$1,800,000 - 29± Acres
Cumby, Texas 75433
Description
Discover this great investment opportunity with a fully remodeled 6-unit complex on 30 acres with Interstate 30 frontage, just an hour northeast of Dallas. This property offers expansion potential for additional residential units, industrial, or retail spaces. Each unit, remodeled less than a year ago, is fully occupied and comes with warranties on the work. Additionally, there's a 3000 square foot large shop with its own entrance off a State Highway, perfect for business operations or leasing. The complex also has a laundry room with paid machines for additional Cash income. This investment opportunity combines modern living spaces with vast land for growth, making it a unique and lucrative venture in a rapidly developing area. Apartments generate approx $5600mo and shop building brings in $1400mo, If you wanted to purchase for future, The acreage could be leased for additional income.
Key Features
- Price $1,800,000
- Property Type Commercial Sale
- Acres 29±
- Utilities Cable Available,Electricity Available,Overhead Utilities,Sewer Available
- City Cumby
- Status Active
Improvements
- Foundation: Slab
- Heating: Central
- Permit internet: 1
- Roof: Shingle
Other
- City: Cumby
- County: Hopkins
- State: Texas
- Zipcode: 75433
- Year Built: 1997
- Floors: Luxury Vinyl Plank
- Subdivision: Jonas Hailey Surv Abs #464
Property Map
Directions: Property is located on the E HWY 30 Service Road between FM 275 and FM 275 S
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