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304 S US Highway 287 Elkhart, TX $ 255,000
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$ 255,000 Get more info
304 S US Highway 287
$ 255,000
Back to search
Share Save

304 S US Highway 287

Elkhart, TX, 75839
$ 255,000
Baths0.0

Monthly Estimate*

$ 1,695

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Studio

Commercial Property for sale in Elkhart, TX

for $255,000. This building was built in 1950 on a lot size of 1.698.

This investment opportunity features a 1.698-acre revenue-generating property on US Hwy 287 (19) in Elkhart, TX. The 1,388 sq ft house, currently vacant, previously rented for $750 per month, with a new roof. Adjacent is a fully occupied 1,000 sq ft storage building with 10 units at $45 per unit per month. Potential for increased revenue through rate adjustments and space for five more buildings or RV park facilities. Prime location along US Hwy 287 enhances visibility and accessibility. Investors can capitalize on existing income, adjust rates, and strategically develop the available space for growth in Elkhart, TX.

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Commercial Active

Price

$ 255,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Industrial

Lot Size

1.698

Year Built

1950

Town/City

Elkhart

County/Region

Anderson

MLS | Web ID

20348823
Features
General
Heating Other
Cooling Zoned
Utilities City Sewer City Water Electricity Available Natural Gas Available Sewer Available
Ceiling Height Other
Possession Closing/Funding
Roof Composition
Year Built 1950
Topography level
Business Type Storage Other
Property SubType Industrial
Subdivision Name na
County Anderson
Property Type Commercial Sale
Construction Materials Frame Wood
Year Built Details Preowned
Status Active
Directions From Palestine south on 287 or 19 toward Elkhart for about 10 miles. Property will be on right at the intersection of 287 & CR1817.
City Elkhart
Buyer Agent Compensation 3
Street Name US Highway 287
Standard Status Active
Buyer Agent Compensation Type %
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Exterior
Waterfront 0
Lot Features Irregular Lot Level
Lot Size Source Appraiser
Parking Features Off Street
Lot Size 1 to < 3 Acres
Foundation Slab
Building Area Total 2388.00
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Interior
Flooring Other
Total Stories 1
Total Units 2
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Internal Only
Street Number 1 304
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* Excluded Features
List By
Dana Staples

Listing Agent

Staples Commercial Group, Llc

Broker

Affordability Calculator

$1,695
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,695
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
288163 Elementary School
288375 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
8/1/2023 $255,000 -7.27% Price Down
6/6/2023 $275,000 Listed Price

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304 S US Highway 287, Elkhart, TX, 75839 is a Commercial Property for sale at $255,000 with a lot size of 1.698. 304 S US Highway 287 is a studio with 0.0 baths and was built in 1950. The property's zip code is 75839 which is in Elkhart, TX

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