UPDATED:
Key Details
Property Type Single Family Home
Sub Type Multiple Single Units
Listing Status Pending
Purchase Type For Sale
Square Footage 680 sqft
Subdivision Crescent Heights
MLS Listing ID 21039090
HOA Y/N None
Total Fin. Sqft 680
Year Built 2024
Annual Tax Amount $373
Lot Size 2.104 Acres
Acres 2.104
Property Sub-Type Multiple Single Units
Property Description
This manufactured home park sits directly on Highway 31 between Athens and Malakoff, offering excellent visibility, accessibility, and consistent rental demand. With a mix of rental units, lot leases, and even a cutting-edge 3D concrete printed home, this property is truly one of a kind.
Property Features
8 Units plus Garage (plus 1 vacant pad ready for a home or RV)
City Water & Septic (tenants pay electric; owner covers septic)
5 Units – lot rent only (all occupied)
1 Unit – lot rent and note on manufactured home
1 Unit – 3D Concrete Printed Home (just 1 year old)
Garage – rented for additional income
NOI: $7,000 per yr
Investment Highlights
Multiple income streams on rent, notes, and garage lease
Unique upside with 3D printed housing showcase
Low overhead – tenants handle their own utilities & home upkeep
Prime highway frontage in growing East Texas corridor
Expansion potential – fill the vacant pad for immediate value-add
This property combines stability with growth potential—ideal for investors seeking steady cash flow and long-term upside.
Location
State TX
County Henderson
Direction From Athens Hwy 31 property will be on the left
Interior
Interior Features Other
Heating Other
Cooling Wall Unit(s)
Flooring Concrete
Appliance Electric Range
Heat Source Other
Exterior
Garage Spaces 1.0
Utilities Available Aerobic Septic, City Water
Roof Type Metal
Garage No
Building
Story One
Foundation Slab
Level or Stories One
Structure Type Concrete
Schools
Elementary Schools Malakoff
Middle Schools Malakoff
High Schools Malakoff
School District Malakoff Isd
Others
Ownership APFSDEMM Inc.
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21039090
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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.