Property Details for 20891 Texas Highway 11

Year built

2019

Lot size

1.90 lot acres

Property size

4,220 SF

Property type

Commercial real estate

Description

This exceptional commercial property in Winnsboro, Texas, presents a lucrative investment opportunity with multiple income-generating assets. The 1.9-acre lot boasts 4,220 square feet of developed space, including a 1,500-square-foot barndominium featuring 1.5 bathrooms, a full kitchen, living area, and central heating and air conditioning. The barndominium also includes an 18x50 enclosed pull-through storage-garage. Further enhancing the income potential are two 18x50 covered concrete RV storage units equipped with 50-amp and 120-amp hookups. A total of 60 storage units are available, comprising thirteen 9x10 units, nine 8x40 units, and thirty-eight 8x20 units. Five residential units, ranging from 650 to 830 square feet, each offer one bedroom, one bathroom, a living area, full kitchen, washer/dryer hookups, two air conditioning units, and 240-amp service. Each apartment includes two covered parking spaces and two uncovered spaces. An income-producing billboard adds to the property's revenue streams. The property features a full aerobic septic system and over 400 feet of frontage on State Highway 11, providing excellent visibility. Located just 25 minutes from Sulphur Springs and Interstate 30, this property benefits from its proximity to thriving communities with access to hospitals, schools, shopping, dining, and state-recognized farmers markets. High-speed fiber internet is available on-site. The property enjoys a 90-100% occupancy rate, ensuring consistent cash flow. This is an ideal investment for those seeking a diversified and high-return portfolio addition. Located east of Dallas, Texas.

Location Insight

City

Winnsboro

County

Hopkins

State

Texas

Longitude

-95.3152

Latitude

32.98