11638 Sam Reynolds Road, Justin, TX 76247 - MLS#20711016

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Rhonda Brown

rhonda.brown@c21bowman.com +1(214) 414-2002

$1,999,500

Est. payment - /mo

32 Beds

21 Baths

1 Acres Lot

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Key Details

Property Type Single Family Home

Sub Type Multiple Single Units

Listing Status Active

Purchase Type For Sale

Subdivision Sunflower Meadows

MLS Listing ID 20711016

Bedrooms 32

Full Baths 21

HOA Y/N None

Total Fin. Sqft 2016

Year Built 1993

Annual Tax Amount $1,641

Lot Size 1.000 Acres

Acres 1.0

Property Sub-Type Multiple Single Units

Property Description

A portfolio of nine income-producing properties located within 15 miles of each other is centrally situated in Justin (3), Ponder (2), and Rhome (4). All homes in the portfolio are 100% occupied by long-term tenants and generate a gross annual income of $181,560. All homes sit on 1+ acre lots and have been well-maintained, making these highly desirable rental units for any investor. This turn-key portfolio is an instant cash-flow opportunity in the high-growth area of Alliance, which straddles Denton and Tarrant counties. Alliance is one of the nation's premier business parks, offering a variety of work environments, including office, industrial, flex, and retail. Cash purchase, properties are not in the same neighborhood making it difficult for financing.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Please be aware, tenants were not disturbed to obtain accurate room dimensions. PNL numbers are a 3-year average.

Location

State TX

County Denton

Direction Please rely on map or GPS for location of each one of the units.

Interior

Interior Features Other

Heating Electric

Cooling Electric

Flooring Combination

Appliance Dishwasher, Electric Range

Heat Source Electric

Exterior

Utilities Available Septic, Other

Roof Type Composition

Garage No

Building

Story One

Foundation Other

Level or Stories One

Structure Type Other

Schools

Elementary Schools Hatfield

Middle Schools Pike

High Schools Northwest

School District Northwest Isd

Others

Ownership Ponder Properties

Acceptable Financing 1031 Exchange, Cash

Listing Terms 1031 Exchange, Cash

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20711016

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Bernardo Vallarino • Keller Williams Fort Worth

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Rhonda Brown

+1(214) 414-2002

Agent | License ID: 0747745

Agent License ID: 0747745

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11638 Sam Reynolds Road Justin, TX 76247

Rhonda Brown

Key Details

Location

Interior

Exterior

Building

Schools

Others

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