Waxahachie, TX 75165 3838 S Highway 287
$1,550,000



13 more














Presented By: Oscar Reyes with Hi View Real Estate; 469-517-0012
Home Details
Great investment property for sale, with a net operating income of roughly 113k, taxes being approximately 12K and Insurance being 4,200k. Cap Rate is 7.225%
Currently used by a mobile auto repair service. Contract expires in October 2026.
Presented By: Oscar Reyes with Hi View Real Estate; 469-517-0012
Interior Features for 3838 S Highway 287
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringConcrete
Heating Y/NYes
Total Stories1
General for 3838 S Highway 287
Additional Parcels Y/NNo
Attached Garage No
AttributionContact469-517-0012
Business TypeCommercial, Storage
Carport Y/NNo
CityWaxahachie
Construction MaterialsBrick, Stucco
CoolingCentralAir, Electric
CountyEllis
DirectionsFrom Waxahachie take highway 287 south to Ennis. Property will be on the Right.
Electric On Property Y/NNo
Garage Y/NNo
Gross Income0.0
HOANo
HeatingCentral, Electric
Home Warranty Y/NNo
Insurance Expense4200.0
Land Lease Y/NNo
Leasable Area0.0
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionLOT 1 BOSARGE ESTS 8.599 AC
Lot Size Square Feet87120.0
Lot Size UnitsAcres
MobileHomeRemainsYNNo
ModificationTimestamp2025-04-22T01:59:30.277-00:00
Net Operating Income113400.0
New ConstructionNo
Number Of Units Total1
PossessionCloseOfEscrow
Possible UseAutomotive, Office, Warehouse
Property Attached Y/NNo
Property Sub Type AdditionalWarehouse
Property SubtypeWarehouse
Property TypeCommercialSale
Rent Control Y/NNo
RoofMetal
Senior Community Y/NNo
SewerAerobicSeptic
Standard StatusActiveUnderContract
StatusActiveUnderContract
Subdivision NameBosarge Estates
Tax Annual Amount12000.0
Tax Lot1
Tenant PaysAllUtilities
UtilitiesSepticAvailable
Virtual TourClick here
Waterfront Y/NNo
Year Built2000
Year Built DetailsUnknown
Zoning Descriptioncommercial
Exterior for 3838 S Highway 287
Building Area Total11625.0
Crops Included Y/NNo
Foundation DetailsSlab
Horse Y/NNo
InclusionsLand & Improvements
Irrigation Water Rights Y/NNo
Lot Size Acres2.0
Lot Size Area2.0
Lot Size SourceOwner
Open Parking Y/NNo
Parking FeaturesDriveway
SpaNo
Additional Details
Price History
