For Sale
$699,900

5543 Us-380 Caddo Mills, TX 75135

3.6-acre mixed-use investment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
131
Exceptional 3.6-acre commercial and residential land parcel situated at the high-traffic intersection of US-380 and FM 2748 in Caddo Mills, Texas (75135). This property boasts significant highway frontage, presenting a compelling investment opportunity with immediate income potential. Currently improved with a single-family home generating approximately $900 monthly rent and an additional RV space yielding $300 per month, providing a steady cash flow stream. The property is zoned for open use, allowing for diverse development options, subject to county approval. The existing structures are sold "as is." Surrounding development features the construction of new, upscale homes, indicating strong future growth potential. This presents a unique chance to hold for future appreciation while enjoying current rental income. Detailed financial records will be provided upon execution of a purchase agreement. Owner financing is available with a 30% down payment, contingent upon a satisfactory credit report. The property consists of one single-story building on a 3.6-acre lot. The current leases are net leases with two tenants, a three-year term commencing April 1, 2022, and expiring March 31, 2025, leaving approximately 0.4 years remaining.

Highlights

  • $699,900 asking price.
  • 3.6-acre lot with Hwy 380 frontage in Caddo Mills, TX.
  • Mixed-use zoning potential (commercial or residential).
  • Currently generating approximately $1,200 monthly income from existing rental property.
  • Owner financing available with 30% down payment, subject to credit approval.

Property Details for 5543 Us-380

Property type
Mixed-use properties, Land
Buildings
1
Stories
1
Lot Size (sq. ft)
156,816 SF

Location Insight

City
Caddo Mills
County
Hunt
State
Texas
Latitude
33.1512341
Longitude
-96.2775335

FAQs

What type of property is this?
Mixed-use property - 3.6-acre mixed-use investment opportunity.
Where is the mixed-use property located?
The property is located at 5543 Us-380 Caddo Mills, TX.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: $699,900 asking price.; 3.6-acre lot with Hwy 380 frontage in Caddo Mills, TX.; Mixed-use zoning potential (commercial or residential).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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5543 Us-380
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