Address
430 S Seven Points Drive Kemp, TX
Price
$ 179,900
Property Attributes
  • MLS#14184104
  • TypeCommercial
  • CountyHENDERSON
  • CityKemp
  • AreaHENDERSON COUNTY
  • NeighborhoodMuckleroy
  • Zip75143
  • StyleRetail
  • Year Built1987
  • Taxes3649
  • Price$ 179,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6104
  • Lot Size0.81 Acres
Listing Provided Courtesy Of:
Ali Saatsaz with Keller Williams Frisco Stars
Property Description

An income producing commercial space in a growing area W great visibility. Long term tenant W great cash flow. Currently has a positive cash flow with 3 of 4 spaces leased & doubling the income W the fourth space leased. Close proximity to Cedar Creek Lake in Seven Points on highly visible street of Seven Points Blvd-TX 274. Surrounding cities are Krum, Gun Barrel, Malakoff, & Trinidad. Brick building W 9-10 ft. high tile ceiling & metal roof W plenty of parking. Total of 4 spaces, 3 units are already leased & 4th unit W 2600 sq. ft. currently available for lease for $1000 per month. Total potential gross income is $36000 annually W expenses of $9000 resulting in Potential net income of $25,000 annually.

Price History
9/13/2019 Listed $199,000
4/23/2020 10% - $179,900

General Features

Building Use Retail
Ceiling Height 8 to10 Feet
Commercial Features Multi-User, Other
Construction Materials Brick
Flooring Carpet, Concrete, Vinyl
Heating Central Air-Elec, Central Heat-Elec
Listing Area HENDERSON COUNTY (42)
Number Of Leaseable Spaces 4
Number Of Spaces Leased 3
Property Type Commercial
Road Frontage Asphalt, City
Stories 1
Sub Area HENDERSON COUNTY (1)
Subdivision Muckleroy
Tenant Pays Alarm Monitor Fee, Electric, Renters Insurance
Topography Level
Type COM-Sale
Utilities Asphalt, City Sewer, Co-op Water, Master Water Meter
Virtual Tour Url Unbranded https://www.propertypanorama.com/instaview/ntreis/14184104
Year Built 1987
Year Built Details Preowned
Zoning Commercial Com

Interior Features

# of Units 4
Living Area 35284
Sqft Building 6104
Sqft Leasable 6104

Exterior Features

Construction Materials Walls Texture
Foundation Slab
Freight Doors No Dock
Inclusions Land & Improvements
Lot Size Area 0.810
Lot Size Area 0.810
Lot Size Area (acres) 0.810
Lot Size Area (sq Ft) 35283
Lot Size Source Tax
Lot Size Units Acres
Parking Features Common Lot, Front, Open

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 75143

Price
AVG $410K
$180K
Taxes
AVG $4,722
$3,649
Visits
AVG 16
58
Year Built
AVG 1992
1987

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