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12750 Cr 1254, Flint, TX 75762
$6,600,000
12750 Cr 1254, Flint, TX 75762View this property at 12750 Cr 1254, Flint, TX 75762
12750 Cr 1254FlintTX75762
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Property Description
GREAT INVESTMENT OPPORTUNITY IN THE GORGEOUS AND GROWING EAST TEXAS! Developers, seize the high-demand rental market with this 28-unit duplex development built 2021-2022! Each 3/2 unit features 1,440 sq ft, fenced backyards, granite countertops, and concrete floors for easy maintenance. Average rent of $1,650, generating a cap rate of 6.4%. Energy-efficient construction and sprinkler systems minimize costs. There's space to build 4 more buildings (dirt work already done) with the builder on stand by willing to build them. Situated in a highly desired school district - Owens/Three Lakes/Legacy. Contact us today to explore this turn-key investment opportunity in a prime location with limited rental options! (Additional details available upon request).
Full Property Details
Full Property Details for 12750 Cr 1254
General
- Price: $6,600,000
- Status: Active
- Type: Apartment
- MLS ID: 24002013
- Updated: 2/14/2024
- Added to Site: 74 day(s) ago
Parking
- Parking: Street
Location
- County: Smith
- Driving Directions: Head North on Toll Rd 49 from Hwy 155 in Noonday. Exit onto CR 1257 and head west. Turn right on CR 1254 to head north. Development is on the left.
Heating & Cooling
- Cooling Type: Central Electric
- Heating Type: Central Electric
Utilities
- Sewer: Aerobic Septic Sys
Structural Information
- Exterior Const.: Brick and Wood
- Square Feet: 1,440
- Sq. Ft. Source: Builder
- Year Built: 2021
- Year Built Source: SCAD
Lot Features
- Lot Size (Acres): 10.368
- Lot Size Source: SCAD
- Lot Dimensions: 10.368 acres
- Potential Use: Apartments
- Zoning: Multi Fam Dwlling 1 Story
Financial Considerations
- Tenant Pays: Electric, Water, Cable
Listed by Keller Williams Realty-Tyler, Denice Smith
Get Pre-Approved Today
Schools
Schools serving 12750 Cr 1254
School District:Tyler Independent School District
Rating | Name | Grades | Distance |
---|---|---|---|
11780 County Road 168, Tyler, TX 75703 | PK-5 | 5.7 mi | |
2445 Three Lakes Pkwy, Tyler, TX 75703 | 6-8 | 5.2 mi | |
4500 Red Raider Dr, Tyler, TX 75703 | 9-12 | 7.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 12750 Cr 1254
Date
Details
Price
Change
Source
2/14/2024
Listed
$6,600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 12750 Cr 1254
Year
Property Taxes
Change
Tax Assessment
Change
2023
$81,830
125%
$5,951,456
157%
2022
$36,392
2811%
$2,318,354
3040%
2021
$1,250
13%
$73,833
14%
2020
$1,108
4%
$64,815
12%
2018
$1,062
22%
$58,104
22%
2017
$867
2%
$47,627
—
2015
$852
—
$47,627
—
2014
$852
-17%
$47,627
-18%
2019
$1,025
21%
$58,104
22%
2013
$849
—
$47,627
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 12750 Cr 1254
12750 Cr 1254, Flint, TX 75762 (MLS# 24002013) is a Apartment property. 12750 Cr 1254 is currently listed for $6,600,000 and was received on February 14, 2024. Want to learn more about 12750 Cr 1254? Do you have questions about finding other Apartment real estate for sale in Flint? You can browse all Flint real estate or contact a Coldwell Banker agent to request more information.