210 W Bear Creek Rd, Glenn Heights, TX 75154

$550,000
3
BD
2
BA
2,126
SqFt

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List Price
$550,000
MLS#
21265310
Status
ACTIVE
Type
Single Family Residential
Subtype
Residential
Style
Detached
Year Built
1962
Bedrooms
3
Bathrooms
2
Acres
2.73
Living Area
2,126
County
Dallas
City
Glenn Heights
Subdivision
NA

Property Description

INVESTMENT OPPORTUNITY -TEAR DOWN OPPORTUNITY- Prime Manufactured Home Development Opportunity in the Heart of Glenn Heights. Seize this rare chance to acquire 2.73 acres of zoned manufactured home property in one of the DFW Metroplex's fastest growing suburban corridors. At current zoning density, this site comfortably accommodates 15-16 manufactured home lots (including drives and common areas), with the potential to push higher depending on city approval. With median lot rents in the Glenn Heights-DeSoto-Midlothian corridor ranging from $450-$900 per month a fully stabilized community on this site represents $81,000 - 172,800 in gross annual rent - a compelling profile for developers and park operators alike. There is a current home on site tenant occupied month to month until purchased. Showings are to be set up with listing agent. 1 mile from new loop connecting to 35.

Additional Information

Unexempt Taxes
$9,339
Lot Size
118,918
Interior Features
Other
Foundation
Pillar/Post/Pier
Stories
1
Pool Features
None
Fireplaces
1
Fireplace Type
Family Room
Parking Garage
Driveway
School District
Desoto Isd
Elementary School
Moates
Middle School
Curtistene S Mccowan
High School
Desoto
Possession
CloseOfEscrow

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Donna Watson from INC Realty, LLC. Contact: 940-300-6654