NOT LISTED FOR SALE

115 Private Road 7986 Unit OF Winnsboro, TX 75494

13 Beds
9 Baths
-- Sq Ft
6.78 Acres

Last Sold July 23, 2024

81 Days on Market

Highlights

  • Eat-In Kitchen
  • Accessible Doors
  • Ceramic Tile Flooring
  • Walk-In Closet
  • Accessibility Features
  • 1-Story Property

About This Home

As of July 2024

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!

Last Agent to Sell the Property

James Hicks

Quitman Realty Brokerage Phone: 903-763-4525 License #0562367 Listed on: 03/06/2024

Last Buyer's Agent

NON-MLS MEMBER

NON MLS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2009

Lot Details

  • 6.78

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Range

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 13 Bedrooms
  • Walk-In Closet
  • 9 Full Bathrooms

Parking

  • 12 Parking Spaces
  • No Garage

Accessible Home Design

  • Accessibility Features
  • Accessible Doors

Schools

  • Winnsboro Elementary School
  • Memorial Middle School
  • Winnsboro High School

Utilities

  • Central Heating and Cooling System
  • Co-Op Electric
  • Co-Op Water
  • Aerobic Septic System

Additional Features

  • 1-Story Property
  • 6.78 Acre Lot

Community Details

  • 3 Buildings
  • 7 Units
  • 6,420 Sq Ft Building
  • Tj Curi Surv A 116 Subdivision

Listing and Financial Details

  • Assessor Parcel Number R100806
  • $7,862 per year unexempt tax

Property Details

Home Type

Multi-Family

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: One
  • Accessibility Features: Accessible Doors
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Net Operation Income: 51342
  • Notice Surveillance Devices Pres: None
  • Will Subdivide: No
  • Accessibility Features Yn: Yes
  • Ratio Current Price By Building: 77.10280
  • Attribution Contact: 903-763-4525
  • Special Features: None
  • Year Built: 2009

Interior Features

  • Interior Amenities: Eat-in Kitchen, Walk-In Closet(s)
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Appliances: Electric Oven, Electric Range, Refrigerator

Beds/Baths

  • Full Bathrooms: 9
  • Total Bedrooms: 13

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Roof: Composition
  • Construction Materials: Fiber Cement

Garage/Parking

  • Cooling System: Central Air, Electric
  • Number Of Parking Spaces: 12
  • Parking Features: No Garage

Utilities

  • Heating: Central
  • Utilities: Aerobic Septic, Co-op Electric, Co-op Water

Condo/Co-op/Association

  • Complex Name: Lang Duplex
  • Association Type: None

Schools

  • School District: Winnsboro ISD
  • Elementary School: Winnsboro
  • Middle School: Memorial
  • High School: Winnsboro
  • School District: Winnsboro ISD
  • Elementary School: Winnsboro

Lot Info

  • Lot Features: Acreage
  • Lot Size Units: Acres
  • Lot Size Area: 6.7780
  • Parcel Number: R100806
  • Lot Size Acres: 6.7780
  • Lot Size Sq Ft: 295249.6800

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 2009
  • Units Total: 7

Multi Family

  • Gross Annual Expenses: 8777.78
  • Gross Annual Income: 63720.00
  • Insurance Expense: 3600
  • Unit Count: 7

Tax Info

  • Unexempt Taxes: 7862
  • Special Taxing Entities: No

MLS Schools

  • Middle School Name: Memorial
  • Elementary School Name: Winnsboro
  • High School Name: Winnsboro

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2024 07/23/24 Sold -- -- --
05/27/2024 05/27/24 Pending -- -- --
03/26/2024 03/26/24 Price Changed $525,000 -4.5% --
03/06/2024 03/06/24 For Sale $550,000 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20553823

North Texas Real Estate Information Systems (NTREIS)