9464 Us Highway 180, Breckenridge, Texas

$320,000

Active

9464 Us Highway 180, Breckenridge, Texas

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Property Details

MLS ID: 20746264

Status: Active

Price: $320,000

Acres: 2.69±

Type: Business, Commercial

Address: 9464 Us Highway 180

City, State: Breckenridge, TX

County: Stephens County

ZIP Code: 76424

Lat/Long: 32.75539, -98.91221

Parcel Number: R17693

Year Built: 1999

Description

GREAT income potential property. Next to Hubbard Creek Lake. Not utilized to full potential. Room for expansion. 8+RV spots not leased. 3 units leased. 3 not leased for sale. 6x6 storage bldg. Demand is there to increase rents to $650month. Zoned multi family, RV market rental rate is $300month added income potential is $2400month. We have 3 units leased at $550.00. Owner pays for water trash and sewer. Currently owner pays trash $90mo, water $200month.New owner should consider passing utility expenses onto tenants to increase income $3,480.00 per yr. Property unrealized income potential of additional $25,000.00.

Only one block away from the lake.

Directions: Use GPS - do not visit property without an appointment. Do not knock on tenant doors.

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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 December 4, 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: December 4, 2024 at 12:00:00 AM UTC

Listed By: Iqbal Khanmohammed of Winhill Advisors Dfw