9280 Co Rd Talco, TX 75487
This exceptional 14.04-acre property in Talco, Texas, presents a unique investment opportunity. The 917 sq ft apartment building, completely renovated in 2024, boasts 3 bedrooms and 1 bathroom. A new roof was installed in August 2024, ensuring long-term value. The property includes a 2-car garage with potential for expansion, plus additional outbuildings: a carport, barn with stalls, storage shed, and livestock shelters. The expansive land features three ponds, pastureland with barbwire fencing, and space for gardening, making it ideal for various uses. The central electric heating and cooling systems are efficient and reliable. Interior features include carpet and vinyl flooring, and a smoke alarm. Located in Southwest Talco, this property offers a peaceful country setting while remaining conveniently close to Mt. Vernon and within the Mt. Vernon school district. The asking price is $297,500. This multifamily property offers a blend of residential comfort and agricultural potential, making it a compelling investment. The property was built in 1980 and offers ample parking for two vehicles.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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