3838 S Highway 287, Waxahachie, TX 75165 - MLS#20225120

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Debbie Waters

debbiewaters@ziglarrealty.com +1(972) 841-8461

$1,695,000

Est. payment - /mo

2 Acres Lot

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UPDATED:

11/22/2024 03:01 PM

Key Details

Property Type Commercial

Sub Type Warehouse

Listing Status Active

Purchase Type For Sale

Subdivision Bosarge Estates

MLS Listing ID 20225120

Total Fin. Sqft 11625

Year Built 2000

Annual Tax Amount $12,000

Lot Size 2.000 Acres

Acres 2.0

Property Description

Great investment property for sale, with a net operating income of roughly 122k, taxes being approximately 12K and Insurance being 4,200k. Cap Rate is 7.225%
Currently used by a mobile auto repair service. Contract expires in October 2026.

Location

State TX

County Ellis

Zoning commercial

Direction From Waxahachie take highway 287 south to Ennis. Property will be on the Right.

Interior

Heating Central, Electric

Cooling Central Air, Electric

Flooring Concrete

Heat Source Central, Electric

Exterior

Utilities Available Aerobic Septic

Roof Type Metal

Garage No

Building

Foundation Slab

Structure Type Brick,Stucco

Others

Ownership Del Z Enterprises, LLC

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Oscar Reyes • Hi View Real Estate

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Debbie Waters

+1(972) 841-8461

Agent | License ID: 0623163

Agent License ID: 0623163