299 Brashear Texas 75420 Lone Oak, TX 75453
This exceptional 5,100 sq ft multifamily property in Brashear, Texas, presents a unique investment opportunity. Situated on 52 acres, this Class A property boasts two buildings, each a single-story structure, built in 2003. The main house features an open-plan kitchen with island seating, a wood-burning fireplace in the living room, a primary suite with three closets, dual vanities, an oversized shower, a jacuzzi tub, and a separate water closet. A converted garage provides bonus space, ideal for a formal dining room or additional living area. The property also includes a second primary bedroom with its own full bath. Recent updates include new toilets, fresh paint, updated AC units, ceiling fans, and stained patios. A substantial 60x40 shop, equipped with 220-volt electric, water, and sewer hookups, and featuring 14-foot pass-through doors, offers ample workshop or business space. Additionally, a dedicated RV or small home site includes its own electric, water, and sewer hookups. The property features a new concrete driveway, electric entry gate, and full perimeter and cross fencing. Located just 20 minutes from Emory or Sulphur Springs, this property offers a tranquil setting with significant rental income potential, making it an ideal investment for discerning buyers. The property is not located within city limits. Two units are available, each with its own pad, totaling 5,100 square feet of net rentable space.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.