2820 Us Highway 380, Decatur, TX 76234

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Sold Price
$?
List Price
$2,690,000
Status
CLOSED
Closing Date
May 01, 2026
MLS#
21073972
Subtype
CommercialSale
Construction Status
Preowned
Year Built
2002
Lot Size
119,354
Acres
2.74
Subdivision
JH MOORE

Property Description

380 Eagle’s Nest is a turnkey investment opportunity located just off Hwy 380 in the Decatur ETJ of Wise County. This income-producing property features a tiny home community and storage facility on approximately 3.74 acres, generating $367,920 in gross annual revenue and $282,519 in net income, delivering a 10.5% cap rate. The property includes 16 custom-built tiny homes, each approximately 392 square feet, with full kitchens including a refrigerator, cooktop, oven, and microwave. Homes are not furnished. Water, electric, and trash service are included for tiny homes. A coin-operated laundry facility with Speed Queen commercial equipment is also on-site, adding convenience and additional income. The property offers 50 storage units and 5 parking spaces, with rental rates ranging from $50 to $1000 month. Operated on city water and septic, and located in the county, the site requires no city approvals for improvements or expansion. With low annual expenses of $85,401 and strong demand driven by the Decatur and DFW markets, this is a rare opportunity for stable returns and long-term growth. Aerial imagery is for illustration only. Property boundaries and acreage (approx. 3.74 acres) subject to survey. Sales price is not contingent on exact land size. Property to be sold by metes and bounds description. This property may be purchased individually or together with the adjoining asset as a single turnkey investment. For details on the companion listings, see: Storage Facility – MLS #21073775 and Tiny Home Community – MLS #21073865. Buyers have the flexibility to acquire either asset separately or both as one combined portfolio.

Additional Information

Taxes
$14,616
Flooring
Concrete, Wood
Heating
Electric
Air Conditioning
Electric
Roof
Composition, Metal
Foundation
Slab
Parking Features
Additional Parking, Rv/Boat Parking

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Calculator source: Real Geeks

Listing courtesy of Charles Horton from The Michael Group Real Estate. Contact: 469-363-0209

Selling Office: The Michael Group Real Estate.

Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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