Investment Opportunity in Sought-After Tyler, TX - 10 Acres of Prime Land Welcome to an exceptional investment opportunity in Tyler, Texas! This expansive 10-acre property, located in the highly sought-after Chapel Hill Independent School District, boasts leveled and fertile land, presenting a promising investment prospect. Income Generation: Currently, the property hosts 7 rented mobile homes, contributing to a robust gross cash flow of approximately $6100. With substantial remaining space, there's tremendous potential for further development, enhancing both rental capacity and overall property value. The seller reports minimal expenses, maximizing your potential return on investment. The land is clear, and is ready for another 7 mobile homes to be added to it. Desirable Area: Tyler, TX, is known for its charm and community appeal, making it an attractive location for investors. Tax Rolls show only unimproved land at the moment. Seller moved in all these mobile homes in 2023. BUYER TO SATISFY SELF ON ALL.
| Price | $399,900 |
|---|---|
| Bedrooms | 2 Beds |
| Bathrooms | 1 Full Bath |
| Year Built | 1975 |
| Property Type | Mobile / Manufactured Home |
| Listing # | 23015311 |
| Status | Option Pending |
| Listing Type | For Sale |
| Square Feet | 500 |
|---|---|
| Kitchen | Other/See Remarks |
| Floors | Other/See Remarks |
| Heating and Cooling | Other/See Remarks |
| Fireplace | Other/See Remarks |
| Foundation | Other/See Remarks |
|---|---|
| Roof | Not Used |
| Lot Size | 10.05 acres |
| Pool | Other/See Remarks |
| MLS Area | Smith |
|---|---|
| Garage Spaces | 0 |
Courtesy of Maugno Mora, Keller Williams Realty-Tyler
©2024 Greater Tyler Association of REALTORS Multiple Listing Service. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the Greater Tyler Association of REALTORS Multiple Listing Service. The IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. The information being provided is 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. This information is deemed reliable, but not guaranteed.Quickly estimate your monthly mortgage. If you would like a more detailed analysis of what you can afford, please inquire below.
Estimated taxes and insurance are not included. Sales price from MLS. Mortgage calculator source: NextHome, Inc.
