Skip To Content

601 County Road 3721

Athens, TX 75752
  • $1,500,000
  • STATUS: Active
  • MLS #: 20759245
UPDATED: 132 min ago
$1,500,000
  • 2
    BEDS
  • 1.03
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1982
County:
Area:

School Information

Elementary School:
High School:
School District:
Offered by Orr Hernandez of Centurion Real Estate - Texas: 817-320-1015.

Description

SELLER SAYS SELL!! Bank recently appraised for $1,645,000. Remodeled, rehabbed property being sold as-is. There are four two-story buildings with a total of 22 (2 bedroom 1 bath) units. In addition, a single family home was converted into a 2 bedroom 1 bath unit (Apt. #23), the leasing office and a washateria. A vacant lot behind the single family home is also included in the package. The property is all electric with central heat and air. Refrigerators and stoves are provided. Owner pays water and trash; tenants pay their own electric. Rents can easily be increased, and new owners can charge back for water through a RUBS program to generate additional income.Excellent long-term potential due to the property's location in a growing area and on high traffic count Hwy. 19. BRING ALL OFFERS!! Please do not disturb tenants.Buyer to verify schools.

Monthly Payment Calculator



© 2024 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 NewHomePrograms.com. 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 NewHomePrograms.com 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 2024-11-06T23:41:38.32.
www.newhomeprograms.com/homes/157062113
Print Image

601 County Road 3721 Athens, TX 75752

  • Price: $1,500,000
  • Status: Active
  • On Site: Days
  • Updated: 132 min ago
  • MLS #: 20759245
2
Beds
1
Baths
0
½ Baths
1.03
Acres
1982
Built
Neighborhood:
None
County:
Henderson
Area:
Athens
Elementary School:
Central Athens
High School:
Athens
School District:
Athens ISD
Property Description
SELLER SAYS SELL!! Bank recently appraised for $1,645,000. Remodeled, rehabbed property being sold as-is. There are four two-story buildings with a total of 22 (2 bedroom 1 bath) units. In addition, a single family home was converted into a 2 bedroom 1 bath unit (Apt. #23), the leasing office and a washateria. A vacant lot behind the single family home is also included in the package. The property is all electric with central heat and air. Refrigerators and stoves are provided. Owner pays water and trash; tenants pay their own electric. Rents can easily be increased, and new owners can charge back for water through a RUBS program to generate additional income.Excellent long-term potential due to the property's location in a growing area and on high traffic count Hwy. 19. BRING ALL OFFERS!! Please do not disturb tenants.Buyer to verify schools.
Exterior Features

Construction BrickSiding Exterior Features Rain Gutters Foundation Slab Lot Description Corner LotFew TreesLrg. Backyard Grass Lot Size Source Assessor Parking Or Garage CommonOn SiteOpenUnassigned Parking Spaces 50 Pool On Property No Roof Composition

Interior Features

Appliances DishwasherElectric OvenElectric RangeRefrigerator Attached Garage No Basement No Cooling Ceiling Fan(s)Central AirElectric Flooring CarpetLuxury Vinyl PlankVinyl Garage No Handicap YN No Heating CentralElectric Interior Features Multiple Staircases

Property Features

Alarm Or Security Type Security LightsSmoke Detector(s) Building Area Source Assessor Building Area Total 19696.00 Complex Name Athens North Loop Apts Construction Status Preowned Exclusions Personal tools and equipment. Gross Annual Expenses 30000.00 Gross Annual Income 183600.00 HOA None Horse Permitted No Insurance Expense 11000 Levels Two List MLSProvider Metrotex Association Of Realtors Municipal Utility District No Net Operation Income 159000 Possession Closing/Funding Property Type Apartment Tenancy Over 9 MonthsWritten Application Only Utilities All Weather RoadMaster Water MeterOutside City LimitsOverhead UtilitiesSeptic Will Subdivide No

North Texas Real Estate Information Systems MLS logo Listing information © 2024 North Texas Real Estate Information System.


© 2024 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 NewHomePrograms.com. 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 NewHomePrograms.com 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 2024-11-06T23:41:38.32.
 
https://bt-photos.global.ssl.fastly.net/ntreis/orig_boomver_1_20759245-2.jpg https://bt-photos.global.ssl.fastly.net/ntreis/orig_boomver_1_20759245-2.jpg https://bt-photos.global.ssl.fastly.net/ntreis/orig_boomver_1_20759245-2.jpg
Logo
NewHomePrograms.com
24624 Interstate 45N, Suite 120
Spring TX, 77386
Offered by Orr Hernandez of Centurion Real Estate - Texas: 817-320-1015.