1210 Fm 667, Purdon, Texas

$500,000

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6

Beds

6

Baths

1,800

Square feet

0.83

Acres

About 1210 Fm 667

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.

Features of 1210 Fm 667

MLS® # 21404163
Price $500,000
Bedrooms 6
Bathrooms 6.00
Full Baths 6
Square Footage 1,800
Acres 0.83
Year Built 1967
Type Residential Income
Sub-Type Apartment
Status Active

Community Information

Address 1210 Fm 667
Subdivision none
City Purdon
County Navarro
State Texas
Zip Code 76679

Amenities

Utilities Aerobic Septic, Electricity Available, Individual Water Meter
Parking Spaces 6
Garages Aggregate, No Garage
Is Waterfront No
Has Pool No

Interior

Interior Features Cable TV Available, Open Floorplan
Heating Heat Pump, Space Heater
Fireplace No

Exterior

Roof Metal
Construction Siding
Foundation Slab

School Information

District Blooming Grove ISD
Elementary Bloominggr
High Bloominggr

Financial Information

HOA None

Additional Information

Short Sale No
RE / Bank Owned No

Listing Details

AgentVictor Lazcano
OfficeEartha Wang
Contact Info214-695-5681

Listing Map

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