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12362 County Road 331A 3 Unit Mobile Home Park $625,000 ($208,333/Unit) Terrell, TX 75161
Investment Highlights
- The Terrell multi-family/retail investment enjoys a convenient location in close proximity to the picturesque Lake Tawakoni.
- Great accessibility to both Highway 20 and the vibrant Dallas metro area, ensuring convenient transportation options for residents and visitors alike.
- The city of Terrell is projected to experience a significant population growth, with an estimated increase of 25% between 2023 and 2028.
- Anticipating apartment rents within the Terrell market will experience a consistent upward trend, indicating a projected steady increase.
Executive Summary
BRING ALL OFFERS! DETERMINED SELLER,
HUGE SHOP with 2 BR 1 BA and Kitchen! 12362 County Road presents a tranquil living environment with the added benefit of generating rental income from tenants. This property comprises three residential houses, a guest house, and a workshop, offering diverse potential. Situated on a spacious 2.43-acre lot, the Terrell investment boasts a total area of 10,434 square feet. Constructed in 1980, these three multifamily spaces present a unique chance to invest in a location outside the bustling Dallas metro area.
HUGE SHOP with 2 BR 1 BA and Kitchen! 12362 County Road presents a tranquil living environment with the added benefit of generating rental income from tenants. This property comprises three residential houses, a guest house, and a workshop, offering diverse potential. Situated on a spacious 2.43-acre lot, the Terrell investment boasts a total area of 10,434 square feet. Constructed in 1980, these three multifamily spaces present a unique chance to invest in a location outside the bustling Dallas metro area.
Property Facts
| Price | $625,000 | Apartment Style | Single-Family Home |
| Price Per Unit | $208,333 | Building Class | C |
| Sale Type | Investment | Lot Size | 2.43 AC |
| No. Units | 3 | Building Size | 10,434 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Manufactured Housing/Mobile Home | Year Built | 1980 |
| Zoning | A2 - Commercial | ||
| Price | $625,000 |
| Price Per Unit | $208,333 |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Lot Size | 2.43 AC |
| Building Size | 10,434 SF |
| No. Stories | 1 |
| Year Built | 1980 |
| Zoning | A2 - Commercial |
Amenities
Unit Amenities
- Kitchen
- Tub/Shower
1 1
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,320 | |
| Land Assessment | $82,680 | Total Assessment | $196,033 |
Property Taxes
Parcel Numbers
Land Assessment
$82,680
Improvements Assessment
$1,320
Total Assessment
$196,033
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12362 County Road 331A
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