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$ 499,000
Est. payment /mo
New
3361 N FM 17 Alba, TX 75410
2 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Building
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26012610
Construction Status Pre-owned
Year Built 1985
Annual Tax Amount $2,106
Tax Year 2026
Lot Size 2.000 Acres
Acres 2.0
Property Sub-Type Building
Source Greater Tyler Association of REALTORS
Property Description
TURNKEY RESORT INVESTMENT OPPORTUNITY NEAR LAKE FORK! Discover an excellent income producing property offering multiple revenue opportunities and room for future growth. This established resort features 8 one-bedroom, one-bath units, with most tenants having enjoyed the property for 3–5 years, providing a strong history of established occupancy. The property also includes an existing car wash and 3 additional sites ready for development, creating opportunities to expand the rental operation or add additional income-producing units. The owner's cabin is currently configured as a 1 bedroom, 1 bath but could easily be converted to a 3 bedroom, 2 bath residence. Conveniently located near local restaurants and just a short distance from Lake Fork, this property is ideally positioned for both long-term tenants and those looking to capitalize on the area's recreational appeal. Whether you're an investor looking for an established income-producing property or an entrepreneur seeking a turnkey resort with expansion potential, this property offers a unique opportunity in the heart of East Texas.
Location
State TX
County Wood
Interior
Heating Central
Cooling Central Electric
Furnishings Pre-owned
Exterior
Utilities Available Electric On Site
Building
Lot Description Outside City Limits
Sewer Aerobic Septic
Construction Status Pre-owned
Others
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Listed by David Simpkins Signature Properties, LLC-Lake Fork
NEARBY SCHOOL & BUSINESS
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