INVESTMENT OPPORTUNITY -TEAR DOWN OPPORTUNITY- Prime Manufactured Home Development Opportunity in the Heart of Glenn Heights. Seize this rare chance to acquire 2.73 acres of zoned manufactured home property in one of the DFW Metroplex's fastest growing suburban corridors. At current zoning density, this site comfortably accommodates 15-16 manufactured home lots (including drives and common areas), with the potential to push higher depending on city approval. With median lot rents in the Glenn Heights-DeSoto-Midlothian corridor ranging from $450-$900 per month a fully stabilized community on this site represents $81,000 - 172,800 in gross annual rent - a compelling profile for developers and park operators alike. There is a current home on site tenant occupied month to month until purchased. Showings are to be set up with listing agent. 1 mile from new loop connecting to 35.
| MLS # | 21265310 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1962 |
| Days On Site | 104 |
| Listing Provided By | INC Realty, LLC | Donna Watson |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 2,126 |
| Story(s) | 1 |
| Acreage | 2.73 |
| Room Count | 2 |
|---|---|
| Interior Features | Other |
| Appliances | Microwave |
| Fireplace Features | Family Room |
| Construction Materials | Brick |
|---|---|
| Foundation Details | Pillar/Post/Pier |
| Garage Yn | 0 |
|---|---|
| Parking Features | Driveway |
| Utilities | City Sewer, City Water |
|---|
| Unexempt Taxes | 9339 |
|---|---|
| Tax Legal Description | WILLIAM RAWLINS ABST 1205 PG 215 TR 28 ACS 2. |
| State | TX |
|---|---|
| County | Dallas |
| City | Glenn Heights |
| Zip Code | 75154 |
| Area | Dallas |
| School District | Desoto ISD |
| Elementary School | Moates |
| High School | Desoto |
| Listing VS Median (in NA) | |
Price: $550,000 low | high Med: $492,500 sqft: 2,126 low | high Med: 2,218 $ / sqft: $259 low | high Med: $235 On site: 104 low | high Med: 561 | |
| State | TX |
|---|---|
| County | Dallas |
| City | Glenn Heights |
| Zip Code | 75154 |
| Area | Dallas |
| School District | Desoto ISD |
| Elementary School | Moates |
| High School | Desoto |
| Listing VS Median (in NA) | |
Price: $550,000 low | high Med: $492,500 sqft: 2,126 low | high Med: 2,218 $ / sqft: $259 low | high Med: $235 On site: 104 low | high Med: 561 | |