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$975,000
21383829 MLS
Turnkey income-producing investment opportunity offering a 10%+ reported cap rate at the current asking price! Seven manufactured homes on two contiguous parcels totaling approximately 3.025 acres in Bridgeport, with approximately $112,800 in gross potential annual rental income and $99,630 in reported net operating income based on current owner-provided expenses. The property offers strong existing cash flow with additional upside. Average rent is approximately $1,343 per home per month at full occupancy, with rents currently below estimated market levels. Month-to-month leases provide a new owner flexibility to gradually adjust rents toward market rates and potentially increase NOI. Each home has its own electric meter and septic system. The homes have been well maintained, creating an attractive turnkey opportunity for an investor seeking immediate income without a significant renovation or repositioning project. The property consists of approximately 2.630 acres plus an adjoining 0.395-acre parcel and is located outside Bridgeport city limits. The approximately 3-acre site may offer potential for additional manufactured homes or future expansion, subject to buyer verification, applicable regulations, utilities, septic requirements, and approvals. Manufactured homes are currently considered separate property and are included with the sale. Both parcels and all seven homes are being offered together in one transaction. An excellent opportunity to acquire an established Wise County rental portfolio with strong current income and additional value-add potential.

6311 Fm 920, Bridgeport

$450,000
3 Beds 2 Baths 21352140 MLS
Welcome to 10682 Highway 377 in Whitesboro, where country living meets convenience. This updated 3-bedroom, 2-bath ranch-style home sits on just over 2 acres, offering plenty of room to spread out while still being just outside of town. The home features a spacious living area and kitchen designed with functionality in mind, creating a comfortable space for everyday living and gathering with the ones you love. The oversized primary bedroom offers plenty of flexibility with room for a reading nook, sitting area, or work-from-home space, while the secondary bedrooms are generously sized. Outside, the property offers room for the entire family to enjoy, with mature pecan trees providing welcome shade throughout the backyard. A major highlight is the approximately 1,500-square-foot insulated shop featuring four roll-up doors and nearly 1,000 square feet of additional covered porch space. The shop is already plumbed with a toilet installed, making it a versatile space for projects, storage, hobbies, or equipment. You'll also find 50-amp service and septic hookups for a camper or RV. With 2.1 acres, no HOA, and a convenient location along Highway 377, this property provides the space and flexibility to store your toys, trailers, equipment, and more while enjoying a little extra room outside of town.

16082 Us Highway 377, Whitesboro

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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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