14 Beds
10 Baths
13,100 SqFt
14 Beds
10 Baths
13,100 SqFt
Key Details
Property Type Mobile Home
Sub Type Mobile Home
Listing Status Active
Purchase Type For Sale
Square Footage 13,100 sqft
Price per Sqft $152
Subdivision Dew Babb Surveytract 8
MLS Listing ID 21134836
Style Ranch,Detached,Farmhouse
Bedrooms 14
Full Baths 10
HOA Y/N No
Year Built 1981
Annual Tax Amount $15,195
Lot Size 7.980 Acres
Acres 7.98
Property Sub-Type Mobile Home
Property Description
This is the type of asset serious investors wait years to find. An 8-acre income-producing ranch delivering immediate cash flow with massive upside.
The front 3 acres feature eight existing rental doors producing approximately $15,000 per month, creating instant income from day one. This alone can substantially offset or fully cover debt service.
The rear 5 acres are unrestricted land with agricultural exemption potential, ideal for livestock, additional rental units, expansion housing, or future commercial,industrial use buyer to verify. Located in the McKinney ETJ, Melissa ISD this property offers flexibility that is increasingly rare.
Infrastructure is already in place: three-phase electric, four water meters, permitted driveway access points, and excellent street frontage significantly reducing future development costs and accelerating ROI.
For owner,users or hybrid investors, the wooded back acreage provides a private, buildready setting for a luxury custom residence, while rental income continues to perform in the foreground.
Properties with this income, acreage, and infrastructure do not exist at this price point.
Historical performance shows average appreciation of approximately 150,000 per year since 2017, making this both a cash-flow play and a longterm equity accelerator.
Buy it for the income. Hold it for the appreciation. Expand it for exponential returns.
This is not a maybe deal this is a generational asset. Schedule a showing before it's gone this is a combination of two properties next to each other with multiple homes.Unique opportunity for investors: acquire the property with a lease buyout of cell tower at closing, creating immediate cash flow leverage and potential reduction of out-of-pocket acquisition costs.
Location
State TX
County Collin
Direction gps
Interior
Interior Features Decorative/Designer Lighting Fixtures, Double Vanity, Eat-in Kitchen, Granite Counters, High Speed Internet
Heating Central, Electric, Heat Pump
Cooling Central Air, Ceiling Fan(s), Electric
Flooring Carpet, Luxury Vinyl Plank
Fireplaces Number 1
Fireplaces Type Wood Burning
Fireplace Yes
Appliance Dryer, Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
Laundry Washer Hookup, Dryer Hookup, ElectricDryer Hookup, Laundry in Utility Room, Stacked
Exterior
Exterior Feature Fire Pit
Parking Features Additional Parking, Covered, Driveway, Electric Gate
Garage Spaces 4.0
Carport Spaces 2
Fence Fenced, Gate, Pipe
Pool None
Utilities Available Electricity Available, Electricity Connected, Septic Available, Separate Meters, Sewer Not Available, Water Available
Water Access Desc Community/Coop
Roof Type Composition
Garage Yes
Building
Lot Description Acreage
Dwelling Type House
Foundation Slab
Sewer Aerobic Septic, Septic Tank
Water Community/Coop
Level or Stories One
Schools
Elementary Schools Sumeer
Middle Schools East Cardinal
High Schools Melissa
School District Melissa Isd
Others
Tax ID R603400000801
Security Features Security System,Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21134836
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