Wonderful Investment Property in East Texas!

100% Leased. Property includes 6.7 total acres with plenty of room to expand the number of rental units or choose to build a primary residence on the property along with expanding your rental units all on the same property. Property is centrally located between Winnsbo ro, Quitman and Gilmer. Property includes 1 Triplex and 2 Duplexes.

Triplex has 3, 1 Bedroom/1 Bathroom units. One Duplex has 2, 2 Bedroom/1 Bathroom units. Second Duplex has 2, 3 Bedroom/2 Bathroom units. Units are all electric with central Heat and A/C and aerobic septic. Units have individual meters for electricity and water. Great road frontage on both FM 312 and CR 3986. Location is a attractiv country setting with multiple options to expand and utilize the additional acreage for an RV park or mini-storage. Brand new roofs July 2023.

Request Information
on 115 Private Road 7986
in Winnsboro, TX
Presented by Kaci Williams at
Quitman Realty.


Property MLS #24003102 from Tyler

+ Reveal additional info including schools and tax history

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+ Bedrooms

Bedrooms: 13

+ Bathrooms

Total Bathrooms: 9
Full Bathrooms: 9

+ Interior Features

Ceiling Fan
Blinds
Smoke Alarm
Flooring: Carpet, Laminate, Ceramic Tile

+ Kitchen and Dining

Range/Oven-Electric
Refrigerator

+ Appliances

Laundry Features: Yes

+ Heating and Cooling

Cooling Features: Central Electric
Heating Features: Central Electric

+ Garage and Parking

Driveway: Gravel
Parking Features: 1 Or More Per Unit

+ Land Info

Lot Size Acres: 6.778
Lot Size Dimensions: 900x260
Lot Size Square Feet: 295250

+ School Information

Elementary School: Winnsboro
High School: Winnsboro
Middle School: Winnsboro
+ Display Complete School Details

Winnsboro Junior High School is a public middle school located approximately 10.4 miles away.
Map directions

Winnsboro Elementary School is a public elementary school located approximately 10.4 miles away.
Map directions

Winnsboro High School is a public high school located approximately 10.6 miles away.
Map directions

+ Multi-Unit Info

Number of Units: 7
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 4
Bedrooms in Unit-3: 6
Total Bathrooms in Unit-1: 3
Total Bathrooms in Unit-2: 2
Total Bathrooms in Unit-3: 4

+ Rental Info

Tenant Pays: Electric, Water
Rent Includes: 63720

+ Other Property Info

Annual Tax Amount: 8775.31
Source Listing Status: Pending
County: Wood
Directions: From Quitman-From the Wood County Courthouse in Quitman, take Hwy 154 East for approx 12 miles. Turn left onto FM-312. Continue for approx 2 miles. Turn left onto County Road 3986. In 350 feet, turn left onto Private Road 7986.
Tax Year: 2023
Source Property Type: MULTI-FAMILY
Area: Wood
Source Neighborhood: Wood
Zoning: Single Family
Source System Name: C2C
+ Reveal Property Sale History

Price Changed 2024-03-20
$525,000
Tyler

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Price Changed 2024-03-07
$540,000
Tyler

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Listed 2024-03-06
$550,000
Tyler

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Listing removed 2024-03-04
$550,000
Tyler

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Listing removed 2024-01-12
$580,000
Tyler

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Listed 2024-01-12
$550,000
Tyler

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Listed 2024-01-08
$580,000
Tyler

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Listing removed 2023-11-08
$625,000
Tyler

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Listed 2023-08-14
$625,000
Tyler

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Listing removed 2021-05-15
$385,000
Tyler

+ Building and Construction

Total Square Feet Living: 6420
Year Built: 2009
Building Exterior Type: Alum/Vinyl Siding
Foundation Details: Slab
Property Age: 15
Roof: Composition
Levels or Stories: 1 Story
Structure Type: Duplex
Year Built Source: WCAD

+ Utilities

Electric: Wood County Electric
Sewer: AerobicSeptic Sys
Individual Electric Meter
Individual Water Meters
Water Source: Community