115 Private Road 7986

Winnsboro, TX 75494

$525,000
Price
13
Beds
9
Baths
6,420 Sq. Ft.
$82 / Sq. Ft.
6,420
Sq. Ft.
$82
per Sq. Ft.

Description

Wonderful Investment Property in East Texas! 100% Leased. Property includes 6.7 total acres with plenty of room to expand the number of rental units or choose to build a primary residence on the property along with expanding your rental units all on the same property. Property is centrally located between Winnsboro, Quitman, and Gilmer. Property includes 1 Triplex and 2 Duplexes. Triplex has 3, 1 Bedroom/1 Bathroom units. One Duplex has 2, 2 Bedroom/1 Bathroom units. Second Duplex has 2, 3 Bedroom/2...Wonderful Investment Property in East Texas! 100% Leased. Property includes 6.7 total acres with plenty of room to expand the number of rental units or choose to build a primary residence on the property along with expanding your rental units all on the same property. Property is centrally located between Winnsboro, Quitman, and Gilmer. Property includes 1 Triplex and 2 Duplexes. Triplex has 3, 1 Bedroom/1 Bathroom units. One Duplex has 2, 2 Bedroom/1 Bathroom units. Second Duplex has 2, 3 Bedroom/2 Bathroom units. Units are all electric with central Heat & A/C and aerobic septic. Units have individual meters for electricity and water. Great road frontage on both FM 312 and CR 3986. Location is a beautiful country setting with multiple options to expand and utilize the additional acreage for an RV park or mini-storage. New roofs July 2023.
  1. Listed by Kaci Williams • TREC #0679645 • Quitman Realty
  2. Listed by James Hicks • TREC #0562367 • Quitman Realty

Property Details for 115 Private Road 7986

Waterfront
No
Pets Allowed Y/N
Yes
Subdivision Name
none
ZONING
Single Family

Location

Listing Courtesy of Quitman Realty, Kaci Williams; Quitman Realty, James Hicks
Add your commute
LISTING UPDATED: 03/20/2024 11:44 AM

Property Details for 115 Private Road 7986

StatusActive
MLS #24003102
Days on Market54
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built2009
Lot Size6.78 AC / 295,249 SF
CountyWood County

Location

Listing Courtesy of Quitman Realty, Kaci Williams; Quitman Realty, James Hicks
Add your commute

Building Information for 115 Private Road 7986

Stories1Residences7Year Built2009Building Size-Lot Size6.78 AC / 295,249 SF

Payment Calculator

$2,865 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,865

Property Taxes

—

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 115 Private Road 7986

Summary
Location and General Information
  • County: Wood
  • Waterview: No
  • Directions (NO OFFICES): From Quitman-From the Wood County Courthouse in Quitman, take Hwy 154 East for approx 12 miles. Turn left onto FM-312. Continue for approx 2 miles. Turn left onto County Road 3986. In 350 feet, turn left onto Private Road 7986.
  • City: Winnsboro
  • State: TX
  • Geo Subdivision: TX
  • Lake Community: No
Taxes and HOA
  • Taxes: 8775.31
  • Tax Year: 2023
Parking
  • PARKING 2-4 FAMILY: 1 Or More Per Unit
School Information
  • Elementary: Winnsboro
  • Middle School: Winnsboro
  • High School: Winnsboro
Property
Property and Assessments
  • Appraisal District Number: 100806
  • Class: MULTI-FAMILY
  • Under Construction: No
  • Year of Construction: 2009
  • DOCUMENTS ON FILE: Other/See Remarks
  • Foreclose/Bank Owned Y/N: No
  • EASEMENTS: Unknown
Lot Information
  • Approx SqFt: 6420
  • Total Number of Acres: 6.778
  • Approx Lot Dimension: 900x260
Utilities
  • SEWER: AerobicSeptic Sys
  • WATER: Community
  • INDIVIDUALLY METERED UTIL: Individual Electric Meter, Individual Water Meters
  • Water Co: Fouke Water Supply
Interior and Exterior Features
Exterior Features
  • CONSTRUCTION: Alum/Vinyl Siding
  • DRIVEWAY: Gravel
  • FENCING: None
  • ROOF: Composition
  • FOUNDATION: Slab
Interior Features
  • FIREPLACE: None
  • COOLING: Central Electric
  • HEATING: Central Electric
  • LEVELS: 1 Story
  • INTERIOR: Ceiling Fan, Blinds, Smoke Alarm
  • FLOORING: Carpet, Laminate, Ceramic Tile
  • KITCHEN EQUIPMENT: Range/Oven-Electric, Refrigerator
Multi Family
Multi-Family Information
  • # Units: 7.0
Income & Expenses Information
  • OWNERS EXPENSES: Taxes, Insurance, Maintenance Repairs, Lawn Care
Unit 1
  • Unit 1 # Bedrooms: 3
  • Unit 1 # Baths: 3
  • Unit 1 Living Room Y/N: Yes
  • Unit 1 Dining Room Y/N: Yes
  • Unit 1 Fireplace Y/N: No
Unit 2
  • Unit 2 # Bedrooms: 4
  • Unit 2 # Baths: 2
  • Unit 2 Living Room Y/N: Yes
  • Unit 2 Dining Room Y/N: Yes
  • Unit 2 Fireplace Y/N: No
Unit 3
  • Unit 3 # Bedrooms: 6
  • Unit 3 # Baths: 4
  • Unit 3 Living Room Y/N: Yes
  • Unit 3 Dining Room Y/N: Yes
  • Unit 3 Fireplace Y/N: No
Rental
Rental Information
  • Smoking Allowed Y/N: No
  • TENANT PAYS: Electric, Water

Property History for 115 Private Road 7986

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 115 Private Road 7986

This home is within Winnsboro Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Winnsboro Elementary School
PublicPK to 2

Winnsboro Junior High School
Public6 to 8

Winnsboro 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.

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115 Private Road 7986 is a multi-family home for sale in Winnsboro, TX 75494. This property was listed for sale on March 6, 2024 by Quitman Realty, it's currently listed at $525,000. This listing's school district is Winnsboro Independent School District. Nearby schools include Winnsboro Elementary School, Winnsboro Junior High School and Winnsboro High School. 115 Private Road 7986 is a 13-bed, 9-bath, 6,420 sqft multi-family home built in 2009.

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 Quitman Realty, Kaci Williams; Quitman Realty, James Hicks

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: 03/20/2024 11:44 AM