Kemp, TX 75143,430 S Seven Points Drive
$179,900
Est.Price: ?

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6,104 SqFt

430 S Seven Points Drive Kemp, TX 75143

Est. payment /mo
SOLD DATE : 02/25/2021

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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Square Footage 6,104 sqft

Price per Sqft $29

Subdivision Muckleroy

MLS Listing ID 14184104

Sold Date 02/25/21

Total Fin. Sqft 6104

Year Built 1987

Annual Tax Amount $3,649

Lot Size 0.810 Acres

Acres 0.81

Property Description

An income producing commercial space in a growing area W great visibility. Long term tenant W great cash flow. Currently has a positive cash flow with 3 of 4 spaces leased & doubling the income W the fourth space leased. Close proximity to Cedar Creek Lake in Seven Points on highly visible street of Seven Points Blvd-TX 274. Surrounding cities are Krum, Gun Barrel, Malakoff, & Trinidad. Brick building W 9-10 ft. high tile ceiling & metal roof W plenty of parking. Total of 4 spaces, 3 units are already leased & 4th unit W 2600 sq. ft. currently available for lease for $1000 per month. Total potential gross income is $36000 annually W expenses of $9000 resulting in Potential net income of $25,000 annually.

Location

State TX

County Henderson

Zoning Com

Direction Head South on 175, Turn Right on 274, Past W Cedar Creek Parkway, property will be on the left on Seven Points.

Interior

Heating Central, Electric

Cooling Central Air, Electric

Flooring Carpet, Concrete, Vinyl

Heat Source Central, Electric

Exterior

Utilities Available Asphalt, City Sewer, Co-op Water, Master Water Meter

Roof Type Tar/Gravel

Street Surface Asphalt

Parking Type Common, Garage Faces Front, Open

Garage No

Building

Lot Description Level

Foundation Slab

Structure Type Brick

Others

Ownership Owner of Record

Financing Cash

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Ali Saatsaz • Keller Williams Frisco Stars
Bought with Ali Saatsaz • Keller Williams Frisco Stars

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Kevin Sawatsky

Broker | License ID: 0671477

+1(903) 624-1474

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