Mabank, TX 75156,1015 Welch Lane
$600,000
Est.Price: ?

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23 BD
10 BA
1.64 Acres Lot

1015 Welch Lane Mabank, TX 75156

Est. payment /mo
SOLD DATE : 02/28/2023

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Subdivision M Garcia Sur

MLS Listing ID 20224955

Sold Date 02/28/23

Bedrooms 23

Full Baths 10

HOA Y/N None

Total Fin. Sqft 71612

Year Built 1900

Annual Tax Amount $2,919

Lot Size 1.644 Acres

Acres 1.644

Property Description

Great Investment Opportunity. 10 space mobile home community tucked away with a sense of privacy. Community features 5 newer singlewide homes and 4 older singlewide homes along with a residential lot connected to neighboring community. Low maintenance with some long term tenants. Affordable housing is always in high demand. Great little property that cash flows well. Very close to Cedar Creek Lake. Property is in county but on city water and city sewer. Each tenant pays their own utilities. Don't miss this one!

Location

State TX

County Henderson

Direction From Main St or Hwy 334 in Gun Barrel City, take Welch Ln all the way down past Oak Harbor Subdivision around turn to entrance

Interior

Interior Features Other

Heating Other

Cooling Central Air, Window Unit(s)

Flooring Other

Appliance Other

Heat Source Other

Exterior

Utilities Available City Sewer, City Water, Community Mailbox, Gravel/Rock, Outside City Limits

Roof Type Other

Total Parking Spaces 9

Garage No

Building

Lot Description Other, Water/Lake View

Story One

Foundation Other

Structure Type Aluminum Siding,Metal Siding,Vinyl Siding

Schools

Elementary Schools Lakeview

School District Mabank Isd

Others

Ownership Welch Villas LLC

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Angie Linn • Linn Realty
Bought with Teresa Lee • T. Lee's Heart of Tx Real Esta

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Meredith Johnson

Agent | License ID: 995690239

+1(318) 426-6120

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