Waxahachie, TX 75165,3838 S Highway 287
$1,550,000
Est. payment /mo
11,625 SqFt
Active Under Contract

3838 S Highway 287 Waxahachie, TX 75165

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Kimberly Fowler

Kimberly Fowler

RE/MAX ROYA, Premium & Luxury Homes

+1(254) 733-1395

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Key Details

Property Type Commercial

Sub Type Warehouse

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 11,625 sqft

Price per Sqft $133

Subdivision Bosarge Estates

MLS Listing ID 20225120

HOA Y/N No

Year Built 2000

Annual Tax Amount $12,000

Lot Size 2.000 Acres

Acres 2.0

Property Sub-Type Warehouse

Property Description

Great investment property for sale, with a net operating income of roughly 113k, taxes being approximately 12K and Insurance being 4,200k. Cap Rate is 7.225%
Currently used by a mobile auto repair service. Contract expires in October 2026.

Location

State TX

County Ellis

Zoning commercial

Direction From Waxahachie take highway 287 south to Ennis. Property will be on the Right.

Interior

Heating Central, Electric

Cooling Central Air, Electric

Flooring Concrete

Inclusions Land & Improvements

Fireplace No

Exterior

Parking Features Driveway

Utilities Available Septic Available

Roof Type Metal

Building

Story 1

Foundation Slab

Sewer Aerobic Septic

Others

Tax ID 303114

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20225120


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agent

Kimberly Fowler

+1(254) 733-1395

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3838 S Highway 287