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8809 County Road 2586

Royse City, TX 75189
  • $595,000
  • STATUS: Active
  • ON SITE: 63 Days
  • MLS #: 20390573
UPDATED: 31 min ago
$595,000
  • 10
    BEDS
  • 2.24
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1999
County:
Area:

School Information

Elementary School:
High School:
School District:
Offered by Mica Pryor of M&D Real Estate: 972-772-6025.

Description

M&D Commercial is pleased to present this remodeled Four-Plex sitting on 2.245 acres on the outskirts of Royse City. Four apartment units, two 2-1 & two 3-1 units, ranging from approximately 1,000-1,300 SF. The parking lot was surfaced, and 3 units were fully renovated in 2022. The renovations on the fourth unit were completed August 2023. Great current cash flow opportunity and one of the vacant units could be a primary residence for the buyer and eligible for residential financing! This Four-plex is unlike any other in the area, being one of the few multi-family options for residents in the growing Royse City & Union Valley areas. With no major competitors, this creates high demand in this growing area. Located within close proximity to several major retailers & entertainment venues, conveniently located between Rockwall, Greenville, Royse City & Terrell with easy commute to Dallas. Quality building with homey, country living feel. DO NOT DISTURB TENANTS! DO NO ENTER PROPERTY.

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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 2023-09-27T14:45:09.153.
www.russellhouses.com/homes/141819001
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8809 County Road 2586 Royse City, TX 75189

  • Price: $595,000
  • Status: Active
  • On Site: 63 Days
  • Updated: 31 min ago
  • MLS #: 20390573
10
Beds
4
Baths
0
½ Baths
2.24
Acres
1999
Built
Neighborhood:
Samuel Mcfadgin Sur A-651
County:
Hunt
Area:
Royse City
Elementary School:
Cannon
High School:
Ford
School District:
QUINLAN ISD
Property Description
M&D Commercial is pleased to present this remodeled Four-Plex sitting on 2.245 acres on the outskirts of Royse City. Four apartment units, two 2-1 & two 3-1 units, ranging from approximately 1,000-1,300 SF. The parking lot was surfaced, and 3 units were fully renovated in 2022. The renovations on the fourth unit were completed August 2023. Great current cash flow opportunity and one of the vacant units could be a primary residence for the buyer and eligible for residential financing! This Four-plex is unlike any other in the area, being one of the few multi-family options for residents in the growing Royse City & Union Valley areas. With no major competitors, this creates high demand in this growing area. Located within close proximity to several major retailers & entertainment venues, conveniently located between Rockwall, Greenville, Royse City & Terrell with easy commute to Dallas. Quality building with homey, country living feel. DO NOT DISTURB TENANTS! DO NO ENTER PROPERTY.
Exterior Features

Construction Metal SidingUnknownOther Exterior Features Covered Patio/Porch Fencing Other Foundation Slab Lot Description AcreageClearedLevel Lot Size Source Owner Parking Or Garage AsphaltOn SiteParking Lot Parking Spaces 10 Pool On Property No Roof Metal Waterfront YN No

Interior Features

Appliances DishwasherElectric CooktopElectric OvenRefrigerator Attached Garage No Cooling Electric Flooring Ceramic TileLaminate Garage No Handicap YN No Heating Electric Interior Features Open Floorplan

Property Features

Accessory Unit YN No Building Area Source Plans Building Area Total 4600.00 Complex Name 8809 Cr 2586Royse City Construction Status Preowned Gross Annual Expenses 22534.00 Gross Annual Income 66600.00 HOA None Insurance Expense 0 Intermediate School Name Butler Levels Two List MLSProvider Metrotex Association Of Realtors Listing Terms CashConventional Municipal Utility District No Net Operation Income 44066 Operating Expense Includes InsuranceLicensesMaintenanceMaintenance GroundsMaintenance StructurePest ControlTrash Possession Closing/Funding Property Type Quadruplex Senior Community No Utilities All Weather RoadCo-Op ElectricCo-Op WaterElectricity ConnectedIndividual Water MeterOutside City LimitsSepticNo City Services 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 2023-09-27T14:45:09.153.
 
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Russell Realty
201 W Virginia St Suite 100
McKinney TX, 75069
Offered by Mica Pryor of M&D Real Estate: 972-772-6025.