138 Vz County Road 4714, Ben Wheeler, TX 75754

$429,900

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List Price
$429,900
MLS#
21253234
Status
ACTIVE
Type
Multifamily
Subtype
ResidentialIncome
Year Built
2006
Acres
2.87
County
Van Zandt
City
Ben Wheeler
Subdivision
AH Wyley
Building Name
Marquess Ranch

Property Description

TURNKEY INVESTMENT with room to grow on 2.87 acres!! If you’ve been looking for a low maintenance, income producing property that actually makes sense long term, this is it. This property features three fully leased units, one duplex and one standalone home, with space to expand and increase your return over time. What really sets this one apart is how easy it is to own. Built with durability in mind, these units were designed to keep maintenance low and cash flow steady. Metal roofing, stained concrete and tile floors, pipe fencing, covered parking with steel posts, and a 600 ft deep private water well pulling from the Wilcox Carrizo Aquifer, meaning no water bill. Each unit offers: 2 bedrooms, 1 bathroom, Private fenced front and back yards, Storage buildings, Covered parking on concrete slabs and Central heat and air. The setting is peaceful and private, surrounded by pine trees and open pasture, but still conveniently located just minutes from Ben Wheeler, 10 to 15 minutes to Canton, and 15 to 20 minutes to Tyler. All units are currently leased to long term, reliable tenants, making this a true turnkey investment from day one. Whether you’re looking to expand your portfolio or secure a property with built in income and future upside, this is the kind of property that’s easy to own and makes sense on paper.

Additional Information

Unexempt Taxes
$4,909
Lot Size
125,017
Lot Description
Cleared, Few Trees
Interior Features
Eat-In Kitchen, High Speed Internet, Open Floor Plan, Walk-In Closet(s)
Flooring
Concrete
Foundation
Slab
Roof
Metal
Stories
1
Pool Features
None
Exterior
Private Entrance, Private Yard, Rain Gutters, Storage
Carport Spaces
3
Parking Garage
Additional Parking, Carport, Driveway, Unassigned
School District
Van Isd
Elementary School
Rhodes
Middle School
Van
High School
Van
Possession
CloseOfEscrow

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Calculator source: Real Geeks

Listing courtesy of Sandra Wells from eXp Realty LLC. Contact: 817-851-3394