TX > Decatur > Jh Moore
Decatur, TX 76234,2820 US Highway 380
Decatur, TX 76234,2820 US Highway 380
Decatur, TX 76234,2820 US Highway 380
Decatur, TX 76234,2820 US Highway 380
Decatur, TX 76234,2820 US Highway 380
Decatur, TX 76234,2820 US Highway 380
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Dave Budny

Dave Budny

+1(214) 755-7045
$ 2,690,000
Est. payment | /mo

2.74 Acres Lot

Save Virtual Tour
$ 2,690,000
Est. payment | /mo
Save Virtual Tour

2.74 Acres Lot

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Subdivision Jh Moore

MLS Listing ID 21073972

Total Fin. Sqft 19126

Year Built 2002

Annual Tax Amount $14,616

Lot Size 2.740 Acres

Acres 2.74

Property Sub-Type Business

Property Description

380 Eagle's Nest is a turnkey investment opportunity located just off Hwy 380 in unincorporated Wise County. This income-producing property features a tiny home community and storage facility on approximately 3.74 acres, generating $367,920 in gross annual revenue and $282,519 in net income, delivering a 10.5% cap rate. The property includes 16 custom-built tiny homes, each approximately 392 square feet, with full kitchens including a refrigerator, cooktop, oven, and microwave. Homes are not furnished. Water, electric, and trash service are included for tiny homes. A coin-operated laundry facility with Speed Queen commercial equipment is also on-site, adding convenience and additional income. The property offers 50 storage units and 5 parking spaces, with rental rates ranging from $50 to $1000 month. Operated on city water and septic, and located in the county, the site requires no city approvals for improvements or expansion. With low annual expenses of $85,401 and strong demand driven by the Decatur and DFW markets, this is a rare opportunity for stable returns and long-term growth. Aerial imagery is for illustration only. Property boundaries and acreage (approx. 3.74 acres) subject to survey. Sales price is not contingent on exact land size. Property to be sold by metes and bounds description.

Location

State TX

County Wise

Zoning unincorporated

Direction google maps is accurate.

Interior

Heating Electric

Cooling Electric

Flooring Concrete, Wood

Heat Source Electric

Exterior

Utilities Available Aerobic Septic

Roof Type Composition,Metal

Garage No

Building

Lot Description Acreage

Foundation Slab

Structure Type Metal Siding,Wood

Others

Ownership G1L1

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21073972

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Listed by Charles Horton • The Michael Group Real Estate

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Dave Budny
Dave Budny

Broker Associate | License ID: 0660042

+1(214) 755-7045

931 Poteet Cir, Waxahachie, Texas, 75165, United States

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