1210 FM 667, Purdon, TX 76679
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1210 FM 667, Purdon, TX 76679
1210 FM 667, Purdon, TX 76679
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$ 500,000
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1210 FM 667 Purdon, TX 76679

6 Beds

6 Baths

1,800 SqFt


UPDATED:

Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 1,800 sqft

Price per Sqft $277

MLS Listing ID 21404163

Bedrooms 6

Full Baths 6

Construction Status Resale

HOA Y/N No

Year Built 1967

Lot Size 0.829 Acres

Acres 0.829

Property Sub-Type Apartment

Property Description

Income-producing 6-unit investment property on approximately 0.829 acres in Purdon. Property consists of five 1-bedroom 1-bath units plus one efficiency unit, with each unit renovated within the last three years. Five units feature mini-split HVAC systems, while the efficiency includes a window unit and is being offered fully furnished. Tenants are separately metered for electricity, helping keep owner-paid expenses low. Septic system has been routinely serviced and cleaned. Current gross income is approximately $64,200 annually with reported NOI of approximately $49,820. Property offers additional upside through the potential addition of an on-site laundry facility and future RV pad development; seller reports soft approval for additional RV pads, buyer to independently verify all development potential and approvals. Strong opportunity for an investor seeking existing cash flow with room for further income growth.

Information contained herein is deemed reliable but not guaranteed. Buyer and Buyer's Agent are responsible for independently verifying all information, including but not limited to measurements, square footage, schools, zoning, utilities, taxes, financials, leases, income and expenses, property condition, permitted uses, and any future development or expansion potential. Buyer to conduct all desired due diligence prior to closing.

Location

State TX

County Navarro

Direction Coordinates are : 31.963053866086312, -96.68711322671683 Type 1210 FM667, Purdon, TX 76679 Exactly like that into google maps, there must be no space between FM667

Interior

Interior Features Open Floorplan, Cable TV

Heating Heat Pump, Space Heater

Cooling Electric, Heat Pump, Multi Units, Wall/Window Unit(s)

Flooring Carpet, Vinyl

Fireplace No

Appliance Dishwasher, Electric Range

Exterior

Parking Features Aggregate, No Garage

Pool None

Utilities Available Electricity Available, Septic Available, Separate Meters, Water Available, Cable Available

Roof Type Metal

Total Parking Spaces 6

Garage No

Private Pool No

Building

Foundation Slab

Sewer Aerobic Septic

Level or Stories One

Construction Status Resale

Schools

Elementary Schools Bloominggr

Middle Schools Bloominggr

High Schools Bloominggr

School District Blooming Grove Isd

Others

Tax ID 48137

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21404163


Nearby Locations

GET MORE INFORMATION

Name

Name

Phone*

Phone

Message

Message
Kaylan Baucom

+1(817) 908-2905

kaylan.baucom@exprealty.com

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1210 FM 667