Property Description
This investment opportunity features a 1.698-acre revenue-generating property on US Hwy 287 (19) in Elkhart, TX. The 1,388 sq ft house, currently vacant, previously rented for $750 per month, with a new roof. Adjacent is a fully occupied 1,000 sq ft storage building with 10 units at $45 per unit per month. Potential for increased revenue through rate adjustments and space for five more buildings or RV park facilities. Prime location along US Hwy 287 enhances visibility and accessibility. Investors can capitalize on existing income, adjust rates, and strategically develop the available space for growth in Elkhart, TX.
Features
: Other
: Zoned
: Composition
: Off Street
: Other
Address Map
304 S US Highway 287 , Elkhart, Texas 75839, USA
US
TX
Anderson
Elkhart
na
75839
US Highway 287
304
0
W96° 25' 37.8''
N31° 37' 31.1''
MLS Addon
$0
No
$0
$0
: Frame, Wood
From Palestine, south on 287 or 19 toward Elkhart for about 10 miles. Property will be on right at the intersection of 287 & CR1817.
No
$0
No
No
$0
: Level, Irregular Lot
Appraiser
73964.9
No
$0
ntreis
R13667
06/06/2023 16:44:41
32
No
1
$0
level
$0
$0
: Electricity Available, Natural Gas Available, Sewer Available, City Sewer, City Water
304 US Highway 287
Elkhart Texas 75839
0 Bedrooms
0 Bathrooms
0 Sqft
$255,000
Listing ID #20348823
Basic Details
Property Title : 304 US Highway 287
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 20348823
Price : $255,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 0 Sqft
Year Built : 1950
Lot Area : 1.70 Acre
Status : Active
PropertySubType : Industrial
