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811 E Grayson Street

Mexia, TX 76667
  • $750,000
  • STATUS: Active
  • ON SITE: 6 Days
  • ID#: 20245156
New On Site 6 Days Ago
UPDATED: 12 min ago
$750,000
  • 12
    BEDS
  • 0.42
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1982
County:
Area:

School Information

Elementary School:
High School:
School District:
Offered by Brian Stevens of Legacy Realty Group: 972-905-6333.

Description

CALLING ALL INVESTORS Affordable apartment complex. Turn KEY! 8 total units: 4 are 2 Bed 1Bath;4 are 1Bed 1Bath. Over $100,000 in renovations including all new siding paint and brand new windows throughout. Property is now set up to be a great income producer for years to come! The 0.4 acres also has room to add to the complex! Utilities Water and Trash are included in the monthly, Gas is charged in addition but paid by management company Electricity is tenants sole responsibility. Property would make a great addition to established real estate portfolio or perfect entry point for first time investor.

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© 2023 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Homes By Lainie Real Estate Group. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Homes By Lainie Real Estate Group are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-01-31T14:44:13.657.
www.homesbylainie.com/homes/136424151
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811 E Grayson Street Mexia, TX 76667

  • Price: $750,000
  • Status: Active
  • On Site: 6 Days
  • Updated: 12 min ago
  • ID#: 20245156
12
Beds
8
Baths
0
½ Baths
0.42
Acres
1982
Built
Neighborhood:
Division Lxiv
County:
Limestone
Area:
Mexia
Elementary School:
Mcbay
High School:
Mexia
School District:
MEXIA ISD
Property Description
CALLING ALL INVESTORS Affordable apartment complex. Turn KEY! 8 total units: 4 are 2 Bed 1Bath;4 are 1Bed 1Bath. Over $100,000 in renovations including all new siding paint and brand new windows throughout. Property is now set up to be a great income producer for years to come! The 0.4 acres also has room to add to the complex! Utilities Water and Trash are included in the monthly, Gas is charged in addition but paid by management company Electricity is tenants sole responsibility. Property would make a great addition to established real estate portfolio or perfect entry point for first time investor.
Exterior Features

Carport Spaces 0 Construction BrickConcreteFrameSiding Construction Materials Walls 10 Covered Spaces 0 Exterior Features Balcony Foundation Slab Lot Description Few Trees Parking Or Garage ConcreteOn SiteParking Lot Pool On Property No Roof Composition Waterfront YN No

Interior Features

Appliances Electric Range Cooling Central AirElectric Fireplaces 0 Flooring Vinyl Garage No Handicap YN No Heating CentralElectric Interior Features Other Kitchen Equipment 972-905-6333

Property Features

Accessory Unit YN No Building Area Source Owner Building Area Total 6044.00 Complex Name Forest Glen Construction Status Preowned Exclusions Tenant Personal Property Gross Annual Expenses 87551.00 Gross Annual Income 61266.00 HOA None Insurance Expense 0 Junior High School Name Mexia Lake Pump No List MLSProvider Arlington Board Of Realtors Listing Terms 1031 ExchangeCashConventional Municipal Utility District No Net Operation Income 0 Operating Expense Includes AccountingInsuranceLegalMaintenanceMaintenance GroundsMaintenance StructureManagerMortgage/LoansNew TaxTrashUtilitiesWater/Sewer Possession Closing/Funding Property Type Apartment Unexempt Taxes 3965 Utilities City SewerCity WaterElectricity ConnectedIndividual Gas Meter Will Subdivide No

North Texas Real Estate Information Systems MLS logo Listing information © 2023 North Texas Real Estate Information System.


© 2023 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Homes By Lainie Real Estate Group. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Homes By Lainie Real Estate Group are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-01-31T14:44:13.657.
 
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Homes By Lainie Real Estate Group
141 Chisolm Trail
Pottsboro TX, 75076
Offered by Brian Stevens of Legacy Realty Group: 972-905-6333.