3838 Highway 287, Waxahachie, Texas

$1,695,000

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Property Details

MLS ID: 20225120

Status: Active

Price: $1,695,000

Acres: 2±

Type: Business, Commercial

Address: 3838 Highway 287

City, State: Waxahachie, TX

County: Ellis County

ZIP Code: 75165

Lat/Long: 32.33312, -96.76342

Parcel Number: 219707

Year Built: 2000

Description

Great investment property for sale, with a net operating income of roughly 122k, taxes being approximately 12K and Insurance being 4,200k. Cap Rate is 7.225%

Currently used by a mobile auto repair service. Contract expires in October 2026.

Directions: From Waxahachie take highway 287 south to Ennis. Property will be on the Right.

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Robert Bong

Capitol Ranch Real Estate, LLC

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Robert Bong

Capitol Ranch Real Estate, LLC

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All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information current as of November 22, 2024 at 12:00:00 AM UTC.

You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. This data was last updated on: November 22, 2024 at 12:00:00 AM UTC

Listed By: Oscar Reyes of Hi View Real Estate