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.
Listed By
Agency Name: Eartha Wang
Agency Contact: 214-695-5681
Agent Name: Victor Lazcano
Shown By
Agent Name: Karen Schaeper
Agent Phone: (254) 723-0902
Agency Title: Kelly, Realtors
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 InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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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.