$750,000
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5 Acres Lot
SOLD DATE : 04/15/2024
Key Details
Property Type Vacant Land
Sub Type Lot
Listing Status Sold
Purchase Type For Sale
Subdivision Abigail Meadows
MLS Listing ID 4127102
Sold Date 04/15/24
Originating Board actris
Annual Tax Amount $14,467
Tax Year 2023
Lot Size 5.000 Acres
Property Description
Great Investment!!Income producing property with 5 acres of land, a mechanic shop, Tiny house, and a metal building, you have plenty of space and potential subdividing. The fact that it already has electricity and water is a huge plus!
2 acres of land are already being used to lease to 18 wheelers bringing income of $4200 a month you can lease the mechanic shop, you have an additional 2 acres left that haven't been utilized yet. This gives you the opportunity to explore various options for those remaining acres. You could consider expanding the mechanic shop if you find that it's thriving and in need of more space. Alternatively, you could also explore other business ventures or even lease out the land to other businesses or individuals who could benefit from it. The lack of restrictions and zoning on the property is fantastic as it allows for flexibility and creativity in how you choose to use the land. You can explore different ideas and possibilities without being limited by any specific regulations. It's always a good idea to research local regulations and permits to ensure you comply with any necessary requirements, but the absence of zoning restrictions certainly opens up a world of possibilities.
Overall, you have an exciting opportunity with this property. It's always great to have a combination of functional structures, open land, and utilities already in place. No survey available, Agents due your diligence on this property.
Location
State TX
County Hays
Interior
Fireplace N
Exterior
Community Features Creative Office Space, Park
Utilities Available Above Ground
Waterfront No
Waterfront Description None
View Hill Country
Building
Lot Description Cleared, Few Trees, Open Lot
Sewer None
Water Public
New Construction No
Schools
Elementary Schools Camino Real
Middle Schools Armando Chapa
High Schools Lehman
School District Hays Cisd
Others
Restrictions City Restrictions
Acceptable Financing Cash, Conventional, FHA
Tax Rate 13.0
Listing Terms Cash, Conventional, FHA
Special Listing Condition Standard
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Bought with Land Unlimited