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Income Property Real Estate Listings
Texas Real Estate
Commercial & Residential Investment Properties for Sale
• Apartment Buildings • Rental Homes &
Condos • Office & Retail Buildings • Hotels
& Motels
• Mobile Home Parks • Vacation Rentals
Texas Real Estate Listings
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List an Income Property Now!
Azle, Texas
Single-wide mobile home on approximately 1/4 acre corner wooded lot, two
blocks from Eagle Mountain Lake near Fort Worth, Texas. Rents for $500 per
month. 2 bedrooms & 2 baths. Taxes are $550 per year. Tenant pays all
the utilities.
Asking Price $24,800. SOLD!
Ann Chapman
972-675-4683 (phone)
annchapman75044@yahoo.com
My Web-Site
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Corpus Christi, Texas
12 acres of investment property located on Mustang Island in Corpus Christi, Texas. 300 feet of water front & 300 feet of frontage on road. Highrise possibilities or possibilies of 50 lots. Great opportunity in a thriving community.
Asking Price $1,500,000.
Norman Brown
978-663-0035 (phone)
nbiv@yahoo.com
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Dallas, Texas
1501 Beaumont
Beaumont Lofts. 4-units plus 2 storage units. Constructed in 1926.
10% cap rate. Large units - 2,000 sq. ft. Nice interiors.
Asking $371,000. SOLD!
David Shaffer
Marcus & Millichap
14185 Dallas Parkway Suite 980
Dallas, TX 75240
972-980-4800 (phone)
972-490-1501 (fax)
dshaffer@marcusmillichap.com
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Dallas, Texas
3205 Rosedale Ave.
This duplex brick building was built in 1930 & it has 2 unit(s)
and is approximately 2770 sq. ft. Unit 1 has 2 bedroom(s), 1 full bath(s)
& is approximately 1370 sq. ft. Unit 2 has 2 bedroom(s), 1 full bath(s)
& is approximately 1400 sq. ft. The property is located on .18 acre(s).
MLS#: 9437459
Asking Price $465,000. SOLD!
Christopher Jeffries
Park Crest Realty Group
214-520-3100 x23 (office)
214-850-4977 (cell)
cjeffries@parkcrestrealty.com
My Web-Site
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Dallas, Texas
45,000 sq. ft. North Dallas building has an NOI of $350,000.
Owner does not collect pass throughs on leases, and rents
space $1 to $2 under market. 100% leased . . . Great upside
for a B+ building!
Asking $4,100,000.
Thomas J. Reif
Reif & Associates Inc.
P.O. Box 796157
Dallas Texas 75379
972-370-6011 (phone)
972-370-6013 (fax)
214-213-1098 (cell)
T11@gte.net
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Denton, Texas
NNN lease with no Landlord maintenance. Johnny Carino’s Country Italian Kitchen is a casual,
full service Italian concept. Texarkana serves a 19 county area. The medical
community estimates that they serve a 300,000+ population. Prime location across
from the mall on I-30 service road next to Ta Molly's, Cracker Barrel & fronting two motels. St. Michaels hospital is located just to the east.
Asking $2,424,000.
Dan Lindsey, Tom Fouts Realtors, Inc.
940-382-1541 (phone)
940-382-1544 (fax)
lanvest@juno.com
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Farmers Branch, Texas
The Quebec House is a 96-unit, garden-style apartment complex,
in an excellent location. This apartment complex offers easy access
to the Dallas North Toll Road, is in close proximity to 3 major shopping
malls, & is next to the Metro Office Park 7 the Summit Hotel. However,
the real value may be in the land & the LBJ Freeway exposure. The
property is situated on a 3 1/2 acre lot & could be rezoned for
a higher use such as an extended stay motel.
43 One Bedroom Units - 650 Sq. Ft. each - $589/month
46 Two Bedroom Units - 940 Sq. Ft. each - $669/month
7 Three Bedroom Units - 1050 Sq. Ft. each - $859/month
Asking Price $4,000,000.
Christine Morrison
P.O. Box 2453
Olympic Valley, CA 96146
530-581-3800 (phone)
530-248-3311 (fax)
christyk@onemain.com
My Web-Site
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Fort Worth, Texas
96-units . . . 12% cap . . . Net of $267,000. Great location & good
condition! More than $95,000 in capital improvements over the past
year. Rents & occupancy stabilized at 95%, with upside. Loan assumption
of $1,400,000 & owner will carry a 2nd mortgage.
Asking Price $2,250,000. Owner
will consider some financing.
Ron Largent
530-221-9672
800-829-3550
largent@shasta.com
My Web-Site
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Fort Worth, Texas
146-unit complex (Inway Village) located near I-30 &
I-820 intersection. Operated as an all-bills paid property, catering to
the tenant profile within the immediate area. The complex has consistently
enjoyed high occupancy with little turnover. Constructed in the 1960's,
the property consists of two-story apartment buildings, all constructed
of wood frames with a combination of brick veneer & wood siding. The
utilities are master metered, utilizing a two-pipe chilled water &
boiler system. The current ower has completed numerous capital improvements
over the last 24 months. Inway Village is a clean, quiet apartment community
that offers several floor plans to choose from. In addtion, the units
have received new appliances, blinds, paint, & flooring where needed.
The complex also has a pool & a renovated laundry room. Annual
rent potential is $857,280 & the annual total expenses are $392,400.
Cap rate is 13.5%.
Asking Price $3,400.000. Financing
at present: Assumeable with a lockout through April 2006. Balance of $2,000,000
@ 7.65%, 30 year amortization. Cash to existing, & seller may carry
a second.
Ron & Curt Largent
530-221-9672
800-829-3550, ext. 272
largent@shasta.com
My Web-Site
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Garland, Texas
9 residential houses all in a 15 - 20 mile radius. Current tenants.
Houses built in the 1970's. Average sq. ft. 1238. Average monthly rent $713.
Two (2) houses are located in Richardson, Texas. All the houses are either
3 or 4 bedrooms & all but one has 2 baths (the other one has 1.5 baths).
Total taxes $25,353. Tenants pay all the utilities.
Asking Price $855,000. SOLD!
SOLD!
Bryan Properties
918-830-9999
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Houston, Texas
40-Unit Garden Style
2-Story Apartment Building
Rustic Glen Apartments is a 2-story 40-unit garden style apartment
(four contiguous buildings surrounding a courtyard) situated on 0.95 acre
between another apartment complex and a neighborhood of single family
homes. It is bounded on 3 sides by city streets, with only one street
carrying most through-traffic. Construction is circa 1965 brick veneer
with a flat roof. All units have 1 bath; most have 2 closets; many
have 1 or 2 large walk-in closets. Most have faux fireplaces and built-in
book shelves. There are thirty-six 1BR, two 1 1/2BR, and two 2BR units
ranging in size from about 650 to 890 sq ft.
Upgrades to the property have been made in the last two years: new roof
and 40 central A/Cs, appliances, kitchen counter tops and sinks,
flooring, new laundry and drink vending machines, and perimeter security
lighting. Electricity is individually metered. Water is included in the
rent. Basic cable TV is provided free by Time-Warner.
It is located about 6 miles north of Houston, TX just 3 blocks east of
Interstate 45 and 2 blocks south of Parker Rd. Public transportation
stops are nearby and access is easy to IH-45, SH-59, Loop 610 and the
Sam Houston Beltway. The area is undergoing revitalization, with
improved streets, new stores, motels, etc. Large retail businesses and
medical facilities have long been successful within blocks.
Taxes are about $12,628 per year. Property has 42 off-street parking spaces.
Property is to be sold “AS IS” without any expectation of repairs.
Some units need to be repaired due to roof leaks.
Asking Price $750,000. SOLD!
Roger Barlow
r.barlow@earthlink.net
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All information provided by the listing agent/broker or
by the seller is deemed reliable, but is not guaranteed and should
always be independently verified.
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