120 Garza Road

    Shady Shores, TX 76208
    • $750,000
    • STATUS: Active
    • ON SITE: 47 days
    • MLS #: 14254936
    UPDATED: 59 min ago
    $750,000
    • 11
      BEDS
    • 7.05
      ACRES
    • 10
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1978
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Offered by Taylor Robertson of Fathom Realty, Llc.

    Description

    INVESTOR SPECIAL. Great income potential. Zoned Residential. This unique property has been home to long term tenants that enjoy the peace and quiet of being tucked back in the small town of Shady Shores. Unit 2 is vacant and can be shown to prospective buyers by appointment only. Current rent rates are under market value. All existing lease agreements will revert to month-to-month May 31, 2020. Additional acreage available. See MLS 14254847 Lots & Acreage & 14254987 Residential. Majority of value is in the land. Homes and buildings to be sold AS-IS.

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    © 2020 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. 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 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 2020-02-26T07:40:27.263.
    www.dfwpowersearch.com/homes/102168584

    120 Garza Road Shady Shores, TX 76208

    • Price: $750,000
    • Status: Active
    • Updated: 59 min ago
    • MLS #: 14254936
    11
    Beds
    10
    Baths
    0
    ½ Baths
    7.05
    Acres
    1978
    Built
    Neighborhood:
    B. Eaves
    County:
    Denton
    Area:
    Denton County Southeast
    Elementary School:
    Olive Stephens
    Middle School:
    Bettye Myers
    High School:
    Ryan H S
    School District:
    Denton ISD
    Property Description
    INVESTOR SPECIAL. Great income potential. Zoned Residential. This unique property has been home to long term tenants that enjoy the peace and quiet of being tucked back in the small town of Shady Shores. Unit 2 is vacant and can be shown to prospective buyers by appointment only. Current rent rates are under market value. All existing lease agreements will revert to month-to-month May 31, 2020. Additional acreage available. See MLS 14254847 Lots & Acreage & 14254987 Residential. Majority of value is in the land. Homes and buildings to be sold AS-IS.
    Exterior Features

    Construction ConcreteOtherWood Fence Barbed Wire Foundation Slab Lot Description AcreageInterior LotLrg. Backyard GrassSome Trees Parking Or Garage Assigned GarageCoveredDetachedOther Parking/Garage Parking Spaces 14 Pool On Property No Roof Composition

    Interior Features

    Fireplace Features Wood Burning Fireplaces 8 Flooring Brick/AdobeOther Handicap YN No Heating Central Air-ElecCentral Heat-Elec Interior Features Other Kitchen Equipment Cooktop - ElectricDishwasherOven-ElectricRange/Oven-Electric Sq Ft Building 10241

    Property Features

    Building Area Source Tax Buildings 2 Common Features Laundry Complex Name None Construction Status Preowned Gross Annual Expenses 33593 Gross Annual Income 91500 HOA None Insurance Expense 3127 Municipal Utility District No Net Annual Income 54780 Possession Negotiable Property Type Mul-Apartment/5Plex+ Proposed Financing Cash Tenancy Over 9 Months Unit Count 9 Utilities AsphaltCity SewerCity Water Will Subdivide No

    Listing information © 2020 North Texas Real Estate Information System.


    © 2020 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. 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 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 2020-02-26T07:40:27.263.
     
    The Chad Smith Team
    1301 S Bowen Road Suite 125
    Arlington TX, 76013
    Offered by Taylor Robertson of Fathom Realty, Llc.