Address
115 Private Road 7986 # OF, Winnsboro, TX
Price
$ 525,000
Property Attributes
  • MLS#20553823
  • TypeMulti-Family
  • CountyWOOD
  • CityWinnsboro
  • NeighborhoodTj Curi Surv A-116
  • Zip75494
  • StyleDuplex
  • Year Built2009
  • Taxes$ 7862
  • Price$ 525,000
  • Bedrooms13
  • Full Bathrooms9
  • Half Bathrooms0
  • Lot Size6.778 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

MOTIVATED SELLER: Wonderful Investment Property in East Texas! Property includes 6.7 total acres with plenty of room to expand the number of rental units or choose to build a primary residence on the property along with expanding your rental units all on the same property. Property is centrally located between Winnsboro, Quitman, and Gilmer. Property includes 1 Triplex and 2 Duplexes. Triplex has 3, 1 Bedroom, 1 Bathroom units. One Duplex has 2, 2 Bedroom, 1 Bathroom units. Second Duplex has 2, 3 Bedroom, 2 Bathroom units. Units are all electric with central VHAC and aerobic septic. Units have individual meters for electricity and water. Great road frontage on both FM 312 and CR 3986. Location is a beautiful country setting with multiple options to expand and utilize the additional acreage for an RV park or mini-storage. 100% LEASED!

Elementary School
Winnsboro Elementary School
Price History
3/6/2024 Listed $550,000
3/26/2024 5% - $525,000

General Features

Heating Central
Complex Name Lang Duplex
Cooling Central Air,Electric
Utilities Aerobic Septic,Co-op Electric,Co-op Water
Possession Closing/Funding
Roof Composition
Appliances Electric Oven,Electric Range,Refrigerator
School District Winnsboro ISD
Capitalization Rate 9.78
Year Built 2009
Levels One
Unexempt Taxes 7862
Will Subdivide No
Gross Annual Expenses 8777.78
Unit Number OF
Property SubType Duplex
Subdivision Name Tj Curi Surv A-116
Accessibility Features Accessible Doors
Insurance Expense 3600
Occupant Type Tenant
County Wood
Operating Expense Includes Maintenance,Maintenance Grounds,Maintenance Structure,Manager
Property Type Residential Income
Construction Materials Fiber Cement
Year Built Details Preowned
HOA Type None
# of Buildings 3
Status Active
Directions From Quitman at the Wood County Courthouse in Quitman,take Hwy 154 East for approx 12 miles. Turn left onto FM312. Continue for approx 2 miles. Turn left onto County Road 3986. In 350 feet,turn left
City Winnsboro
Buyer Agent Compensation 3%
Elementary School Name Winnsboro
High School Winnsboro
Street Name Private Road 7986
Elementary School Winnsboro
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/20553823
Standard Status Active
Buyer Agent Compensation Type %

Interior Features

Interior Features Eat-in Kitchen,Walk-In Closet(s)
Flooring Carpet,Ceramic Tile,Laminate
Total Units 7
Unit Count 7
Full Baths 9
Lock Box Type Call Listing Office
Total Bedrooms 13

Exterior Features

Lot Features Acreage
Parking Features No Garage
Foundation Slab
Lot Size Area 6.7780
Number Of Parking Spaces 12
Lot Size Units Acres
Building Area Total 6420.00
Lot Size Square Feet 295249.6800
Lot Size Acres 6.7780

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 75494

Price
AVG $530K
$530K
Taxes
AVG $7,862
$7,862
Visits
AVG 94
94
Data Provided by Inside Real Estate®
Year Built
AVG 2009
2009

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