UPDATED:
Key Details
Property Type Mobile Home
Sub Type Mobile Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,488 sqft
Subdivision Stonegate Park
MLS Listing ID 21137068
Bedrooms 3
Full Baths 1
HOA Y/N None
Year Built 1983
Annual Tax Amount $3,833
Lot Size 5.000 Acres
Acres 5.0
Property Sub-Type Mobile Home
Property Description
The first home offers 3 bedrooms and 1 bathroom, while the second features 2 bedrooms and 1 bathroom. Both homes have new roofs and are separately metered for electricity, which is paid by the tenants. City water services the property, with usage handled between the tenants, and there are two separate septic systems in place.
With no zoning restrictions, this property offers flexibility—continue operating as a rental investment, build a new home, or explore other permitted uses. A county restriction allows one home per 2.5 acres, providing additional development potential.
The property currently generates $1,660 in gross monthly rental income, with both tenants on month-to-month leases, offering flexibility for a new owner.
Owner financing is available with a substantial down payment at 5% interest for 20 years, making this an attractive opportunity to own acreage in a desirable rural setting.
Location
State TX
County Wise
Direction GPS WORKS BEST FROM YOUR LOCATION.
Rooms
Dining Room 0
Interior
Interior Features Cable TV Available
Appliance Electric Range
Exterior
Utilities Available Septic, Well
Garage No
Building
Story One
Level or Stories One
Schools
Elementary Schools Paradise
Middle Schools Paradise
High Schools Paradise
School District Paradise Isd
Others
Acceptable Financing Cash, Conventional, Owner Will Carry
Listing Terms Cash, Conventional, Owner Will Carry
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21137068
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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.