2380 Fm 21 Pittsburg, TX 75686
This exceptional retail investment opportunity in Pittsburg, Texas, presents a unique blend of income-generating properties. Located at 2380 FM 21, this 0.96-acre lot features a main retail building and two additional cabins, each offering distinct rental potential. One cabin boasts approximately 600 square feet, complete with a brand new mini-split system (installed 6-10-24, rated for 1350 sq ft), a newer 40-gallon water heater (2021 installation), and a full kitchen equipped with a refrigerator, oven-stove, and microwave. A full bathroom with a stand-up shower, sink, and toilet is also included. The second cabin, measuring approximately 192 square feet, includes a new mini-split system (installed 5-24, rated for 700 sq ft), a queen bed, small bistro set, and a 50-inch television. Water and electric are connected to the main house with separate breakers. A 1500 square foot shop is also present, though interior renovations are incomplete. The property also includes an enclosed carport and a small garden. Note that square footage is based on county tax assessor information, and actual measurements are estimates. This property's proximity to Bob Sandlin, Monticello, and Cypress Springs lakes adds significant appeal. The asking price for this versatile property is $269,900. This is an excellent opportunity for investors seeking a diversified portfolio with immediate income potential and room for expansion. The property was built in 2001.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.