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Key Details
Property Type Single Family Home
Sub Type Multiple Single Units
Listing Status Active Option Contract
Purchase Type For Sale
Subdivision Md Dicky
MLS Listing ID 21217452
Bedrooms 29
Full Baths 19
HOA Y/N None
Lot Size 6.000 Acres
Acres 6.0
Property Sub-Type Multiple Single Units
Property Description
Infrastructure enhancements include underground internet service through Johnson County Electric Cooperative, supporting modern tenant needs. Nine of the ten homes feature metal roofs, reducing long-term maintenance concerns and improving durability. Established rental income with value-add potential through operational improvements, rent optimization, or future site expansion. Positioned in a growing market with continued demand for affordable housing, this asset presents an ideal opportunity for investors seeking stable returns and portfolio growth. Convenient access to major thoroughfares enhances tenant accessibility while maintaining a desirable rural setting. Rare chance to acquire a scalable manufactured housing investment with immediate income and future appreciation potential
Location
State TX
County Johnson
Community Other
Direction Stay on US-287 South toward Alvarado. Take the exit for FM 917, County Road 616 area. Turn onto FM 917 heading toward Lillian. Turn onto County Road 616. Continue down CR 616, the property will be on your route near 4612 County Road 616.
Interior
Interior Features Other
Heating Electric
Cooling Electric
Flooring Other
Fireplaces Type None
Appliance Dishwasher, Electric Range, Microwave
Heat Source Electric
Exterior
Exterior Feature Awning(s), Balcony
Pool Other
Community Features Other
Utilities Available Co-op Water, Dirt, Septic
Roof Type Metal,Other
Garage No
Building
Lot Description Acreage, Cleared, Few Trees
Story One
Foundation Other
Level or Stories One
Structure Type Aluminum Siding
Schools
Elementary Schools Alvarado N
High Schools Alvarado
School District Alvarado Isd
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Aerial Photo
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21217452
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