11015 Interstate 30 Frontage Road

Cumby, TX 75433

$1,850,000
Price
10
Beds
6
Baths
3,644 Sq. Ft.
$508 / Sq. Ft.
3,644
Sq. Ft.
$508
per Sq. Ft.

Description

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...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. (Square footage is believed to be wrong)
  1. Listed by Ashley Hammons • TREC #0615230 • AT Home Texas Real Estate • 903-454-2824

Property Details for 11015 Interstate 30 Frontage Road

Subdivision Name
Jonas Hailey Surv Abs #464
Pool
No
Garage Spaces
0
Number Of Parking Spaces
12

Location

Listing Courtesy of AT Home Texas Real Estate, Ashley Hammons
Add your commute
LISTING UPDATED: 02/16/2024 04:10 PM

Property Details for 11015 Interstate 30 Frontage Road

StatusActive
MLS #20525164
Days on Market76
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Apartment/5Plex+
Year Built1997
Lot Size29.14 AC / 1,269,294 SF
CountyHopkins County

Location

Listing Courtesy of AT Home Texas Real Estate, Ashley Hammons
Add your commute

Building Information for 11015 Interstate 30 Frontage Road

Stories1Residences6Year Built1997Building Size-Lot Size29.14 AC / 1,269,294 SF

Payment Calculator

$10,598 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,096

Property Taxes

$502

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 11015 Interstate 30 Frontage Road

Summary
Location and General Information
  • Complex Name: Cumby
  • Directions: Property is located on the E HWY 30 Service Road between FM 275 and FM 275 S
  • Elementary School: Cumby
  • Elementary School Name: Cumby
  • High School: Cumby
  • High School Name: Cumby
  • Middle School: Cumby
  • Year Built Details: Preowned
  • School District: Cumby ISD
  • Latitude: 33.13
  • Longitude: -95.83
  • State: Texas
Parking
  • Garage Length: 0
  • Garage Width: 0
  • Parking Features: On Site
  • Carport Spaces: 0
  • Attached Garage: No
  • Parking Spaces Covered Total: 0
  • Garage Height: 0
  • Garage: No
Taxes and HOA Information
  • Tax Legal Description: ACRES: 29.139 ABS: 464 TR: 250-02 SUR: HAILE
  • Association Type: None
  • Special Taxing Entities: No
Virtual Tour
Interior and Exterior Features
Interior Features
  • Fireplaces Total: 0
  • Flooring: Luxury Vinyl Plank
  • Heating: Central
  • Interior Features: Flat Screen Wiring, Other
  • Appliances: Dishwasher, Electric Range
  • Basement: No
  • Cooling: Central Air
  • Smart Home Features Appor Pass Y: No
Exterior Features
  • Building Area Source: Assessor
  • Construction Materials: Siding
  • Foundation Details: Slab
  • Number Of Stories: 1
  • Roof: Shingle
  • Waterfront: No
  • Number Of Units Total: 6
  • Patio And Porch Features: Awning(s)
  • Levels: One
Property
Utilities
  • Utilities: Cable Available, Electricity Available, Overhead Utilities, Sewer Available
Property and Assessments
  • Accessory Unit: No
  • Handicap: No
  • Loan Type: Treat As Clear
  • Property Match: APN
Lot Information
  • Dock Permitted: No
  • Lot Size: 10 to < 50 Acres
  • Lot Size Acres: 29.139
  • Lot Size Area: 29.139
  • Lot Size Source: Assessor
  • Lot Size Units: Acres
  • Lot Size Square Feet: 1269294.84
  • Multi Parcel ID: No
  • Parcel Number: R000015108
  • Lake Pump: No
Multi Family
Multi-Family Information
  • Number Of Buildings: 2
  • Capitalization Rate: 3.04%
  • Gross Annual Expenses: $8,933
  • Gross Annual Income: $65,100
  • Insurance Expense: $3,000
  • Tenancy: Over 9 Months
  • Net Operation Income: $56,166.00
Unit 1
  • Approximate SQFT: 0.0
  • Average Lease Amount: $12.00
  • Dining Area Length: 0.0
  • Dining Area Width: 0.0
  • Kitchen Length: 0.0
  • Kitchen Width: 0.0
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Master Bed Length: 0.0
  • Master Bed Width: 0.0
  • Number Of Baths Full: 1
  • Number Of Baths Half: 0
  • Unit Type Type: Apartments
  • Unit Type Units Total: 6

Property History for 11015 Interstate 30 Frontage Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 11015 Interstate 30 Frontage Road

Taxable ValueLand$291,390Additions$106,900Total$398,290
Tax Record2022$6,027 ($502 / month)
Home Facts
Total Finished SqFt4,476 SqFtAbove Grade Finished SqFt4,476 SqFtStories1Lot Size1,269,295 SqFtStyleMiscellaneous AgriculturalYear Built1997CountyHOPKINSAPNR000015108

Schools near 11015 Interstate 30 Frontage Road

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

Cumby High School
Public6 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

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11015 Interstate 30 Frontage Road is a multi-family home for sale in Cumby, TX 75433. This property was listed for sale on February 13, 2024 by AT Home Texas Real Estate, it's currently listed at $1,850,000. This listing's school district is Cumby Independent School District. Nearby schools include Cumby Elementary School and Cumby High School. 11015 Interstate 30 Frontage Road is a 10-bed, 6-bath, 3,644 sqft multi-family home built in 1997.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of AT Home Texas Real Estate, Ashley Hammons

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. 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 2024 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 02/16/2024 04:10 PM