The McCrory Team

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Listing provided courtesy of OmniKey Realty, LLC.- MLS# 21269743MLS ProviderContact Information: Mallory Adams - 972-480-8280

1206 N Business Hwy 78Blue Ridge, TX 75424

Multi-Family · 9 Beds · 3 Full Baths · 2,990 Sq. ft. | 1.32 Acres
$700,000 Active

1206 N Business Hwy 78 Overview

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Fantastic investment package opportunity—perfect for investors seeking immediate cash flow or those just getting started and want an option for themselves! This package includes 3 single family properties plus a 0.97 empty lot! Recently renovated, these properties feature modern updates throughout, including granite countertops, durable luxury vinyl plank wood flooring, and updated kitchen and bathroom finishes. This package is ideal for investors looking for a cash-flowing rental property making it a turnkey addition to your rental portfolio. (Unit 1) 1206 N Business Highway 78, sits on a 1.32 acre lot with the 0.97 vacant lot adjacent - Tenant-occupied through 5-28-27 at $1525 per month. (Unit 2) 313 N Church St - Lease Term: 5-31-26 at $1475 per month (Unit 3) 308 W Lamm St - Actively listed for lease. These properties are also available for individual sale.

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1206 N Business Hwy 78 Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,990
  • Price/Sq.ft. $234
  • Lot 1.32 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Blue Ridge ISD
  • Elementary School: Blueridge
  • Middle Or Junior School: Blueridge
  • High School: Blueridge

Building Information

  • Year Built: 1985
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: Collin
  • Postal City: BLUE RIDGE
  • Subdivision Name: Blue Ridge

General Information

  • Disclosures: Owner Is Listing Agent
  • Exclusions: Current tenant belongings (as applicable) fridge, washer and dryer.
  • Listing Terms: Cash,Conventional,1031 Exchange
  • Parcel Number: R647800005401
  • Property Type: Residential Income
  • Senior Community: No

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total: 3
  • Bedrooms Total: 9

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 2990.0

General Information

  • Appliances: Dishwasher,Electric Range,Electric Water Heater,Disposal,Microwave
  • Basement: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Luxury Vinyl Plank
  • Foundation Details: Other
  • Interior Features: Built-in Features,Decorative/Designer Lighting Fixtures,Eat-in Kitchen,Granite Counters,High Speed Internet,Other,Cable TV
  • Levels: One
  • Security Features: Smoke Detector(s)
  • Stories: 1
  • Window Features: Window Coverings

Exterior

Parking Information

  • Parking Features: Carport,Driveway
  • Parking Total: 6.0

Lot Information

  • Lot Features: Acreage,Back Yard,Lawn,Landscaped,Level
  • Lot Size Acres: 1.32
  • Lot Size Area: 1.32
  • Lot Size Square Feet: 57499.2
  • Lot Size Units: Acres
  • Number Of Buildings: 3
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: No
  • Construction Materials: Other
  • Patio And Porch Features: Front Porch,Covered
  • Roof: Composition

General Information

  • Carport Spaces: 1.0
  • Carport: Yes
  • Covered Spaces: 1.0
  • Exterior Features: Private Yard,Rain Gutters
  • Fencing: Fenced
  • Number Of Units Total: 3
  • Pool Features: None
  • Sewer: Public Sewer
  • Utilities: Electricity Connected,Sewer Available,Separate Meters,Water Available,Cable Available

Unit Information

Unit 1 Details

  • Unit Type: 2 Bedroom
  • Units Total: 1

Unit 2 Details

  • Unit Type: 3 Bedroom
  • Units Total: 1

Unit 3 Details

  • Unit Type: 4 Bedroom Or More
  • 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.

1206 N Business Hwy 78 Monthly Cost

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Amy Fleming
* 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.

1206 N Business Hwy 78 Market Data

Based on the last 30 days in this zip code

$601,635
Average List Price
$292
Average Price per Square Foot
6
Properties Sold
96
Average Days on Market
87
Properties for Sale
Calculations provided by Reliance Network


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