Waxahachie, TX 75165,3838 S Highway 287
$1,550,000
$1,550,000
Est. payment /mo
2 Acres Lot
Sold on 07/02/2025

3838 S Highway 287 Waxahachie, TX 75165

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Jeff Dowden
Jeff Dowden

Agent | License ID: 0663053

+1(903) 821-4557

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Key Details

Sold Price $1,550,000

Property Type Commercial

Sub Type Warehouse

Listing Status Sold

Purchase Type For Sale

Subdivision Bosarge Estates

MLS Listing ID 20225120

Sold Date 07/02/25

Total Fin. Sqft 11625

Year Built 2000

Annual Tax Amount $12,000

Lot Size 2.000 Acres

Acres 2.0

Property Sub-Type Warehouse

Property Description

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.

Location

State TX

County Ellis

Zoning commercial

Direction From Waxahachie take highway 287 south to Ennis. Property will be on the Right.

Interior

Heating Central, Electric

Cooling Central Air, Electric

Flooring Concrete

Heat Source Central, Electric

Exterior

Utilities Available Aerobic Septic

Roof Type Metal

Garage No

Building

Foundation Slab

Structure Type Brick,Stucco

Others

Ownership Del Z Enterprises, LLC

Financing Conventional


North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Oscar Reyes • Hi View Real Estate
Bought with Non-Mls Member • NON MLS

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agent
Jeff Dowden

Agent | License ID: 0663053

+1(903) 821-4557 | jeffdowdenrealestate@gmail.com

Name
Phone*
Message

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3838 S Highway 287