11971 US Highway 59 Highway
Livingston, TX 77351
- 2 beds
- 1 bath
- 7,870 sqft
- ~3/4 acre lot
- $17 per sqft
- 1966 build
- – on site
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$590,000 Official Appraised After-Repair Value. Appraiser estimates that over $63,000 in yearly net operating income will follow rehab and stabilization. Valuation can be increased even further through the installation of a billboard. Contact agent for a copy of recent appraisal. Over $20,000 worth of interior demolition and junk removal has been completed. This is a wonderful opportunity for yield-seeking investors due to local 9% cap rates. The property boasts of a total of 7,870 square feet. The left retail store has 2,100 square feet. Building Two contains 3,420 square feet of retail/flex space. The front top-level apartment contains 1,200 square feet with a spacious balcony. The back apartment contains 1,150 square feet. The .70 acre lot is fenced in and is zoned without restrictions. The prospect of long-term appreciation is aided by the adjacent lot containing a truck stop and a fast-food restaurant under development. A must see!
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Last updated Nov 29, 2024
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MLS# 17527970 —
The Building
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Year Built:1966
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Year Built Source:Appraisal District
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New Construction:No
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Front Door Faces:East
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Roof:Wood Shingle
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Stories:2
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Siding:Brick, Other, Stone
Interior
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Floors:Concrete, Wood
Financial & Terms
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Finance Available:Cash Sale, Conventional, Investor, Owner Financing
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Price SqFt List:$17.79
Location
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Directions:Drive toward Cleveland via I-69/US-59N, pass central Livingston, make a left after arriving at 11971 US-59 Livingston, TX 77351
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Latitude:30.856614
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Longitude:-94.854292
The Property
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Parcel Number:10069-0038-00
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Section Number:N/A
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Property Type:Multi-Family
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Property Subtype:Fourplex
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Acres Description:1/2 up to 1 Acres
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Lot Description:Cleared, Wooded
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Lot Size:30,492 Sqft
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Lot Size Source:Survey
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Lot Price SqFt List:4.59
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Total SqFt:7,870 Sqft
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SqFt Source:Appraisal
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Area:44
Listing Agent
- Contact info:
- Agent phone:
- (832) 378-8682
- Office phone:
- (888) 519-7431
Taxes
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Tax Year:2022
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Tax Rate:$1.69
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Tax Amount:$2,006
Beds
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Total Bedrooms:2
Baths
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Total Baths:1.00
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Full Baths:1
The Listing
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Status:Sold
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Disclosures:Other Disclosures, Sellers Disclosure
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Coop Sale:1
Heating & Cooling
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Heat System:No Heating
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Cool System:No Cooling/Vent
Utilities
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Utilities:Cable, Electric, Satellite Dish, Water
Schools
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Elementary:CORRIGAN-CAMDEN PRIMARY/ELEMENTARY SCHOOL
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Middle School:CORRIGAN-CAMDEN JUNIOR HIGH SCHOOL
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High School:CORRIGAN-CAMDEN HIGH SCHOOL
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School District:238 - Corrigan-Camden
The Community
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Subdivision:Joseph Scates Surv A-69
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Active Community 55:No
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Restrictions:None
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Management Company:No
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Maintenance Fee:No
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Other Fees:No
Parking
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Parking Description:Paved Area
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Parking Unit:More than Two
Extra Units
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Total Units:4
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Unit Features:Balcony, Fenced Area
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
