$265,000
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0.52 Acres Lot
SOLD DATE : 07/31/2023
Key Details
Property Type Commercial
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
Subdivision Neal Lexa Add
MLS Listing ID 20294925
Sold Date 07/31/23
Total Fin. Sqft 2894
Year Built 1959
Annual Tax Amount $2,839
Lot Size 0.517 Acres
Acres 0.517
Property Description
This is a great investment opportunity in walking distance to Texas A&M University Commerce! It's all about Location! Location! Location! Next to the University Field House, an apartment complex, a restaurant and in walking distance to EVERYTHING. The home currently sits on a half acre and can easily be subdivided. The entire .51 acre is zoned for general business and could easily be switched to apartments. Plenty of room to build a business behind it or tear down the house and build several businesses or apartments. The home has 4 bedrooms, 2 baths and an efficiency apartment with a bathroom in the back. 2 car carport in the rear. Home needs updating but was bringing in $1800 per month rental income as is.
Location
State TX
County Hunt
Zoning Gen Bus
Direction From Live Oak go south on Campbell. On the right. Sign in Yard.
Interior
Heating Central, Natural Gas
Cooling Central Air, Electric, Window Unit(s)
Flooring Carpet, Laminate
Heat Source Central, Natural Gas
Exterior
Utilities Available City Sewer, City Water, Individual Gas Meter, Individual Water Meter
Roof Type Composition
Parking Type Covered, Garage Faces Rear
Garage No
Building
Foundation Slab
Structure Type Brick
Others
Ownership JOL LLC
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Financing Cash
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Bought with Dana Chun • DC Commercial Group, LLC
13276 Research Blvd, Suite # 107, Austin, Texas, 78750, United States