29.1 Acres of Improved Commercial Land for Sale in Cumby, Texas
11015 W Interstate Highway 30, Cumby, TX 75433
Discover this great investment opportunity with a fully remodeled 6-unit complex on 30 acres with Interstate 30 frontage, just an hour northeast of Dallas. This property offers expansion potential for additional residential units, industrial, or retail spaces. Each unit, remodeled less than a year ago, is fully occupied and comes with warranties on the work. Additionally, there's a 3000 square foot large shop with its own entrance off a State Highway, perfect for business operations or leasing. The complex also has a laundry room with paid machines for additional Cash income. This investment opportunity combines modern living spaces with vast land for growth, making it a unique and lucrative venture in a rapidly developing area. Apartments generate approx $5600mo and shop building brings in $1400mo, If you wanted to purchase for future, The acreage could be leased for additional income.
Directions
Property is located on the E HWY 30 Service Road between FM 275 and FM 275 S
Property details
- County
- Hopkins County
- Community
- Jonas Hailey Surv Abs #464
- Elevation
- 620 feet
- MLS Number
- NTREIS 20524698
- Date Listed
Legal description
ACRES: 29.139 ABS: 464 TR: 250-02 SUR: HAILE
Parcels
- R000015108
Resources
Detailed attributes
Listing
- Type
- Commercial
Structure
- Roof
- Composition Shingle
- Cooling
- Central A/C
- Heating
- Central Furnace
Interior
- Floors
- Vinyl
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Feb 2, 2024 | New listing | $1,850,000 | — | NTREIS |