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197 Cr 2302, Rusk, TX 75785
$565,000
197 Cr 2302, Rusk, TX 75785View this property at 197 Cr 2302, Rusk, TX 75785
197 Cr 2302RuskTX75785
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Property Description
Unique Investment Opportunity: 5-Unit Tiny Home Community in Rusk, Texas Calling all Investors! This incredible property offers a chance to own a thriving tiny home community in the charming town of Rusk, Texas. The Property: This established tiny home community boasts 5 well-maintained tiny homes, each thoughtfully designed and move-in ready. Perfect for budget-minded residents seeking a unique living experience, the community fosters a strong sense of togetherness. Income Potential: This income-generating property currently brings in a gross income of $5,000 per month! With individual units typically renting for $1,000 per month in the area, there's potential to further optimize rental income through strategic pricing or adding amenities. Location: Rusk, Texas offers a friendly, small-town atmosphere with a growing appreciation for tiny living. Residents enjoy convenient access to local shops, restaurants, and outdoor activities. The location is perfect for those seeking a peaceful escape while still being close to amenities. Perfect for: Investors seeking a steady income stream with potential for growth Individuals passionate about the tiny home movement and fostering a unique community
Full Property Details
Full Property Details for 197 Cr 2302
General
- Price: $565,000
- Taxes: (NA)
- Status: Active
- Type: Multi-Family
- MLS ID: 24006981
- Updated: 5/22/2024
- Added to Site: 26 day(s) ago
Interior
- Fireplace(s): None
Rooms
Bathrooms
- Total Bathrooms: 4
Parking
- Parking: None
Location
- County: Cherokee
- Subdivision: None
- Driving Directions: 197 CR 2302
School Information
- Elementary School: Rusk
- Middle School: Rusk
- High School: Rusk
Heating & Cooling
- Cooling Type: Central Electric
- Heating Type: Other/See Remarks
Utilities
- Sewer: AerobicSeptic Sys
- Metering: Individual Electric Meter, Individual Water Meters
Structural Information
- Exterior Const.: Wood/ Frame
- Foundation: Pier and Beam
- Square Feet: 1,000
- Sq. Ft. Source: Owner
- Year Built: 2021
Unit Information
Unit 1
- Total Bathrooms: 1.5
- Bedrooms: 2
Unit 2
- Total Bathrooms: 1.5
- Bedrooms: 2
Unit 3
- Total Bathrooms: 1.5
- Bedrooms: 2
Unit 4
- Total Bathrooms: 1.5
- Bedrooms: 2
Lot Features
- Zoning: Single Family
Financial Considerations
- Tax Year: NA
- Terms: Credit Check Required, Conventional, FHA, Cash
- Landlord Pays: Maintenance Repairs
- Tenant Pays: All Utilities
Disclosures and Reports
- Special Conditions: None
Listed by Norton Property Group, Jerry Norton
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Price & Sales History for 197 Cr 2302
Date
Details
Price
Change
Source
5/21/2024
Listed
$565,000
—
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 197 Cr 2302
Year
Property Taxes
Change
Tax Assessment
Change
2022
$384
—
$43,570
14%
2022
$384
87%
$38,310
8%
2021
$205
—
$35,340
—
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 197 Cr 2302
197 Cr 2302, Rusk, TX 75785 (MLS# 24006981) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 197 Cr 2302 is currently listed for $565,000 and was received on May 21, 2024. Want to learn more about 197 Cr 2302? Do you have questions about finding other Multi-Family real estate for sale in Rusk? You can browse all Rusk real estate or contact a Coldwell Banker agent to request more information.