105 Hawk Ridge Road, Decatur, Texas 76234

$599,900
6
BD
List Price
$599,900
MLS#
20426852
Status
ACTIVE
Type
Multifamily
Year Built
2008
Construction Status
Preowned
Bedrooms
6
Full Baths
3
Acres
2.39
County
Wise
City
Decatur
Subdivision
Hawk Ridge Add Ph2
Building Name
No Name

Property Description

UNIQUE OPPORTUNITY to own this desirable acreage property between Justin & Decatur where you can build your secluded dream home behind TWO newer & tasteful existing long-term, tenant-occupied rental properties onsite. Rents total $3,900-mo. The primary home is the subject property & there is an adorable 3-1 guest house (built in 2008) with an addtl large garage w-framed in room which could be finished & used as office or....? Build your dream home at the adjoining 2.61 acre 109 Hawk Ridge Dr. - MLS #20416169 -This listing features a large pond, fully fenced & cross-fenced with non-climb fencing-RV pad & parking. Back porches face west for stunning sunsets. NO HOA. Minimal restrictions. No manufactured homes. Horses, livestock & poultry ok. Designated animal pens & in-ground chicken feeders. This great property is just 45 minutes from DFW, 20 minutes from the TX Motor Speedway & 30 minutes from downtown Fort Worth in a growing rural area. Dining, Shopping & amenities close by.

Additional Information

Unexempt Taxes
$3,216
HOA
No HOA
Annual Insurance
2100
Gross Annual Expenses
5000
Gross Annual Income
46800
Lot Size
104,239
Acres
2.39
Lot Description
Acreage, Agricultural, Cleared, Interior Lot, Irregular Lot, Landscaped, Lrg. Backyard Grass, Other, Pasture, Subdivision
Subdivided
Subdivided
Interior Features
Decorative Lighting, Eat-in Kitchen, Granite Counters, High Speed Internet Available, Kitchen Island, Open Floorplan, Walk-In Closet(s)
Flooring
Carpet, Laminate
Foundation
Slab
Roof
Composition
Stories
1
Street Utilities
Aerobic Septic, All Weather Road, Co-op Electric, Electricity Connected, Outside City Limits, Rural Water District, Septic, Unincorporated, Well
Heating Cooling
Central, Electric
Exterior
Covered Patio/Porch, RV/Boat Parking, Storage
Construction Material
Board & Batten Siding
Garage Spaces
2
Parking Garage
Garage Single Door, Additional Parking, Driveway, Garage, Garage Faces Side, Gravel, Guest, On Site, Parking Pad, RV Access/Parking, See Remarks, Storage, Other
Total Num Parking
10
School District
Decatur Isd
Elementary School
Carson
Middle School
Mccarroll
High School
Decatur
Possession
Lease Outstanding, Subject to Lease
Number of bldgs.
2
Number of units
2
Tenancy
Pets Allowed
Possession
Lease Outstanding, Subject to Lease
Cap Rate
6.62

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Shari Guess from Buy Wise Real Estate. Contact: 940-399-3900