ActiveCommercial · sale

1500 State Highway 72 None W

Yorktown, TX 78164

$975,000

  • 10 sq ft
  • 13.3 acres
  • Built 2020

Listed by All Hands Real Estate · MLS #ACT6879717

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1500 State Highway 72 None W, Yorktown, TX 78164 · MLS #ACT6879717

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A FEW THINGS TO NOTICE

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Year built

Built in 2020.

Property size

13.3 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

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This is an actively cash-flowing residential campus at 1500 State Highway 72 W in Yorktown, TX, currently generating $16,500 per month under a 5-year lease offering an investor immediate, stabilized income at the time of acquisition. The property features 10 residential homes (valued at approximately $60k each) across +/- 13.3 acres spanning two tracts: eight 4-bedroom/4-bath homes, one 3-bedroom/2-bath, and one 2-bedroom/2-bath, all currently leased. Known operating expenses include internet service, trash removal, landscaping on an as-needed basis, a $105 annual water well permit, and $500 per year in sewer maintenance, with monthly electricity ranging from approximately $2,300 to $3,600. Annual property taxes are estimated at $1,700, an exceptionally low tax burden relative to the income the property generates. Electrical, sewer, and water are all on site, and there is additional room on the property that may present future development or expansion potential. This is one of the most compelling income-producing assets in the portfolio, combining a long-term lease, a diverse housing mix, and low operating overhead in a single acquisition. Current tenants have been in place for 3 years.

THE NEIGHBORHOOD

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1500 State Highway 72 None W, Yorktown, TX 78164

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THE DETAILS

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Property type
Commercial Sale
Category
Commercial
Year built
2020
Cooling
See Remarks
Heating
See Remarks
Flooring
See Remarks
Accessibility
None
Subdivision
Thomas H Bell Leaque & Labor A
Parcel
0047843
Annual property tax
$1,800.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

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Listing information

MLS #ACT6879717 · Austin Board of Realtors

Listing brokerage: All Hands Real Estate
Listing agent: Chris Kappmeyer

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.