Skip To Content

11638 Sam Reynolds Road

Justin, TX 76247
  • $1,999,500
  • STATUS: Active
  • ON SITE: 77 Days
  • MLS #: 20711016
UPDATED: 10 min ago
$1,999,500
  • 32
    BEDS
  • 1
    ACRES
  • 21
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1993
County:
Area:

School Information

Elementary School:
High School:
School District:
Offered by Bernardo Vallarino of Keller Williams Fort Worth: 817-920-7700.

Description

A portfolio of nine income-producing properties located within 15 miles of each other is centrally situated in Justin (3), Ponder (2), and Rhome (4). All homes in the portfolio are 100% occupied by long-term tenants and generate a gross annual income of $181,560. All homes sit on 1+ acre lots and have been well-maintained, making these highly desirable rental units for any investor. This turn-key portfolio is an instant cash-flow opportunity in the high-growth area of Alliance, which straddles Denton and Tarrant counties. Alliance is one of the nation's premier business parks, offering a variety of work environments, including office, industrial, flex, and retail. Cash purchase, properties are not in the same neighborhood making it difficult for financing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Please be aware, tenants were not disturbed to obtain accurate room dimensions. PNL numbers are a 3-year average.

Monthly Payment Calculator



© 2024 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 The Chad Smith Team | EXP Realty. 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 The Chad Smith Team | EXP Realty 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 2024-11-09T11:42:53.67.
www.dfwpowersearch.com/homes/153996736
Print Image

11638 Sam Reynolds Road Justin, TX 76247

  • Price: $1,999,500
  • Status: Active
  • On Site: 77 Days
  • Updated: 10 min ago
  • MLS #: 20711016
32
Beds
21
Baths
0
½ Baths
1
Acres
1993
Built
Neighborhood:
Sunflower Meadows
County:
Denton
Area:
Justin
Elementary School:
Hatfield
High School:
Northwest
School District:
NORTHWEST ISD
Property Description
A portfolio of nine income-producing properties located within 15 miles of each other is centrally situated in Justin (3), Ponder (2), and Rhome (4). All homes in the portfolio are 100% occupied by long-term tenants and generate a gross annual income of $181,560. All homes sit on 1+ acre lots and have been well-maintained, making these highly desirable rental units for any investor. This turn-key portfolio is an instant cash-flow opportunity in the high-growth area of Alliance, which straddles Denton and Tarrant counties. Alliance is one of the nation's premier business parks, offering a variety of work environments, including office, industrial, flex, and retail. Cash purchase, properties are not in the same neighborhood making it difficult for financing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Please be aware, tenants were not disturbed to obtain accurate room dimensions. PNL numbers are a 3-year average.
Exterior Features

Construction Other Foundation Other Parking Or Garage OtherOutside Parking Spaces 0 Pool On Property No Roof Composition

Interior Features

Appliances DishwasherElectric Range Cooling Electric Flooring Combination Handicap YN No Heating Electric Interior Features Other

Property Features

Accessory Unit YN No Building Area Source Public Records Building Area Total 2016.00 Complex Name NA Construction Status Preowned Gross Annual Expenses 40621.00 Gross Annual Income 181560.00 HOA None Insurance Expense 5717 Levels One List MLSProvider Metrotex Association Of Realtors Listing Terms 1031 ExchangeCash Municipal Utility District No Net Operation Income 140938 Possession Closing/Funding Property Type Multiple Single Units Senior Community No Unexempt Taxes 1641 Utilities SepticOther Will Subdivide No

North Texas Real Estate Information Systems MLS logo Listing information © 2024 North Texas Real Estate Information System.


© 2024 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 The Chad Smith Team | EXP Realty. 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 The Chad Smith Team | EXP Realty 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 2024-11-09T11:42:53.67.
 
https://bt-photos.global.ssl.fastly.net/ntreis/orig_boomver_1_20711016-2.jpg https://bt-photos.global.ssl.fastly.net/ntreis/orig_boomver_1_20711016-2.jpg https://bt-photos.global.ssl.fastly.net/ntreis/orig_boomver_1_20711016-2.jpg
Logo
The Chad Smith Team | EXP Realty
2384 N. Hwy. 287, Suite 220
Mansfield TX, 76063
Offered by Bernardo Vallarino of Keller Williams Fort Worth: 817-920-7700.