1206 N Business Hwy

2,990 Sq. Ft.
$234 / Sq. Ft.
2,990
Sq. Ft.
$234
per Sq. Ft.

Description

Fantastic investment package opportunity—perfect for investors seeking immediate cash flow or those just getting started and want an option for themselves! This package includes 3 single family properties plus a 0.97 empty lot! Recently renovated, these properties feature modern updates throughout, including granite countertops, durable luxury vinyl plank wood flooring, and updated kitchen and bathroom finishes. This package is ideal for investors looking for a cash-flowing rental property making...Fantastic investment package opportunity—perfect for investors seeking immediate cash flow or those just getting started and want an option for themselves! This package includes 3 single family properties plus a 0.97 empty lot! Recently renovated, these properties feature modern updates throughout, including granite countertops, durable luxury vinyl plank wood flooring, and updated kitchen and bathroom finishes. This package is ideal for investors looking for a cash-flowing rental property making it a turnkey addition to your rental portfolio. (Unit 1) 1206 N Business Highway 78, sits on a 1.32 acre lot with the 0.97 vacant lot adjacent - Tenant-occupied through 5-28-27 at $1525 per month. (Unit 2) 313 N Church St - Lease Term: 5-31-26 at $1475 per month (Unit 3) 308 W Lamm St - Actively listed for lease. These properties are also available for individual sale.
  1. Listed by Mallory Adams • TREC #0746744 • OmniKey Realty, LLC. • 972-480-8280

Property Details for 1206 North Business Highway

Subdivision Name
Blue Ridge
Pool
No
Number Of Parking Spaces
6
LISTING UPDATED: 05/22/2026 09:07 AM

Property Details for 1206 North Business Highway

StatusActive
MLS #21269743
Days on Market56
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / Multiple Single Units
Year Built1985
Lot Size1.32 AC / 57,499 SF
CountyCollin County

Location

Listing Courtesy of OmniKey Realty, LLC., Mallory Adams
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Building Information for 1206 North Business Highway

Stories1Residences3Year Built1985Building Size-Lot Size1.32 AC / 57,499 SF

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Principal and Interest

$3,488

Property Taxes

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HOA Dues

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Property Information for 1206 North Business Highway

Summary
Location and General Information
  • Complex Name: Blue Ridge
  • Directions: See maps
  • Elementary School: Blueridge
  • Elementary School Name: Blueridge
  • High School: Blueridge
  • High School Name: Blueridge
  • Intermediate School: Blueridge
  • Middle School: Blueridge
  • Senior Community Yes/No: No
  • Year Built Details: Preowned
  • School District: Blue Ridge ISD
  • Geocode Confidence: High
  • Latitude: 33.31
  • Longitude: -96.40
  • State: Texas
Parking
  • Parking Features: Carport, Driveway
  • Carport Spaces: 1
  • Attached Garage: No
  • Parking Spaces Covered Total: 1
  • Garage: No
Taxes and HOA Information
  • Tax Legal Description: ABS A0478 GREER JOHNSON SURVEY, TRACT 54, 1.3
  • Association Type: None
Virtual Tour
Interior and Exterior Features
Interior Features
  • Fireplaces Total: 0
  • Flooring: Luxury Vinyl Plank
  • Heating: Central, Electric
  • Interior Features: Built-in Features, Cable TV Available, Decorative Lighting, Eat-in Kitchen, Granite Counters, High Speed Internet Available, Other
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
  • Basement: No
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Smart Home Features Appor Pass Y: No
  • Window Features: Window Coverings
Exterior Features
  • Building Area Source: Public Records
  • Construction Materials: Siding, Other
  • Exterior Features: Covered Patio/Porch, Rain Gutters, Private Yard
  • Fencing: Fenced
  • Foundation Details: Other
  • Number Of Stories: 1
  • Roof: Composition
  • Waterfront: No
  • Number Of Units Total: 3
  • Patio And Porch Features: Covered, Front Porch
  • Levels: One
Property
Utilities
  • Utilities: Cable Available, City Sewer, City Water, Electricity Connected, Individual Water Meter
Property and Assessments
  • Exclusions: Current tenant belongings (as applicable) fridge, washer and dryer.
  • Financing Proposed: 1031 Exchange, Cash, Conventional
  • Handicap: No
  • Loan Type: Treat As Clear
  • Security Features: Smoke Detector(s)
  • Property Match: APN
Lot Information
  • Lot Features: Acreage, Landscaped, Level, Lrg. Backyard Grass
  • Lot Size: 1 to < 3 Acres
  • Lot Size Acres: 1.32
  • Lot Size Area: 1.32
  • Lot Size Units: Acres
  • Lot Size Square Feet: 57499.2
  • Multi Parcel ID: Yes
  • Parcel Number: R647800005401
  • Parcel Number 2: R0731007005B1
Multi Family
Multi-Family Information
  • Number Of Buildings: 3
  • Capitalization Rate: .00%
  • Gross Annual Expenses: $0
  • Gross Annual Income: $0
  • Insurance Expense: $0
  • Net Operation Income: $.00
Unit 1
  • Approximate SQFT: 836.0
  • Average Lease Amount: $1,450.00
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Number Of Baths Full: 1
  • Unit Type Type: 2 Bedroom
  • Unit Type Units Total: 1
Unit 2
  • Approximate SQFT: 1114.0
  • Average Lease Amount: $1,475.00
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Number Of Baths Full: 1
  • Unit Type Type: 3 Bedroom
  • Unit Type Units Total: 1
Unit 3
  • Approximate SQFT: 1040.0
  • Average Lease Amount: $1,525.00
  • Living Area Length: 17.0
  • Living Area Width: 15.0
  • Master Bed Length: 15.0
  • Master Bed Width: 13.0
  • Number Of Baths Full: 1
  • Unit Type Type: 4 Bedroom Or More
  • Unit Type Units Total: 1

Property History for 1206 North Business Highway

DateEvent & SourcePriceAppreciation
May 13, 2026

Listed (Active)

NTREIS #21269743

$700,000
Dec 10, 2025

Withdrawn

NTREIS #21057322

Oct 13, 2025

Price Change

NTREIS #21057322

$225,000
DateEvent & SourcePrice
05/13/2026

Listed (Active)

NTREIS #21269743

$700,000
12/10/2025

Withdrawn

NTREIS #21057322

10/13/2025

Price Change

NTREIS #21057322

$225,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 1206 North Business Highway

This home is within Blue Ridge Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Blue Ridge Elementary School
PublicPK to 5

Blue Ridge Middle School
Public6 to 8

Blue Ridge High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

1206 North Business Highway is a multi-family home for sale in Blue Ridge, TX 75424. This property was listed for sale on May 13, 2026 by OmniKey Realty, LLC., it's currently listed at $700,000. This listing's school district is Blue Ridge Independent School District. Nearby schools include Blue Ridge Elementary School, Blue Ridge Middle School and Blue Ridge High School. 1206 North Business Highway is a 9-bed, 3-bath, 2,990 sqft multi-family home built in 1985.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of OmniKey Realty, LLC., Mallory Adams

The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass and its related brokerages. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 05/22/2026 09:07 AM