See all 16 photos

$2,300,000

Est. payment - /mo

19,126 SqFt

Active

2820 US Highway 380 Decatur, TX 76234

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Ryan Smith

HOMESTEAD AND RANCH REAL ESTATE

ryan@homesteadandranch.com +1(512) 466-1460

UPDATED:

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 19,126 sqft

Price per Sqft $120

Subdivision Jh Moore

MLS Listing ID 20949344

HOA Y/N No

Year Built 2002

Annual Tax Amount $14,616

Lot Size 2.740 Acres

Acres 2.74

Property Sub-Type Business

Property Description

380 Eagle's Nest is a turnkey investment opportunity located just off Hwy 380 in unincorporated Wise County. This income-producing property features a tiny home community and storage facility on approximately 3.74 acres, generating $290,640 in gross annual revenue and $211,140 in net income, delivering a 9.18% cap rate. The property includes 16 custom-built tiny homes, each approximately 392 square feet, with full kitchens including a refrigerator, cooktop, oven, and microwave. Homes are not furnished. Water, electric, and trash service are included for tiny homes. A coin-operated laundry facility with Speed Queen commercial equipment is also on-site, adding convenience and additional income. The property offers 50 storage units and 5 parking spaces, with rental rates ranging from $50 to $900 month. Operated on city water and septic, and located in the county, the site requires no city approvals for improvements or expansion. With low annual expenses of $79,500 and strong demand driven by the Decatur and DFW markets, this is a rare opportunity for stable returns and long-term growth. Aerial imagery is for illustration only. Property boundaries and acreage (approx. 3.74 acres) subject to survey. Sales price is not contingent on exact land size. Property to be sold by metes and bounds description.

Location

State TX

County Wise

Zoning unincorporated

Direction google maps is accurate.

Interior

Heating Electric

Cooling Electric

Flooring Concrete, Wood

Inclusions Business, Land & Improvements

Fireplace No

Exterior

Parking Features Additional Parking, RV Access/Parking

Utilities Available Septic Available

Roof Type Composition,Metal

Building

Lot Description Acreage

Story 1

Foundation Slab

Sewer Aerobic Septic

Others

Tax ID 791254

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