2820 Us Hwy 380

Decatur, TX 76234
  • $1,950,000

    Price
  • 0

    Bed
  • Bath
  • 2,433

    SqFt

About the Listing MIGR02HU - 0546099,0546101

Eagles Nest Tiny Homes. 2820 Highway 380, Decatur, TX 76234. List Price: $1,950,000 Cap Rate: 8.61% Net Operating Income NOI $167,965 Turnkey tiny home rental community in unincorporated Wise County with strong occupancy and stable cash flow. The property includes 16 custom-built tiny homes approx. 392 sq. ft. each, all currently leased. Each home features a full kitchen with refrigerator, cooktop, oven, and microwave; homes are delivered unfurnished, providing flexibility for long-term or short-term rentals. Tenants enjoy included water, electric, and trash service. Additional amenities include an on-site coin laundry with Speed Queen equipment. The property is supplied by city water with a septic system, allowing future expansion without city zoning or approvals. Financially simple and low-maintenance, the community produces an 8.61% cap rate on $167,965 NOI with clear long-term demand in the fast-growing Decatur DFW corridor. Disclaimer: Aerial imagery is for illustration purposes only. Property boundaries and acreage approx. 1.86 acres are subject to survey; sales price is not contingent on exact land size. Property to be conveyed by metes and bounds description. Also available as a single turnkey investment: the 380 Eagle’s Nest Tiny Home & Storage Facility as a combined portfolio. Includes 16 fully leased custom tiny homes with full kitchens and utilities included, an on-site coin laundry, and this 50-unit storage facility with 5 parking spaces. Combined operations generate $276,219 NOI on $361,620 gross income, delivering a 10.26% cap rate at $2,650,000 with upside as storage lease-up continues.

Listing Highlights for 2820 Us Hwy 380

Status Active
Days on Site 11
Property Type Commercial Sale
MLS ® 21073865
Year Built 2016
Total Square Footage 2,433
Lot/Acreage 1.86
County Wise
Neighborhood Jh Moore 2

Interior Details

  • Bedrooms: 0
  • Bathrooms: Full
  • Appliances:
  • Air Cond: Central Air,Electric
  • Heating: Central,Electric
  • Fireplaces:
  • Floor: Wood
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Lot Description: 1 to < 3 Acres
  • Garage Capacity: N/A
  • Zoning: unincorporated. outside city limits
  • Roof: Composition
  • Others: Preowned
  • Sewer:
  • Parking Features: Asphalt,Common

Financial Details

  • Tax Amount: $17,051
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 201100845
  • Tax Year: N/A

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2820 Us Hwy 380 Decatur, TX 76234

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