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$949,000

321 W Expressway 83, Penitas, TX, 78576

On MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths3,302 Sq Ft
price_per_sqft$287.4 / sqft
Year BuiltBuilt in 1988

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
AppliancesOven, Microwave, Electric Cooktop, Dishwasher, Gas Water Heater, Water Heater
FlooringCarpet, Hardwood

Exterior

Private PoolPrivate Pool
Exterior FeaturesMature Trees, Workshop

Building Information

Garage Spaces6

About this property

Discover a truly unique property offering space, versatility, and an impressive array of amenities on 4 acres. The centerpiece is a charming home featuring an attached two-car rear-entry garage, complemented by a detached four-car garage—perfect for vehicles, hobbies, workshops, or additional storage. For RV enthusiasts or income-producing opportunities, the property features 22 RV lots, providing exceptional potential for a private RV community, extended-family compound, or investment venture. Outdoor living takes center stage with a covered entertaining area by the swimming pool, creating the perfect setting for gatherings, relaxing, and enjoying the outdoors. A separate pavilion adds even more functionality and includes washers and dryers, along with a dedicated recreational area. Additional improvements include a large metal storage building, offering abundant room for equipment, vehicles, recreational toys, or business-related storage, as well as an outhouse for added convenience!

Investor Tools

$0Estimated Mortgage Balance
$949,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,694 /month
Positive
Cash Flow Estimate:
$1,898 /month

Interested in this property?

Rebecca Vallejo

Coldwell Banker La Mansion

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Penitas

321 W Expressway 83 | Property Details | No Agent List