TBD S Hwy 144 Unit A, Glen Rose, Texas 76043

$849,999
List Price
$849,999
MLS#
20230105
Status
ACTIVE
Type
Multifamily
Year Built
1986
Construction Status
Preowned
Acres
18.37
County
Somervell
City
Glen Rose
Subdivision
Pruitt Sub
Building Name
George's

Property Description

INVESTMENT HOLD OPPORTUNITY 18.373 Acres with 837 feet road frontage on HWY 144; Mixed Use possibilities or Residential Development; No known restrictions; Current use includes commercial gun shop, grazing, and four mobile homes; Current operating cap is 7%

Additional Information

Unexempt Taxes
$3,705
HOA
No HOA
Annual Insurance
2000
Gross Annual Expenses
10000
Gross Annual Income
63600
Acres
18.37
Lot Description
Acreage, Level
Subdivided
No
Interior Features
Other
Foundation
Other
Roof
Other
Stories
1
Street Utilities
All Weather Road, Cable Available, City Water, Electricity Connected, Septic, Well
Heating Cooling
Other
Construction Material
Concrete, Unknown, Wood, Other
Parking Garage
Additional Parking, Open, Varies by Unit, Other
Total Num Parking
20
School District
Glen Rose Isd
Elementary School
Glen Rose
High School
Glen Rose
Building Sq. Ft.
7500
Number of bldgs.
5
Number of units
5
Occupancy Rate
100
Possession
Negotiable
Cap Rate
6.69

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Deborah Danilow from Heart2Heart Realty. Contact: 817-293-6451