Awesome Commercial Income producing property in very established and growing community at Holly Lake Ranch. The property has road frontage on FM 2869 with extra lot on the road frontage next door which adds plenty of room to grow. This property offers great opportunity for investors. The front building is 4000 sq ft offering 5 rental units. They are currently all rented with tenants that have occupied the units for a length of time, and all have their own water and electric meters. The tenants display a wide diversity of rentals including a Gift/Book store, Office, Restaurant, a Salon and Massage. Out back you will find the sixth rental which is a 2000 sq ft metal building with office and storage, which could accommodate a wide range of different businesses. It also has two carports with 2700 sq ft under roof. Plus, there is a Billboard on the property which brings in income. And don't forget the 1 acre lot next door goes with the property for future expansion. Don't miss your opportunity to add this very flexible property to your portfolio. Schedule a showing today!
Holly Lake Ranch is located in Texas. Holly Lake Ranch, Texas has a population of 2,841. Holly Lake Ranch is less family-centric than the surrounding county with 13.68% of the households containing married families with children. The county average for households married with children is 21.62%.
The median household income in Holly Lake Ranch, Texas is $55,417. The median household income for the surrounding county is $48,038 compared to the national median of $57,652. The median age of people living in Holly Lake Ranch is 65.2 years.
The average high temperature in July is 92.4 degrees, with an average low temperature in January of 32.3 degrees. The average rainfall is approximately 45.7 inches per year, with 1 inches of snow per year.
