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$ 779,000
Est. payment /mo
Active
2105 FM 1971 Gary, TX 75643
5 Beds
4 Baths
4,907 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,907 sqft
Price per Sqft $158
Subdivision E Lewis
MLS Listing ID 25016334
Bedrooms 5
Year Built 1977
Annual Tax Amount $606
Tax Year 2025
Lot Size 2.800 Acres
Acres 2.8
Property Sub-Type Fourplex
Property Description
Lakeview Cabins, located just footsteps away from the Dotson Bridge boat dock on beautiful Lake Murvaul. This unique multi-family property sits on 2.8 acres and features 11 total units, including 9 kitchenette cabins, One 2-bedroom house & One 1 Bedroom House, and 2 RV-spots for additional income, offering excellent potential for short-term, mid-term, or long-term rentals. Each unit has completed renovated exteriors in 2022, with smart board siding, paint and exterior doors. All new roofs with 30-year shingles on each unit in 2022. New driveways and parking areas in 2022. Vinyl plank and tile flooring and new appliances installed in each unit 2019-2022.The property is supported by its own private water well installed in 2019. With its close proximity to the lake and ample space for guests, Lakeview Cabins presents a rare opportunity for investors seeking a turn-key income property in the heart of East Texas.
Location
State TX
County Panola
Zoning Multi Fam Dwelling 11
Interior
Heating Other/See Remarks
Cooling Window Unit(s)
Flooring Ceramic Tile, Vinyl Plank
Fireplaces Type None
Exterior
View Y/N No
Roof Type Composition
Building
Foundation Slab
Sewer AerobicSeptic Sys
Water Well
Schools
Elementary Schools Gary
Middle Schools Gary
High Schools Gary
Others
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Listed by Benjamin Wooten • Coldwell Banker Home Place-Henderson
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