816 Laurence Drive Heath, TX 75032

17.24 Acres On Site: 168 Days
9 Beds
Built: 1968
Hot new multi-family listing! Unique opportunity to own three nice homes on 17+ acres in Heath, across from Rockwall Heath High School. Four adjoining parcels of land, most of it zoned farm and ranch. In addition to the three homes, there is also a 1000 square foot outbuilding which can be used for storage or convert to more living space. Beautiful trees, pond, gated entry to one of the homes. Two of the homes are currently leased for $2000 per month, and the other one is vacant, and leases for $2000 per month as well. Pix and more information are coming.
Property Type:Multiple Single Units
MLS #:13949106
Year Built:1968
On Site:168 Days
Lot Size:17.24 Acres

Mike Pannell

Call Now: (817) 703-3238

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Detailed Maps

Community Information

Address:816 Laurence Drive Heath, TX 75032
Zip Code:75032

School Information

School System:Rockwall ISD
High School:Heath
Middle School:Cain
Elementary School:Amy Parks-Heath


Bedrooms: 9
Year Built:1968
Construction Materials: Brick
Roof: Composition
Foundation Details: Slab
Parking Features: Attached, Garage

Features / Amenities

Interior Features: Cable TV Available, High Speed Internet Available, Window Coverings
Exterior Features: Covered Porch(es), Guest Quarters, Patio Covered, Patio Open, Storage Building, Workshop, Workshop w/Electric
Security Features: Smoke Detector
Heating: Central Air-Elec, Central Heat-Elec

Property Features

Lot Size: 17.24 Acres
Lot Dimensions:10 Acres to 49.99 Acres
Lot Features: Acreage, Adjacent to Greenbelt, Heavily Treed, Horses Permitted, Irregular, Landscaped, Lrg. Backyard Grass, Park View, Pasture, Some Trees, Tank/ Pond
Waterfront: No
Utilities: City Sewer, City Water
Fencing: Barbed Wire, Iron
Directions:Directly across from Rockwall Heath High School, on Laurence (FM 740)

Tax and Financial Info

Capitalization Rate: 4.50
Gross Annual Expenses: 0
Gross Annual Income: 72000
Net Annual Income: 72000
Insurance Expense: 0

Listing Office

Listing provided courtesy of Kim Roulias, Kim Roulias Realty.

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Listing Information Last Updated 3/22/2019
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NTREIS data last updated 3/22/2019.

Property Summary:

Home for sale at .

Description: The property at 816 Laurence Drive Heath, TX 75032 in the Blackstone subdivision with the MLS# 13949106 is currently listed for $1,600,000 and has been on the market for 167 days.



Listing Price: $1,600,000

You are viewing the MFRMLS listing details of the home for sale at 816 Laurence Drive Heath, TX 75032, which features 9 bedrooms and 0 bathrooms, and 0 sq.ft. of living area.