Tom Bean, TX 75489,611 E Highway 11
$249,000
Est.Price: ?

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6 BD
3.5 BA
0.64 Acres Lot

611 E Highway 11 Tom Bean, TX 75489

Est. payment /mo
SOLD DATE : 10/14/2022

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Subdivision Bartlett Annibal Surv Abs #12

MLS Listing ID 20168896

Bedrooms 6

Full Baths 3

Half Baths 1

Year Built 1960

Annual Tax Amount $3,476

Lot Size 0.640 Acres

Property Description

INVESTOR SPECIAL! Great income producing TRI PLEX right outside of the rapidly growing Sherman area. NOI $21,164.00 puts this property at an 8.5% CAP rate, perfect add to any size portfolio. New refrigerators in each unit will convey, new HEAT and COOL air conditioning units installed in each unit, and new fixtures in each unit. Recent improvements include fresh paint, roof repairs, and soffit + facia repairs. Don't miss out on this great investment opportunity.

Location

State TX

County Grayson

Interior

Heating Electric

Cooling Wall/Window Unit(s)

Exterior

Utilities Available City Sewer, City Water

Roof Type Composition

Building

Story One

Foundation Slab

Structure Type Block,Concrete,Wood

Schools

School District Tom Bean Isd

Others

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Taylor Lokey • REAL T TEAM
Bought with Brandan Bednarz • New Western Acquisitions

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Lily Moore

Broker

+1(817) 715-3771

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