11638 Sam Reynolds Road Active Save Request In-Person Tour Request Virtual Tour
Justin,TX 76247
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 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
Parking Type Other,Outside
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