$2,200,000
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49 Beds
20 Baths
4 Acres Lot
SOLD DATE : 09/11/2023
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Subdivision Grindstone Ranch Estates
MLS Listing ID 20394435
Sold Date 09/11/23
Bedrooms 49
Full Baths 20
HOA Y/N None
Total Fin. Sqft 16204
Year Built 2019
Lot Size 4.004 Acres
Acres 4.004
Property Description
OUTSTANDING INVESTMENT PROPERTY OPPORTUNITY. Cash flow with historically high occupancy. Property consists of two buildings with five rental units in each building. Located in sought after Brock School District. Easy access to IH 20 to shopping, entertainment, restaurants, hospital. High speed internet and cable TV available to each unit. Lawn maintenance and water included in rent. Buildings have selection of either 4 BR, 3 BR, or 2BR floor plans. These are newer buildings completed in 2019 & 2020 so maintenance is minimal. Asphalt drive with cul-de-sac.
Location
State TX
County Parker
Direction IH 20 to FM 1189. South on FM 1189 to Traffic light. Right on Grindstone Rd. Property on south side of road.
Interior
Interior Features Cable TV Available, Granite Counters, High Speed Internet Available, Open Floorplan, Walk-In Closet(s)
Heating Central, Electric
Cooling Central Air, Electric
Flooring Laminate
Appliance Dishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
Heat Source Central, Electric
Exterior
Exterior Feature Private Yard
Fence Back Yard, Wood
Utilities Available Aerobic Septic, Asphalt, Cable Available, Co-op Water, Community Mailbox, Electricity Connected, Master Water Meter, Rural Water District, Underground Utilities
Roof Type Composition
Total Parking Spaces 20
Garage No
Building
Lot Description Cul-De-Sac, Landscaped, Sprinkler System
Story One
Foundation Slab
Level or Stories One
Structure Type Brick,Frame
Schools
Elementary Schools Brock
Middle Schools Brock
High Schools Brock
School District Brock Isd
Others
Ownership Of Record
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with Kelly Methvin • RAILHEAD REALTY, LLC