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Search Land - 12750 CR 1254 Flint TX 75762

12750 CR 1254 Flint TX 75762

$6,600,000
12750 CR 1254, Flint, TX
Status: Active
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Property Type
N/A
Acreage
10.37 acres
County
Smith, TX
Format
Sale
Features
N/A
List Date
Feb 15, 2024
Documents
N/A
Description
GREAT INVESTMENT OPPORTUNITY IN THE GORGEOUS AND GROWING EAST TEXAS! Developers, seize the high-demand rental market with this 28-unit duplex development built 2021-2022! Each 3/2 unit features 1,440 sq ft, fenced backyards, granite countertops, and concrete floors for easy maintenance. Average rent of $1,650, generating a cap rate of 6.4%. Energy-efficient construction and sprinkler systems minimize costs. There's space to build 4 more buildings (dirt work already done) with the builder on stand by willing to build them. Situated in a highly desired school district - Owens/Three Lakes/Legacy. Contact us today to explore this turn-key investment opportunity in a prime location with limited rental options! (Additional details available upon request).
Listing Agent
Denice Smith
Keller Williams Realty, Tyler
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