Goodrich, TX 77335,100 Katie Simpson Avenue
Goodrich, TX 77335,100 Katie Simpson Avenue
Goodrich, TX 77335,100 Katie Simpson Avenue
Goodrich, TX 77335,100 Katie Simpson Avenue
Goodrich, TX 77335,100 Katie Simpson Avenue
Goodrich, TX 77335,100 Katie Simpson Avenue
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$699,999

Est.Price: ?

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Est. payment /mo

12.83 Acres Lot


SOLD DATE : 07/16/2024

Key Details

Property Type Commercial

Sub Type Business

Listing Status Sold

Purchase Type For Sale

Subdivision A Viesca Surv A-77

MLS Listing ID 20419499

Sold Date 07/16/24

Total Fin. Sqft 1600

Year Built 2024

Annual Tax Amount $479

Lot Size 12.832 Acres

Acres 12.832

Property Description

13 acre RV Park for sale. Approved for 80+Mobile homes, RV Spots or cabins. 20 spots are finished. Opened in April. This is a situation where owner started the park and has done an excellent job building but ran out of funds to finish the spots. TONS OF VALUE ADD OPPORTUNITY! City water. City sewer. 60 lbs. of water pressure for the entire park. 6 in. sewer lines. 8 (200 Amp) meters. Conduits and wiring ran for propane sales. Cost to finish propane setup is $5k, however it will be the only place in the city to sell propane. Just 5 minutes from Lake Livingston, major shopping, restaurants and the city of Livingston. 1-hr commute to downtown Houston. Park has 1.5 acre pond, large new bathhouse, laundry facilities, office building and is located across the street from the public schools. Value add includes billing back utilities, add coin operated washers & dryers & increase rents to market rates. Very conservative Projected NOI upon completion of 80 spots $360,000 annually.

Location

State TX

County Polk

Zoning RV Park, MHP

Direction Take Highway 59 to FM 1988. Turn right on fm 1988 and immediate right on Katie Simpson.

Interior

Heating Propane

Cooling Electric

Flooring Other

Heat Source Propane

Exterior

Utilities Available City Sewer, City Water

Roof Type Other

Garage No

Building

Lot Description Level, Tank/ Pond

Foundation Other

Structure Type Other

Others

Ownership Tony

Acceptable Financing 1031 Exchange, Cash, Conventional, Other

Listing Terms 1031 Exchange, Cash, Conventional, Other

Financing Private

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Melanie White • Call It Closed Realty
Bought with Melanie White • Call It Closed Realty
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