Gun Barrel City, TX 75156,240 S Gun Barrel Lane

$234,000

Est. payment /mo
Est.Price: ?

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240 S Gun Barrel Lane Gun Barrel City, TX 75156

0.57 Acres Lot

SOLD DATE : 10/14/2022

Key Details

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

Subdivision Tamarack Venture

MLS Listing ID 20122216

Sold Date 10/14/22

Total Fin. Sqft 2800

Year Built 1984

Annual Tax Amount $1,992

Lot Size 0.568 Acres

Acres 0.568

Property Description

Rare opportunity to own an investment property near Cedar Creek Lake. Large fenced in yard area could be used for boat, RV, trailer parking, or built out to add more interior space. Ample parking for potential retail use, the possibilities are endless. Building is currently split into 3 units, each on their own meter, but could be built to suit or retrofitted to meet a number of needs. Owner recently occupied the majority of the building (approx 1100 sq ft), and had the other 2 units leased at $550 a month. One tenant is still in place, while the other unit recently came available. If not owner occupied, potential rental income is over $2,000.00 for the interior space alone, not taking into account the massive yard space. Call today for more info!

Location

State TX

County Henderson

Zoning Commercial

Direction refer to GPS

Interior

Heating Electric

Cooling Central Air

Flooring Carpet, Concrete, Luxury Vinyl Plank

Heat Source Electric

Exterior

Utilities Available City Sewer, City Water

Roof Type Composition

Garage No

Building

Lot Description Cleared

Foundation Slab

Structure Type Brick,Concrete,Wood

Others

Ownership of record

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Financing Conventional

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Taylor Lokey • REAL T TEAM
Bought with Connie Meadors • KW-Cedar Creek Lake Properties

Brian Haile

Broker Associate | License ID: 0648651

+1(254) 485-1827

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