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Home For Sale

Picture of Home For Sale in Ennis, Texas, United States

$225,000

404 Old Gin Rd
Ennis, Texas, United States

1ba

Listed By: Realtyww Info

Listed On: 05/26/2023

Listing ID: GL10384091 View More Details

Description

This property presents a unique opportunity for a potential buyer to own land with existing rental units and the potential for personal residential development. With three tiny homes on the property, one of which will convey with the sale, and one being a travel trailer, the property is already generating rental income. The other two tiny homes are tenant-owned and could potentially continue to be rented out, providing additional rental income. Furthermore, the property has three septic systems, two of which are aerobic systems, allowing for flexibility in building and development plans. The current setup of the property presents the option to leave the rental units in place and continue to generate rental income, or to move the tenants out and develop the property for personal residential use. Additionally, buyers should be aware of any local building codes or zoning regulations that may impact the development plans for the property.

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Listed by: Exp Realty, Llc
Source: The World Property Journal

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