximately $49,820. Property offers additional upside through the potential addition of an on-site laundry facility and future RV pad development; seller reports soft approval for additional RV pads, buyer to independently verify all development potential and approvals. Strong opportunity for an investor seeking existing cash flow with room for further income growth.Information contained herein is deemed reliable but not guaranteed. Buyer and Buyer’s Agent are responsible for independently verifying all information, including but not limited to measurements, square footage, schools, zoning, utilities, taxes, financials, leases, income and expenses, property condition, permitted uses, and any future development or expansion potential. Buyer to conduct all desired due diligence prior to closing.

1210 Fm 667 | MLS# 21404163

This multi-family property located at 1210 Fm 667, Purdon, TX 76679 is currently listed for sale with an asking price of $500,000. Fm 667 is located within the Blooming Grove ISD school district. Search Purdon real estate on karenschaeper.kellyrealtors.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Electric, Heat Pump, Multi Units, Wall/Window Unit(s)
Heating: Heat Pump, Space Heater
Lot Size: 0.83 Acres
Roof Type: Metal
Year Built: 1967

Amenities

Cable TV Available
Open Floorplan

Feature Descriptions

Appliances: Dishwasher, Electric Range
Days on Site: 9
Exterior: Siding
Flooring: Carpet, Vinyl
Parcel#: 48137
Parking: Aggregate, No Garage
Parking Notes: Aggregate, No Garage
Units: 6
Utilities: Aerobic Septic, Electricity Available, Individual Water Meter

Local Schools

Elementary School: Bloominggr
School District: Blooming Grove ISD

Listed By / Shown By

Listed By

Agency Name: Eartha Wang
Agency Contact: 214-695-5681
Agent Name: Victor Lazcano

agent picture

Shown By

Agent Name: Karen Schaeper
Agent Phone: (254) 723-0902
Agency Title: Kelly, Realtors

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Estimated Payment

$ 1,258.62 per month $1,112.78 Principal & Interest $0.00 Property Tax (data not provided by mls) $145.83 Homeowner's Insurance

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