2409 Westmoreland Road

Red Oak, TX 75154 View Map $2,850,000 Schedule a Tour
Beds14
Acres9.3
Year2016

Mike Pannell

(817) 703-3238
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Status: Active
Property Type:Apartment/5plex+
MLS #:14294964
On Site:238 Days
Lot Size:9.3 Acres
County:Ellis
Built in 2016. 4 Structures with 14- 1 bed 1 bath units with a garage space per unit on + or - 9.297 acres. The units sit on 5 acres with a remaining + or - 4 acres in the back for future expansion. Well built and meticulously maintained. Rents are low compared to market value. Excellent for 10-31 exchange. Workshop that can be used for maintenance storage or leased to tenant for additional income.

Mortgage Calculator

$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
6/23/2020$3,200,000$2,850,000-10.9%

Community Information

Address:2409 Westmoreland Road Red Oak, TX 75154
County:Ellis
City:Red Oak
Subdivision:J Chapman
Zip Code:75154
Condo Project:Country View Duplex

School Information

High School:Red Oak
Middle School:Red Oak
Elementary School:Shields

Architecture

Bedrooms: 14
Year Built:2016
Stories:1
Construction Materials: Brick, Wood
Roof: Composition
Foundation Details: Slab
Parking Features: Assigned Garage, Common Lot, Covered, Front, Garage, Open

Features / Amenities

Interior Features: Cable TV Available, High Speed Internet Available
Equipment: Built-in Microwave, Range/Oven-Electric, Refrigerator
Exterior Features: Workshop w/Electric
Heating: Central Air-Elec, Central Heat-Elec

Property Features

Lot Size: 9.3 Acres
Lot Dimensions:5 Acres to 9.99 Acres
Lot Features: Heavily Treed, Lrg. Backyard Grass
Waterfront: No
Utilities: Asphalt, Co-op Water, Private Sewer
Fencing: Barbed Wire, Pipe, Wood
Directions:From IH 35 travel West on FM 664 Ovilla Rd. Travel south on S Westmoreland. Property is on the right hand side approximately 1 mile down. Property will GPS.

Tax and Financial Info

Unexempt Taxes: $7,803
Capitalization Rate: 5.29
Gross Annual Expenses: 24478
Gross Annual Income: 186660
Net Annual Income: 150681
Insurance Expense: 11500

Listing Office

Listing provided courtesy of Dustin Jordan, Hi View Real Estate.

Schools

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2409 Westmoreland Road Red Oak, TX 75154
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2409 Westmoreland Road Red Oak, TX 75154
 
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Information is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed or used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Nu Home Source Realty, LLC are marked with the NTREIS IDX logo and information about them includes the name of the listing brokerage.

NTREIS data last updated October 26, 2020.

Property Summary:

Home for sale at .

Description: The property at 2409 Westmoreland Road Red Oak, TX 75154 in the J Chapman subdivision with the MLS# 14294964 is currently listed for $2,850,000 and has been on the market for 237 days.

GeoCoordinates:

32.5167689
-96.87547

Listing Price: $2,850,000

You are viewing the MFRMLS listing details of the home for sale at 2409 Westmoreland Road Red Oak, TX 75154, which features 14 bedrooms and 0 bathrooms, and 0 sq.ft. of living area.