$150,000
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15076 Fm 455 Decatur, TX 76234
10 Acres Lot
Key Details
Property Type Commercial
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
Subdivision H Bell Surv Abs #47
MLS Listing ID 14443530
Sold Date 10/30/20
HOA Y/N None
Year Built 2004
Annual Tax Amount $5,398
Lot Size 10.000 Acres
Acres 10.0
Property Description
10 Acres of INCOME PRODUCING LAND! Seller has leased the property to tenants for a 20 year lease agreement and is currently in year 3. Tenants pay $1,331 per month in rent, rent increases 10% every three years per the lease agreement, scheduled to increase in November of this year. No survey available, but we do have the final plat. Tenants lease the rights to use two salt water disposal wells. There is also a lined frac water pond and a water well into the trinity that has a 5hp pump. The sales price includes the rights to everything View it today before it's gone!
Location
State TX
County Wise
Zoning Not Zoned
Direction Go I-35 towards Sanger. Exit for FM 455. Turn and drive west on FM 455. Property will be on your right with sign on lot. Listing is for 10 acres behind the building at the front.
Exterior
Utilities Available None, Private Sewer, Private Water, Well
Garage No
Building
Lot Description Interior Lot
Schools
Elementary Schools Slidell
Middle Schools Slidell
High Schools Slidell
School District Slidell Isd
Others
Restrictions None
Ownership Of Record
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash
Special Listing Condition Aerial Photo
Read Less
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Bought with Betsy Woods • Parker Properties