511 Co Rd Canton, TX 75103
This 1,274 sq ft mixed-use property in Canton, Texas, presents a unique investment opportunity. Built in 1962, this home sits on approximately 2 acres and features two bedrooms, one bathroom, and a bonus room with potential for conversion into a third bedroom. The property includes two septic systems, two light poles, and an RV pad with electric and septic hookups, ideal for rental income, especially during the busy First Monday Trade Days. Additional features include a pole barn and a storage building suitable for conversion into a tiny home, further enhancing rental potential. The property's location offers convenient access to the renowned First Monday Trade Days. An artesian well is located nearby, providing access to fresh drinking water. The asking price is $238,000, with a price per square foot of $186.81. This property requires some TLC but offers significant potential for both personal use and rental income generation. The address is 511 Co Rd 2205, Canton, TX 75103.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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