$550,000
Single Family Residence In Glenn Heights
- 3 Beds
- 2 Baths
- 2,126 Sqft
- 2.73 Ac lot
- Updated: June 12
- Source: North Texas Real Estate Information Systems (NTREIS) MLS#21265310
About the Property
INVESTMENT OPPORTUNITY -TEAR DOWN OPPORTUNITY- Prime Manufactured Home Development Opportunity in the Heart of Glenn Heights.
Seize this rare chance to acquire 2.73 acres of zoned manufactured home property in one of the DFW Metroplex’s fastest growing suburban corridors.
At current zoning density, this site comfortably accommodates 15-16 manufactured home lots (including drives
Seize this rare chance to acquire 2.73 acres of zoned manufactured home property in one of the DFW Metroplex’s fastest growing suburban corridors.
At current zoning density, this site comfortably accommodates 15-16 manufactured home lots (including drives
INVESTMENT OPPORTUNITY -TEAR DOWN OPPORTUNITY- Prime Manufactured Home Development Opportunity in the Heart of Glenn Heights.
Seize this rare chance to acquire 2.73 acres of zoned manufactured home property in one of the DFW Metroplex’s fastest growing suburban corridors.
At current zoning density, this site comfortably accommodates 15-16 manufactured home lots (including drives and common areas), with the potential to push higher depending on city approval. With median lot rents in the Glenn Heights-DeSoto-Midlothian corridor ranging from $450-$900 per month a fully stabilized community on this site represents $81,000 - 172,800 in gross annual rent - a compelling profile for developers and park operators alike.
There is a current home on site tenant occupied month to month until purchased.
Showings are to be set up with listing agent.
1 mile from new loop connecting to 35.
Seize this rare chance to acquire 2.73 acres of zoned manufactured home property in one of the DFW Metroplex’s fastest growing suburban corridors.
At current zoning density, this site comfortably accommodates 15-16 manufactured home lots (including drives and common areas), with the potential to push higher depending on city approval. With median lot rents in the Glenn Heights-DeSoto-Midlothian corridor ranging from $450-$900 per month a fully stabilized community on this site represents $81,000 - 172,800 in gross annual rent - a compelling profile for developers and park operators alike.
There is a current home on site tenant occupied month to month until purchased.
Showings are to be set up with listing agent.
1 mile from new loop connecting to 35.
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Property type
House
-
Year built
1962
-
Price/sqft
$258
Features
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210 W Bear Creek Road, Red Oak, Texas, United States
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Last updated
June 12
First listed
May 11
Listing reference
21265310
Listing status
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
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