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365 Fm 247 Road

Huntsville, TX 77320
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Sold
Sold
$1,082,001 - $1,242,000
Sold on October 29, 2021
543,629 Lot Sqft
Multi-Family - Multiple Detached Dw

Sold Transaction

Donna Pinon represented the buyer on this sold transaction on 10/29/2021

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General Description

A real opportunity to purchase clean, well maintained rental units near Huntsville and Sam Houston State University. The property consist of seven tracts of land containing a total of 12.01 acres. Improvements consist of a 5 unit apartment building, five duplexes and one single-family residence. The rental properties are located at the northwest corner of McAdams Lane & FM 247 (City of Huntsville) and the northwest corner of Pine Hollow Lane & FM 247 (Huntsville ETJ). The units were built in the 60's, 70's and 90's and owned by the same Family since built. There is undeveloped acreage for future expansion on the north and south side of McAdams Lane. The Pine Hollow Lane property consist of three duplexes and one vacant .47 acre lot. The apartments are all occupied except for one that is being cleaned at this time on McAdams Lane.

MLS#
17611057
Sold Price Range
$1,082,001 - $1,242,000
Listing Status
Sold
Address
365 Fm 247 Road
City
Huntsville
State
TX
Zip Code
77320
County
Walker County
Subdivision
None
Legal Description
PARKER W (A-37), TRACT 41.4, ACRES 2.88
Property Type
Multi-Family - Multiple Detached Dw
Stories
2
Year Built
1968 / Appraisal District
Lot Size
543,629 Sqft./Appraisal District
Market Area

Exterior

Roof
Composition
Exterior Type
Brick, Wood
Lot Description
Cleared
Parking
Carport Parking
Parking Unit
One
Unit Location
Cleared

Financial

Financing Considered
Cash Sale, Conventional
Other Fees
No
Maintenance Fee
No
Taxes w/o Exemp
$627/2020
Tax Rate
1.9384

Additional information

List Type
Exclusive Agency to Sell/Lease
Buyer Agent Compensation*
3.0%
Sub Agent Compensation*
3.0%

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Interior

Floors
Carpet, Laminate, Tile
Cooling
Central Electric
Heating
Central Electric
Energy Feature
Ceiling Fans

Lot Information

Lot Size
543,629 Sqft. /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy
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Source

Houston Association of REALTORS
Source last updated May 14, 2024 at 11:47 PM
Listing last updated Nov 08, 2021 at 04:14 PM

Property tax

Cost/Sqft based on tax value

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Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

DOWN PAYMENT
Loan Term
$-----
$-----
Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Assigned schools

Nearby schools view nearby schools

Subdivision Facts

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