About 20333 Fm 2493
6 SEPERATE UNITS. Situated on 1.5 acres, this property has so much to offer. The SFD is 1212sqft and currently a 2-1 with formal dining. This home could easily be converted into a 3-2 for maximized profit. SFD is being upgraded and updated. Duplex- 3-2, 1275sqft with covered parking for tenants. Triplex- 2-2, 1,036sqft and built in 2022. Beautiful floorplan, granite, farmhouse sink, covered front and back patio, aerobic sprinkler in back and front yard. ALL units have upgraded appliances including washer & dryer, individual privacy fence in backyard, and brand-new septic tanks with lines. Concrete parking slab with 2 spots per unit. 1,000 sqft metal storage building with 2 commercial grade doors, can be utilized for storage, office space, or another rental! Leg work is already done as it is plumbed for a bathroom! Lots of common space area for tenants to enjoy. Current rents are being adjusted and this property is 100% occupied at all times.
Features of 20333 Fm 2493
| MLS® # | 20413253 |
|---|---|
| Price | $1,350,000 |
| Units | 6 |
| Bedrooms | 14 |
| Full Baths | 11 |
| Building Area Total | 6,754 |
| Acres | 1.46 |
| Year Built | 2022 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 20333 Fm 2493 |
|---|---|
| Subdivision | FLINT HEIGHTS |
| City | Bullard |
| County | Smith |
| State | TX |
| Zip Code | 75757 |
Amenities
| Utilities | City Water, Aerobic Septic, Cable Available, Natural Gas Available, Outside City Limits, Septic |
|---|---|
| Parking Spaces | 12 |
| Garages | Concrete, Driveway, Additional Parking, Carport, Common, Detached Carport, Gravel, Other, Parking Pad, Paved, Varies by Unit |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Decorative Lighting, Eat-in Kitchen, Granite Counters, High Speed Internet Available, Pantry, Walk-In Closet(s), Cable TV Available, Wired for Data |
|---|---|
| Heating | Central, Electric, Natural Gas |
| Fireplace | No |
Exterior
| Exterior Features | Covered Porch(es), Courtyard, Rain Gutters, Uncovered Courtyard |
|---|---|
| Lot Description | Landscaped, Cleared, Few Trees, Level |
| Roof | Composition |
| Construction | Brick |
| Foundation | Slab |
School Information
| District | Bullard ISD |
|---|---|
| Elementary | Bullard |
| Middle | Bullard |
| High | Bullard |
Additional Information
| Net Operation Income | $115,740 |
|---|---|
| Gross Annual Income | $123,180 |
| Gross Annual Expenses | $7,440 |
| Insurance Expense | $3,257 |
| CapitalizationRate | 8.57 |
Unit 1 Details
| Type | 2 Bedroom |
|---|---|
| Full Baths | 1 |
| Rent | $1,495 |
| SqFt | 1,212 |
Unit 2 Details
| Type | 2 Bedroom |
|---|---|
| Full Baths | 2 |
| Rent | $1,275 |
| SqFt | 1,036 |
Unit 3 Details
| Type | 3 Bedroom |
|---|---|
| Full Baths | 2 |
| Rent | $1,595 |
| SqFt | 1,275 |
Listing Details
| Agent | Lacy Turner |
|---|---|
| Office | Platinum Realty Group Tyler |