UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 4,838 sqft
Price per Sqft $262
Subdivision Estates Of Forest Creek Ph V
MLS Listing ID 21006130
Style Traditional
Bedrooms 8
Full Baths 5
HOA Fees $300/ann
HOA Y/N Mandatory
Year Built 1988
Annual Tax Amount $16,055
Lot Size 0.360 Acres
Acres 0.36
Property Sub-Type Single Family Residence
Property Description
Rare investment opportunity to acquire a portfolio of six residential assisted living homes, each previously licensed for 8 private beds. These properties are bank-owned, unlicensed, but fully modified for assisted living use, offering tremendous potential for immediate re-licensure and operation.
Each home has undergone ADA-compliant renovations, including modified bathrooms and accessible living spaces. Most feature extensive remodeling, spacious communal areas, and fully integrated 13R fire sprinkler and alarm systems, meeting key safety standards for licensing.
Whether you're expanding your current operations or entering the growing assisted living market, this portfolio provides a turnkey foundation to quickly launch or scale. Pro forma financials and additional details available upon request. Contact listing agent for full offering information.
Location
State TX
County Collin
Community Sidewalks
Direction SEE GPS
Rooms
Dining Room 1
Interior
Interior Features Built-in Features, Cable TV Available, Cathedral Ceiling(s), Chandelier, Decorative Lighting, Double Vanity, Eat-in Kitchen, Flat Screen Wiring, Granite Counters, High Speed Internet Available, In-Law Suite Floorplan, Kitchen Island, Open Floorplan, Vaulted Ceiling(s), Walk-In Closet(s)
Heating Central, Electric, Natural Gas, Zoned
Cooling Ceiling Fan(s), Central Air, Electric, Multi Units, Zoned
Flooring Luxury Vinyl Plank
Fireplaces Number 3
Fireplaces Type Bedroom, Brick, Family Room, Gas Logs, Living Room, Masonry
Equipment Call Listing Agent
Appliance Built-in Refrigerator, Dishwasher, Electric Cooktop, Electric Oven, Microwave, Double Oven, Refrigerator
Heat Source Central, Electric, Natural Gas, Zoned
Laundry Electric Dryer Hookup, Utility Room, Full Size W/D Area, Washer Hookup
Exterior
Exterior Feature Covered Patio/Porch, Rain Gutters
Community Features Sidewalks
Utilities Available Alley, City Sewer, City Water, Concrete, Curbs, Electricity Connected
Roof Type Composition
Garage No
Building
Lot Description Corner Lot, Few Trees, Landscaped, Lrg. Backyard Grass, Sprinkler System, Subdivision
Story One
Foundation Slab
Level or Stories One
Structure Type Brick,Siding
Schools
Elementary Schools Mathews
Middle Schools Schimelpfe
High Schools Clark
School District Plano Isd
Others
Senior Community 1
Ownership The Mint Nat'l Bank
Acceptable Financing Cash, Conventional, Private Financing Available, Other
Listing Terms Cash, Conventional, Private Financing Available, Other
Special Listing Condition Aerial Photo, Survey Available
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21006130

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As a resident of the Lakewood/East Dallas community Marissa can provide personal insight into our neighborhood. As a native of Dallas, Marissa attended SMU to obtain her business degree from the Cox School of Business, after 10 years in corporate America her experience in negotiating with International firms transfers directly into her real estate business. High Integrity, honesty, and a passion for people make working with Marissa a delight. As a by-referral realtor Marissa is 100% committed to you and your real estate goals. Marissa has extensive sales knowledge in various areas of the metroplex including, but not limited to Lakewood, Preston Hollow, Park Cities, Hollywood Heights, M Streets, and Lake Highlands.