About This Home

This 0-bedroom, 0-bathroom commercial at 1500 State Highway 72 W in Out of Area, TX is listed for $975,000. Built in 2020, on a 13.30 acres lot.

Key Features

  • Built in 2020
  • 13.30 acre lot

Property Details

2020
Listing Description

This is an actively cash-flowing residential campus at 1500 State Highway 72 W in Yorktown, TX, currently generating $16,500 per month under a 5-year lease offering an investor immediate, stabilized income at the time of acquisition. The property features 10 residential homes (valued at approximately $60k each) across +/- 13.3 acres spanning two tr

acts: eight 4-bedroom/4-bath homes, one 3-bedroom/2-bath, and one 2-bedroom/2-bath, all currently leased. Known operating expenses include internet service, trash removal, landscaping on an as-needed basis, a $105 annual water well permit, and $500 per year in sewer maintenance, with monthly electricity ranging from approximately $2,300 to $3,600.

Annual property taxes are estimated at $1,700, an exceptionally low tax burden relative to the income the property generates. Electrical, sewer, and water are all on site, and there is additional room on the property that may present future development or expansion potential. This is one of the most compelling income-producing assets in the portfolio, combining a long-term lease, a diverse housing mix, and low operating overhead in a single acquisition. Current tenants have been in place for 3 years.

Monthly Cost Estimate

$5,215/mo

20% down · 6.5% · 30 years

Principal$705
Interest$4,225
Insurance$284

Estimates only. Actual payments may vary.

Location

1500 State Highway 72 W

Out of Area, TX 78164

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 1500 State Highway 72 W is listed at $975,000. The estimated monthly payment is $5,214 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2020, 13.30 acre lot.

This property is listed by Chris Kappmeyer.

CK

Chris Kappmeyer

Agent at Rivet Real Estate

Listed by Rivet Real Estate · Broker phone: 5129311267 · View on Broker Site

MLS# 179047· Source: Highland Lakes Association of Realtors MLS· 108 days on PropertySimple

Copyright © 2026 Highland Lakes Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1500 State Highway 72 W, Out of Area, TX 78164

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