Listing provided courtesy of OnTrack Realty LLC- MLS# 21281691MLS ProviderContact Information: Robert Bruce - 214-676-6400

1140 CR 1712Grand Saline, TX 75140

Multi-Family · 5 Beds · 4 Full Baths · 798 Sq. ft. | 9.74 Acres
$585,000 Active

1140 CR 1712 Overview

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Income-producing East Texas acreage featuring three separate residential dwellings situated on 9.743 acres. Property includes a recently constructed cottage built in 2022 with one bedroom plus loft space suitable for a second sleeping area, a detached 1-bedroom, 1-bath cabin residence, and a 2-bedroom, 2-bath manufactured home that has recently been painted with updated carpet. Combined, the property offers approximately 5 bedrooms and 4 full bathrooms across the three residential units. Two units are currently tenant occupied with established rental income totaling approximately $3,200 per month. The cottage and manufactured home each maintain separate electric service accounts, while utilities for the cabin are currently owner paid. Property is serviced by a shared private well, and each dwelling has its own separate septic system. Country living at its best. The acreage features a mix of cleared open areas, mature East Texas hardwood and pine trees, and wooded sections providing privacy and scenic surroundings year round. Deer and other wildlife are frequently visible on the property during morning and evening hours. Additional improvements include two ponds, a fenced garden area, detached well house, and a large 48’ x 13’ workshop building with space suitable for tractor, mower, equipment, or general storage use. A long zip line is installed in the pine forest behind the blue cottage at the back of the property. Located outside city limits with convenient access to Grand Saline and Interstate 20, the property is approximately one hour from the East Dallas area while still offering a private rural setting. Property offers flexibility for continued investment use, owner occupancy with supplemental rental income, or multi-generational living. Buyer to independently verify schools, taxes, acreage, and square footage.

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1140 CR 1712 Facts & Features

  • Type Multi-Family
  • Sq. ft. 798
  • Price/Sq.ft. $733
  • Lot 9.74 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Grand Saline ISD
  • Elementary School: Grand Saline
  • Middle Or Junior School: Grand Saline
  • High School: Grand Saline

Income/Expenses

  • Gross Income: 38400.0
  • Insurance Expense: 2017.0
  • Net Operating Income: 20484.0
  • Operating Expense Includes: Capital Improvements,Insurance,Maintenance Grounds,Manager,Maintenance,Professional Management,Utilities

Building Information

  • Year Built: 2022
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: Van Zandt
  • Postal City: GRAND SALINE
  • Subdivision Name: NONE

Community/Development

  • Community Features: Community Mailbox

Tax Information

  • Tax Annual Amount: 725.0

General Information

  • Disclosures: Accessory Dwelling Unit,Easement(s),Familial Relation
  • Exclusions: Equipment will be sold separately. Tractor. Zero turn mower.
  • Listing Terms: Cash,Conventional,Contract,FHA,See Agent,VA Loan
  • Parcel Number: R000113238
  • Property Type: Residential Income
  • Senior Community: No

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Bathrooms Total: 4
  • Bedrooms Total: 5

Building Interior

  • Building Area Source: Owner
  • Building Area Total: 798.0

General Information

  • Appliances: Dryer,Dishwasher,Disposal,Gas Range,Gas Water Heater,Microwave,Refrigerator,Vented Exhaust Fan,Washer
  • Basement: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Carpet,Engineered Hardwood,Linoleum
  • Foundation Details: Slab
  • Interior Features: Built-in Features,Cathedral Ceiling(s),Decorative/Designer Lighting Fixtures,Eat-in Kitchen,High Speed Internet,Loft,Open Floorplan,Pantry,Cable TV,Natural Woodwork
  • Levels: One
  • Security Features: Carbon Monoxide Detector(s),Smoke Detector(s)
  • Stories: 1
  • Window Features: Window Coverings

Exterior

Parking Information

  • Parking Features: Additional Parking,Driveway,Guest,Gravel,No Garage,On Site,Off Street,Outside,Oversized,Parking Lot,Private,RV Access/Parking,Shared Driveway,See Remarks
  • Parking Total: 9.0

Lot Information

  • Lot Features: Acreage,Back Yard,Cleared,Hardwood Trees,Lawn,Level,Native Plants,Pasture,Pond on Lot,Ravine,Many Trees,Sloped,Wooded
  • Lot Size Acres: 9.743
  • Lot Size Area: 9.743
  • Lot Size Dimensions: 409 x 1024 x 415 x 1025
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 424405.08
  • Lot Size Units: Acres
  • Number Of Buildings: 4
  • Road Surface Type: Dirt,Gravel
  • Vegetation: Brush,Pine
  • Water Source: Community/Coop,Private,Well

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: No
  • Construction Materials: Fiber Cement,Frame
  • Patio And Porch Features: Covered
  • Roof: Metal

General Information

  • Carport Spaces: 2.0
  • Carport: Yes
  • Covered Spaces: 2.0
  • Exterior Features: Barbecue,Fire Pit,Garden,Lighting,Other,Private Entrance,Private Yard,Storage
  • Fencing: Barbed Wire,Front Yard
  • Number Of Units Total: 3
  • Pool Features: None
  • Sewer: Aerobic Septic,Private Sewer
  • Utilities: Electricity Available,Electricity Connected,Natural Gas Available,Propane,None,Sewer Available,Septic Available,Separate Meters,Sewer Not Available,See Remarks,Underground Utilities,Water Available,Cable Available

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1140 CR 1712 Market Data

Based on the last 30 days in this zip code

$450,394
Average List Price
$242
Average Price per Square Foot
11
Properties Sold
118
Average Days on Market
90
Properties for Sale
Calculations provided by Reliance Network


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