18747 Fm 2493, Flint, TX, TX 75762

$2,541,000

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List Price
$2,541,000
MLS#
20965019
Status
ACTIVE
Type
Multifamily
Subtype
ResidentialIncome
Year Built
2023
Construction Status
New Construction - Complete
Acres
2.07
County
Smith
City
Flint
Subdivision
HENRICHSON SUBD
Building Name
The Shires

Property Description

The Shires - New 8 Unit Townhome Complex. Newly constructed and 100% occupied 8-unit townhome complex in Flint, Texas with value-add upside! Purchasers will have the opportunity to develop 20 more units on an additional 1.5 acres primed for vertical construction. Highlights: • Year 1 NOI: $125,268. • Additional land + infrastructure for developers. • Per Unit: 3 bedroom, 2 bathroom. ~ $1,896 rent per mo. ~ 1,400 SF. • 16 parking spots (2 per unit). • Modern interior finishes. Contact agent for OM.

Additional Information

Lot Size
90,082
Acres
2.07
Interior Features
Kitchen Island
Flooring
Concrete
Foundation
Slab
Roof
Composition
Stories
2
Pool Features
None
Exterior
Lighting, Rain Gutters
Parking Garage
On Site, Off Street, Parking Lot
School District
Tyler Isd
Elementary School
Owens
Middle School
Three Lakes
High School
Tyler Legacy
Possession
CloseOfEscrow

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Matthew Marshall from Drake Real Estate. Contact: 903-581-3737

Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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