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$142,000   Price Analysis
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490 W State Highway 243
Canton, TX 75103
3 bed 1 bath 1,176 SqFt ($120/SqFt)
0.36 acre lot. Built 1925
Listed 2024-03-21
USDA Eligible
near Canton, TX
 

Unique opportunity:Residential tenant-occupied commercial property located in close proximity to world-famous Canton First Monday.

Sold AS IS. Great residential area near schools. Tenant would stay or move. NOTE: Gener al Commercial zoning. Excellent location for retail, rental, multi-family or short-term rentals.

+ - 600FT Hwy 243 Road Frontage. Also Avalable: Another residential tenant-occupied 3 bedroom home and an uninhabitable structure, on adjacent .28ac and .33ac lots can be purchased separately or all together.


Presented by Kevin Zervakos at
Nathan Foreman Real Estate.


Property MLS #20566464 from NTREIS

Bedrooms: 3

Total Bathrooms: 1
Full Bathrooms: 1

Walk-In Closet(s)
Flooring: Vinyl

Electric Range

Cooling Features: Window Unit(s)

Lot Description: Less Than .5 Acre (not Zero)
Lot Size Acres: 0.365
Lot Size Square Feet: 15899

Parking Features: Driveway

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 1

Elementary School: Canton
High School: Canton
School District: Canton ISD

Canton Elementary School is a public elementary school located approximately 0.2 miles away.
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Canton J High School is a public middle school located approximately 0.4 miles away.
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Canton High School is a public high school located approximately 0.9 miles away.
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Victory Christian School is a private elementary and middle school located approximately 2.9 miles away.
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Gross Income: 16800.00

Source Listing Status: Active
County: Van Zandt
Directions: From I20 going west, exit FM17. Turn L on FM17. 1.8 miles turn left on Hwy 64. .4miles turn right on TX-243. 1.5 miles property on the right. From I20 going east, exit 527 TX-19 Canton Emory. Right on TX-19 toward Canton. Right on TX-243. Property on the Right.
Source Property Type: Residential Income
Insurance Expense: 2000
Source Neighborhood: J Stockwell
Parcel Number: 014.0760.0531.0000.0000
Subdivision: J Stockwell
Property Subtype: Multiple Single Units
Source System Name: C2C

Price Changed 2024-08-09
$142,000
NTREIS
Listed 2024-03-21
$147,000
NTREIS

Net Operating Income: 14800

Year Built: 1925
Building Area Total: 1176
Construction Materials: Construction: Wood
Foundation Details: Pillar/Post/Pier
Levels: One
Property Age: 99
Roof: Composition
Year Built Details: Preowned

Utilities: City Sewer, Electricity Connected
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.