NOT LISTED FOR SALE

115 Private Road 7986 Winnsboro, TX 75494

13 Beds
9 Baths
6,420 Sq Ft
6.78 Acres

Last Sold July 23, 2024

82 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Heating Available
  • 1-Story Property
  • Ceiling Fan

About This Home

As of July 2024

Wonderful Investment Property in East Texas! 100% Leased. 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 Heat & A/C 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. New roofs July 2023.

Last Agent to Sell the Property

Kaci Williams

Quitman Realty License #0679645 Listed on: 03/06/2024

Co-Listed By

James Hicks

Quitman Realty License #0562367

Last Buyer's Agent

Wendy West

Coldwell Banker Lenhart - Gilmer License #0588934

Coldwell Banker Lenhart - Gilmer

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,775

Year Built

  • Built in 2009

Lot Details

  • 6.78 Acre Lot
  • Lot Dimensions are 900x260

Parking

  • Over 1 Space Per Unit

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 6,420 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Fire and Smoke Detector
  • Electric Oven or Range

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Schools

  • Winnsboro Elementary And Middle School
  • Winnsboro High School

Utilities

  • Central Air
  • Heating Available
  • Aerobic Septic System

Listing and Financial Details

  • Tenant pays for electric, water
  • No Smoking Allowed

Community Details

Overview

  • 7 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,775

Year Built

Built in 2009

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 115 Private Road 7986
  • Second Address Number: 115
  • ForecloseBankOwnedYN: No
  • LakeCommunity: No
  • Unit Levels: 1 Story
  • PrimaryType: Duplex
  • PublicRemarksAmenities: Wonderful Investment Property in East Texas! 100% Leased. 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 Heat & A/C 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. New roofs July 2023.
  • OFFICELIST_STATE: TX
  • Under Construction: No
  • Water Company: Fouke Water Supply
  • YearOfConstruction: 2009
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2009

Interior Features

  • Fireplace: None
  • Flooring: Carpet, Laminate, Ceramic Tile
  • Interior Amenities: Ceiling Fan, Blinds, Smoke Alarm
  • Kitchen Equipment: Range/Oven-Electric, Refrigerator
  • Source of Sq Ft: WCAD

Exterior Features

  • Exterior Construction: Alum/Vinyl Siding
  • Easements: Unknown
  • Fencing: None
  • Foundation: Slab
  • Roof: Composition
  • Waterfront: No
  • Water View: No

Garage/Parking

  • Driveway: Gravel
  • PARKING24FAMILY: 1 Or More Per Unit

Utilities

  • Cooling: Central Electric
  • Heating: Central Electric
  • Sewer: AerobicSeptic Sys
  • Hot Water: Community

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Number of Units: 7

Fee Information

  • Tax Class: MULTI-FAMILY
  • Taxes: 8775.31

Schools

  • Elementary School: Winnsboro
  • Middle School: Winnsboro
  • High School: Winnsboro
  • Elementary School: Winnsboro
  • High School: Winnsboro
  • Middle School: Winnsboro

Lot Info

  • Estimated Lot Dimensions: 900x260
  • Total Acres: 6.778
  • Zoning: Single Family

Rental Info

  • Smoking Allowed: No
  • Tenant Pays: Electric, Water

Tax Info

  • Tax Year: 2023

Multi Family

  • Owners Expenses: Taxes, Insurance, Maintenance Repairs, Lawn Care

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 -- -- --
03/20/2024 03/20/24 Price Changed $525,000 -2.8% $82 / Sq Ft
03/07/2024 03/07/24 Price Changed $540,000 -1.8% $84 / Sq Ft
03/06/2024 03/06/24 For Sale $550,000 +42.9% $86 / Sq Ft
10/06/2020 10/06/20 Sold -- -- --
07/13/2020 07/13/20 For Sale $385,000 -- $60 / Sq Ft
Source: Greater Tyler Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Tyler Association of REALTORS®

MLS Number: 24003102

Greater Tyler Association of REALTORS®