Princeton, TX 75407 8953 County Road 864
$1,280,000
35 more
Presented By: Curtis Petersen with INC Realty, LLC; 940-367-2911
SQFT • 4,232
Home Details
Income-Producing Tiny Home Community Near Lake Lavon!
Don’t miss this unique investment opportunity just minutes from Downtown Princeton and around the corner from Lake Lavon and Bratonia Park. This beautifully treed lot features a well-maintained tiny home community with multiple units, plus additional shop and storage buildings. A strong rental history and fantastic cap rate make this an ideal property for investors seeking reliable cash flow.
Presented By: Curtis Petersen with INC Realty, LLC; 940-367-2911
Interior Features for 8953 County Road 864
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringOther
Heating Y/NNo
Total Stories1
General for 8953 County Road 864
Additional Parcels Y/NNo
Attached Garage No
AttributionContact940-367-2911
Business TypeOther
Carport Y/NNo
CityPrinceton
Construction MaterialsOther
CoolingCeilingFans, Electric, WindowUnits
CountyCollin
DirectionsSee GPS for most accurate and up to date driving information.
Electric On Property Y/NNo
Garage Y/NNo
Gross Income110580.0
HOANo
HeatingOther
Home Warranty Y/NNo
Land Lease Y/NNo
Leasable Area9000.0
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionRAMBLEWOOD PHASE 1 (GCN), LOT 28
Lot Size Square Feet95657.76
Lot Size UnitsAcres
MobileHomeRemainsYNNo
ModificationTimestamp2025-04-17T02:10:50.053-00:00
Net Operating Income90180.0
New ConstructionNo
Number Of Units Total7
Occupancy TypeTenant
PossessionCloseOfEscrow
Possible UseOther
Property Attached Y/NNo
Property Sub Type AdditionalBusiness
Property SubtypeBusiness
Property TypeCommercialSale
Rent Control Y/NNo
RoofMetal, Shingle
Senior Community Y/NNo
Standard StatusActive
StatusActive
Subdivision NameRamblewood Ph 1
Tax Annual Amount10020.0
Tax Lot28
Tenant PaysManagement, TrashCollection
UtilitiesCableAvailable, ElectricityAvailable
Virtual TourClick here
Waterfront Y/NNo
Year Built1985
Year Built DetailsPreowned
Zoning DescriptionOutside city Limits
Exterior for 8953 County Road 864
Building Area Total4232.0
Crops Included Y/NNo
Foundation DetailsPillarPostPier, Slab
Horse Y/NNo
InclusionsLand & Improvements
Irrigation Water Rights Y/NNo
Lot Size Acres2.196
Lot Size Area2.196
Lot Size SourcePublicRecords
Open Parking Y/NNo
Parking FeaturesAdditionalParking
Road Surface TypeAsphalt, Gravel
SpaNo
Additional Details
Price History
Katie Edwards
Realtor