15602 State Highway 160, Blue Ridge, TX 75424 - MLS#21132604

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Rhonda Brown

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

$3,920,000

Est. payment - /mo

18.37 Acres Lot

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UPDATED:

Key Details

Property Type Vacant Land

Sub Type Improved Land

Listing Status Active

Purchase Type For Sale

Subdivision Abs A0887 R K Smith Survey

MLS Listing ID 21132604

HOA Y/N None

Year Built 2019

Annual Tax Amount $12,198

Lot Size 18.366 Acres

Acres 18.366

Property Sub-Type Improved Land

Property Description

Great investment opportunity in Blue Ridge, Texas with instant rental income of 11,100 monthly. Future development potential on 18.36 acres with road frontage on State Highway 160 and State Highway 121. Completely fenced and gated. There are 3 shops that were built in 2019, 2021 and 2024 with square footage of 2400, 3200 and 5000 sqft. Each shop has office space and bathrooms. Currently holding 4 tenants with 2-5 year terms. Utilities include Desert Water, Constellation Electric and Aerobic Septic's. Shopping and restaurants close by. 15 minutes east of Melissa, Anna and Interstate 75.

Location

State TX

County Collin

Zoning Agricultural, Industrial, Mixed and Office.

Direction From Interstate 75. East on State Hwy 121 to State Highway 160. North on state highway 160. Right into gated entrance.

Interior

Heating Central, Electric

Cooling Central Air, Electric

Heat Source Central, Electric

Exterior

Fence Fenced, Gate, Pipe, Wood

Utilities Available Aerobic Septic, Co-op Electric, Co-op Water

Garage No

Building

Lot Description Acreage, Few Trees

Schools

Elementary Schools Trenton

Middle Schools Trenton

High Schools Trenton

School District Trenton Isd

Others

Restrictions No Restrictions

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21132604

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

Listed by Jennifer Boyd • Sarah Boyd & Co

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Rhonda Brown

+1(214) 414-2002

Agent | License ID: 0747745

Agent License ID: 0747745

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15602 State Highway 160 Blue Ridge, TX 75424

Rhonda Brown

Key Details

Location

Interior

Exterior

Building

Schools

Others

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