Super Rare Income producing property that sits on 5 acres with 13 one bedroom one bath units, covered parking, a barn with living quarters, small storage buildings, piped fencing for livestock, and more. All units are currently leased and there is extra space to build additional living quarters and storage buildings. The property is located partially inside the city limits and has city water, and a conventional septic system. Great Investment Opportunity that will not last long! A list of rental income available upon request.
This new construction duplex is perfect for investors! Each unit is 3 bedrooms and 2 full bathrooms with a loft that can be used as a second living room, Gameroom, or office. Each unit has its own fenced yard to the side. Don't wait too long, you may miss out!
Introducing 2.14 acres of unrestricted land featuring an income-producing duplex with tenants already in place, offering immediate revenue. Located just 2.5 miles from Gainesville city limits on a paved road, each unit consists of a one-bedroom, one-bathroom layout. The property is equipped with an aerobic septic system and a Woodbine water meter, ready for expansion. The extra space behind the duplex provides potential for conversion into a triplex or quadruplex. Additionally, a 20x30, 6-inch concrete slab is in place for further development. Whether you choose to build more units or construct your dream home while enjoying the rental income, this property offers endless possibilities without the constraints of an HOA. Investors, don't miss this hidden gem!!
Gainesville is located in Texas. Gainesville, Texas has a population of 17,146. Gainesville is more family-centric than the surrounding county with 33.07% of the households containing married families with children. The county average for households married with children is 30.6%.
The median household income in Gainesville, Texas is $47,164. The median household income for the surrounding county is $63,338 compared to the national median of $69,021. The median age of people living in Gainesville is 33.8 years.
The average high temperature in July is 94.1 degrees, with an average low temperature in January of 30.5 degrees. The average rainfall is approximately 40.1 inches per year, with 3.2 inches of snow per year.