3061 State Highway 66, Caddo Mills, TX, TX 75135

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,850,000
MLS#
21419994
Status
ACTIVE
Type
Commercial
Subtype
CommercialSale
Year Built
1993
Construction Status
Preowned
Acres
3.94
County
Hunt
City
Caddo Mills
Subdivision
Catherine Haven Surv Abs #488

Property Description

This highly productive and 100% leased property is ideally suited for savvy investors looking for a stabilized income with long term tenants. The masonry and steel constructed improvements were originally designed and used as a church, later repurposed with 22,364 square feet of leasable area in two leased units. The long-term tenants include a bi-lingual day care and gymnastics and cheer facility utilizing the full-size gym and related office, conference, viewing areas and kitchen. This high traffic location is located just east of downtown Caddo Mills, Texas, one of the fastest growing communities in the DFW and Hunt County area, with excellent schools, significant residential development and prospects for continued growth and sustainability. This leased fee property is surrounded by commercial, retail and industrial uses with additional excess land available on the site that affords the opportunity to increase the income possibilities with additional improvements or other uses. Supporting lease and other statistical data available from the listing agent. Due to the nature of the current tenant uses, special showing arrangements will need to be made when possible. The seller is a licensed real estate agent.

Additional Information

Unexempt Taxes
$17,903
Tenant Pays
Electricity, Other, TrashCollection
Lot Dimensions
See Survey
Lot Size
171,626
Acres
3.94
Lot Description
Back Yard, Lawn, Level
Flooring
Concrete, Tile, Other
Foundation
Slab
Roof
Metal, Shingle
Building Stories
2
Parking Garage
Paved, Direct Access, Gravel, Oversized, Parking Lot, Porte Cochere
Possession
CloseOfEscrow, SubjectToTenantRights
Proposed Use
Other, Place Of Worship
Inclusions
Land & Improvements

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

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

Listing courtesy of Randall Tarpley from Tarpley, REALTORS. Contact: 903-455-5135

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.

Last updated: