Homeslyst  /  For Sale  /  Commercial Property  /  Texas  /  Listing 252056

Elkhart, Anderson County, TX Commercial Property, Homesites for sale Property ID: 416622601

Detailed Information

  • Type: Company

  • Price: $255,000

  • Location: Palestine, Texas

  • Address: 304 S US Highway 287, Elkhart, TX, 75839

  • Zip: 75839

  • Property size: 74056 square feet

  • Condition: Used

  • For sale by: Broker

  • Agent: Dana Staples

This investment opportunity features a 1.698-acre revenue-generating property on US Hwy 287 (19) in Elkhart, TX.

The 1,388 sq ft house, currently vacant, previously rented for $750 per month, with a new roof. Adjacent is a fully occupied 1,000 sq ft storage building with 10 units at $45 per unit per month. Potential for increased revenue through

rate adjustments and space for five more buildings or RV park facilities. Prime location along US Hwy 287 enhances visibility and accessibility. Investors can capitalize on existing income, adjust rates, and strategically develop the available space for growth in Elkhart, TX.

Copyright © 2023 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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