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1606 E Fm 664

Red Oak, TX 75125
  • $1,500,000
  • STATUS: Active
  • ON SITE: 98 Days
  • MLS #: 20338134
UPDATED: 49 min ago
$1,500,000
  • 0
    BEDS
  • 17.76
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1962
County:
Area:

School Information

Elementary School:
High School:
School District:
Offered by Nazila Farzaneh of Legacy Team Realty: 214-680-9901.

Description

Great value for 17.76 acres of land in rapidly growing Red Oak by E FM 664.Possible potential mix use of commercial and residential.Existing 4 units consisting of 1 single family , 2 duplexes and one triplex vacant and in need of improvement for residential usage and steady residential income.most of the land is unimproved and is ready for potential income producing improvement.Take extra caution entering the residences since it has not been lived in for a while and seller has stopped renovating and decided to sell as is.The giant billboard on the front of the property is another source of income and currently has a contract in place.With some renovation to the existing homes and developing the 17.76 acres in the rear this property could be very lucrative for the eager entrepreneur.Bring your ideas and your investors before it's gone.

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© 2023 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 Russell Realty. 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 Russell Realty 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 2023-09-29T14:44:42.497.
www.russellhouses.com/homes/140832173
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1606 E Fm 664 Red Oak, TX 75125

  • Price: $1,500,000
  • Status: Active
  • On Site: 98 Days
  • Updated: 49 min ago
  • MLS #: 20338134
0
Beds
0
Baths
0
½ Baths
17.76
Acres
1962
Built
Neighborhood:
Crow Acres
County:
Ellis
Area:
Red Oak
Elementary School:
Ingram
High School:
Ferris
School District:
Ferris ISD
Property Description
Great value for 17.76 acres of land in rapidly growing Red Oak by E FM 664.Possible potential mix use of commercial and residential.Existing 4 units consisting of 1 single family , 2 duplexes and one triplex vacant and in need of improvement for residential usage and steady residential income.most of the land is unimproved and is ready for potential income producing improvement.Take extra caution entering the residences since it has not been lived in for a while and seller has stopped renovating and decided to sell as is.The giant billboard on the front of the property is another source of income and currently has a contract in place.With some renovation to the existing homes and developing the 17.76 acres in the rear this property could be very lucrative for the eager entrepreneur.Bring your ideas and your investors before it's gone.
Exterior Features

Construction SidingVinyl SidingOther Foundation Pillar/Post/PierOther Lot Description AcreageFew Trees Lot Dimensions 771404 Lot Size Source Assessor Parking Or Garage Asphalt Parking Spaces 10 Pool On Property No Roof Composition Waterfront YN No

Interior Features

Appliances Other Cooling Central AirElectric Flooring CarpetLaminateOther Handicap YN No Heating CentralElectric Interior Features Other

Property Features

Building Area Source Assessor Building Area Total 7765.00 Complex Name None Construction Status Preowned Gross Annual Expenses 0.00 Gross Annual Income 0.00 HOA None Insurance Expense 0 Intermediate School Name Ferris Junior High School Name Ferris Lake Pump No Levels One List MLSProvider Collin County Association Of Realtors Listing Terms CashContact AgentConventional Municipal Utility District Yes Net Operation Income 0 Possession Closing/Funding Property Type Multi Family Senior Community No Utilities Co-Op WaterElectricity AvailableElectricity ConnectedOutside City LimitsSeptic Will Subdivide No

North Texas Real Estate Information Systems MLS logo Listing information © 2023 North Texas Real Estate Information System.


© 2023 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 Russell Realty. 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 Russell Realty 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 2023-09-29T14:44:42.497.
 
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Russell Realty
201 W Virginia St Suite 100
McKinney TX, 75069
Offered by Nazila Farzaneh of Legacy Team Realty: 214-680-9901.