304 S US Highway 287, Elkhart, TX 75839
FOR SALE1.7 ACRES

304 S US Highway 287
Elkhart, TX 75839

  • 3 Beds
  • 1 Bath
  • 1,388 sqft (on 1.70 acres)
  • 3 Beds
  • 1 Bath
  • 1,388 sqft (on 1.70 acres)

$255,000

Est. Mortgage $1,647/mo*
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Local Information

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Description

Prime investment opportunity! A 1.698-acre property strategically located along the bustling US Hwy 287 (19) in Elkhart, TX, is up for grabs. The vacant 1,388 sq ft house, featuring a new roof less than two years old. Interior needs work. On the property is a fully occupied storage building spanning 1,000 sq ft, comprising 10 units, each sized at 10'x10' and currently renting for $45/month per unit. With all units spoken for, there is immediate room for increased rental rates, maximizing profitability. The property's versatility shines through, offering expansion possibilities. Currently housing 10 storage units, there is ample space to erect an additional five buildings of the same size, effectively increasing storage capacity.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$184
Listed
180+ days ago

Home Details for 304 S US Highway 287

Interior Features

Interior Details
Number of Rooms: 3Types of Rooms: Bedroom, Bathroom, Dining Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 1388 Square Feet
Appliances & Utilities
Appliances: None
Heating & Cooling
Heating: Central/GasHas CoolingAir Conditioning: Window Unit(s)Has HeatingHeating Fuel: Central Gas
Fireplace & Spa
Fireplace: NoneNo Fireplace
Levels, Entrance, & Accessibility
Stories: 1Levels: One

Exterior Features

Exterior Home Features
Roof: CompositionFencing: Chain LinkOther Structures: StorageExterior: Other/See RemarksFoundation: Other/See Remarks
Parking & Garage
No Garage
Pool
Pool: None

Days on Market

Days on Market: 180+

Property Information

Year Built
Year Built: 1972
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: Wood FrameNot Attached Property

Price & Status

Price
List Price: $255,000Price Per Sqft: $184

Active Status

MLS Status: Active

Location

Direction & Address
City: ElkhartCommunity: None
School Information
Elementary School: ElkhartJr High / Middle School: ElkhartHigh School: Elkhart

Agent Information

Listing Agent
Listing ID: 23012278

Building

Building Area
Building Area: 1388 Square Feet

Lot Information

Lot Area: 1.698 Acres

Listing Info

Special Conditions: None

Offer

Listing Terms: Conventional, FHA, VA Loan, Cash

Compensation

Buyer Agency Commission: 3Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

Mls Number: 23012278
Last check for updates: about 16 hours ago
Listing courtesy of Steve Demuth, (903) 876-5253
Staples Commercial Group, LLC
Source: GTARMLS, MLS#23012278

Price History for 304 S US Highway 287

DatePriceEventSource
07/31/2023$255,000Listed For SaleN/A

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Property Taxes and Assessment

Year2022
Tax$1,142
Assessment$56,146
Home facts updated by county records

Comparable Sales for 304 S US Highway 287

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
101 Ridgedale St, Elkhart, TX
0.27
Single-Family Home
-
06/02/23
3
2
2,041
2143 E State Highway 294, Elkhart, TX
3.16
Single-Family Home
-
11/27/23
3
3
1,864

LGBTQ Local Legal Protections

Steve Demuth, Staples Commercial Group, LLC
IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
304 S US Highway 287, Elkhart, TX 75839 is a 3 bedroom, 1 bathroom, 1,388 sqft single-family home built in 1972. This property is currently available for sale and was listed by GTARMLS on Sep 8, 2023. The MLS # for this home is MLS# 23012278.