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11040 Old Stoney Road

Ponder, TX 76259
  • $2,000,000
  • STATUS: Active
  • ON SITE: 10 Days
  • MLS #: 20334050
UPDATED: 20 min ago
$2,000,000
  • 3
    BEDS
  • 15
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1982
County:
Area:

School Information

Elementary School:
High School:
School District:
Offered by Rea Carpenter of Fathom Realty, Llc: [IDXCONTACTINFORMATION].

Description

Whoever said you can't buy happiness, never bought dirt! This beautiful property offers the ability to build your dream home, plant crops, raise livestock, & earn passive income while enjoying peaceful solitude in abundance. Open skies offer the opportunity to bear witness to morning sunrises & sunsets you can't beat! While quiet & serene, it's just a short commute into the city for shopping or a night out, giving you the best of both worlds! Passive income is acquired by long-standing tenants of 15 mobile homes on the property, separated from what serves as the primary home. Primary can also be turned into a rental. Property consistently produces in the area of $100K net profit annually. The property comes with its own water well, in addition to each mobile home having its own septic tank. All units are currently occupied. Primary by the owner & the additional homes occupied by tenants. Don't miss your opportunity to own a piece of Texas that offers it all, & STILL has potential!

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© 2023 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or EXIT Realty Elite. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than EXIT Realty Elite are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-06-04T22:41:42.207.
www.exitelitedfw.com/homes/139870483
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11040 Old Stoney Road Ponder, TX 76259

  • Price: $2,000,000
  • Status: Active
  • On Site: 10 Days
  • Updated: 20 min ago
  • MLS #: 20334050
3
Beds
2
Baths
0
½ Baths
15
Acres
1982
Built
Neighborhood:
Winfrey
County:
Denton
Area:
Ponder
Elementary School:
Ponder
High School:
Ponder
School District:
Ponder ISD
Property Description
Whoever said you can't buy happiness, never bought dirt! This beautiful property offers the ability to build your dream home, plant crops, raise livestock, & earn passive income while enjoying peaceful solitude in abundance. Open skies offer the opportunity to bear witness to morning sunrises & sunsets you can't beat! While quiet & serene, it's just a short commute into the city for shopping or a night out, giving you the best of both worlds! Passive income is acquired by long-standing tenants of 15 mobile homes on the property, separated from what serves as the primary home. Primary can also be turned into a rental. Property consistently produces in the area of $100K net profit annually. The property comes with its own water well, in addition to each mobile home having its own septic tank. All units are currently occupied. Primary by the owner & the additional homes occupied by tenants. Don't miss your opportunity to own a piece of Texas that offers it all, & STILL has potential!
Exterior Features

Construction Aluminum Siding Dock Permitted No Exterior Features Covered Patio/PorchStorage Fencing Fenced Foundation Other Lot Description AcreageClearedFew TreesPastureUndivided Parking Or Garage Additional Parking Parking Spaces 15 Pool On Property No Roof Composition Waterfront YN No

Interior Features

Appliances Electric CooktopElectric OvenElectric Range Basement No Cooling Window Unit(S) Fireplaces 0 Flooring Combination Handicap YN No Heating Zoned Interior Features Eat-In KitchenOpen Floorplan

Property Features

Building Area Source Public Records Building Area Total 1848.00 Complex Name None Construction Status Unknown Gross Annual Expenses 35000.00 Gross Annual Income 140000.00 HOA None Horse Permitted Yes Insurance Expense 700 Junior High School Name Ponder Lake Pump No Levels One List MLSProvider Greater Denton/Wise Association Of Realtors Listing Terms CashConventionalFhaTexas VetVa Loan Municipal Utility District No Net Operation Income 105000 Possession Closing/Funding Property Type Multi Family Special Notes Aerial Photo Tenancy Over 9 Months Unexempt Taxes 11002 Utilities DirtElectricity ConnectedSeptic Will Subdivide No

North Texas Real Estate Information Systems MLS logo Listing information © 2023 North Texas Real Estate Information System.


© 2023 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or EXIT Realty Elite. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than EXIT Realty Elite are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-06-04T22:41:42.207.
 
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EXIT Realty Elite
931 S Church Street
Grapevine TX, 76051
Offered by Rea Carpenter of Fathom Realty, Llc: [IDXCONTACTINFORMATION].