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Property profile & analytics
OFF-MARKET
Apartment buildings

9280 Co Rd Talco, TX 75487

917 SF 14.04 ac lot Built 1980
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Apartment buildings
Year built 1980
Total area 917 SF
Lot 14.04 ac (611,582 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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