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Listing provided courtesy of Keller Williams Realty-Tyler- MLS# 21210200MLS ProviderContact Information: Kayla Riggs - 903-262-4248

1495 CR 4224Troup, TX 75789

Multi-Family · 5 Beds · 5 Full Baths · 1,216 Sq. ft. | 0.81 Acres
$223,000 Active

1495 CR 4224 Overview

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Expand your real estate portfolio with this outstanding income-producing opportunity! This unique property offers two well-maintained manufactured homes on one lot, both currently tenant-occupied, providing immediate cash flow and strong long-term rental potential. The front home is a newer manufactured residence featuring 2 bedrooms and 2 bathrooms, designed for comfortable, modern living. The rear home, situated in the backyard for added privacy, offers 3 bedrooms and 2 bathrooms, providing generous living space ideal for long-term tenants or larger households. The sellers have made several recent improvements to enhance both functionality and curb appeal, including newly added front and back porches, a redone driveway for improved access and parking, and a privacy fence that creates separation and added comfort for each home. Both homes have been well cared for and are in excellent condition, making this a low-maintenance, turnkey investment ready for its next owner. With reliable tenants already in place who would love to stay, this property offers the advantage of immediate, consistent rental income. Whether you’re looking to expand your rental portfolio, generate passive income, or invest in a versatile multi-unit property, this is an opportunity you won’t want to miss. Secure this income-generating property today!

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1495 CR 4224 Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,216
  • Price/Sq.ft. $183
  • Lot 0.81 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Troup ISD
  • Elementary School: Troup
  • Middle Or Junior School: Troup
  • High School: Troup

Income/Expenses

  • Gross Income: 31200.0
  • Net Operating Income: 29400.0

Building Information

  • Year Built: 2024
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: Cherokee
  • Postal City: TROUP
  • Subdivision Name: Rusk

General Information

  • Parcel Number: R151862
  • Property Type: Residential Income

Interior

Beds/Baths

  • Bathrooms Full: 5
  • Bathrooms Half: 0
  • Bathrooms Total: 5
  • Bedrooms Total: 5

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 1216.0

General Information

  • Appliances: Dishwasher,Electric Range,Disposal
  • Basement: No
  • Fireplace Features: Wood Burning Stove
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Flooring: Carpet,Vinyl
  • Foundation Details: Pillar/Post/Pier
  • Interior Features: Eat-in Kitchen,Open Floorplan
  • Levels: One
  • Stories: 1

Exterior

Parking Information

  • Parking Features: Gravel
  • Parking Total: 4.0

Lot Information

  • Lot Size Acres: 0.81
  • Lot Size Area: 0.81
  • Lot Size Square Feet: 35283.6
  • Lot Size Units: Acres
  • Number Of Buildings: 2

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Roof: Composition

General Information

  • Number Of Units Total: 2
  • Pool Features: None
  • Utilities: Electricity Connected

Unit Information

Unit 1 Details

  • Unit Type: 2 Bedroom
  • Units Total: 1

Unit 2 Details

  • Unit Type: 3 Bedroom
  • Units Total: 1

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1495 CR 4224 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1495 CR 4224 Market Data

Based on the last 30 days in this zip code

$461,645
Average List Price
$230
Average Price per Square Foot
1
Properties Sold
94
Average Days on Market
73
Properties for Sale
Calculations provided by Reliance Network


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