Awesome Commercial Income producing property in very established and growing community at Holly Lake Ranch. The property has road frontage on FM 2869 with extra lot on the road frontage next door which adds plenty of room to grow. This property offers great opportunity for investors. The front building is 4000 sq ft offering 5 rental units. They are currently all rented with tenants that have occupied the units for a length of time, and all have their own water and electric meters. The tenants display a wide diversity of rentals including a Gift/Book store, Office, Restaurant, a Salon and Massage. Out back you will find the sixth rental which is a 2000 sq ft metal building with office and storage, which could accommodate a wide range of different businesses. It also has two carports with 2700 sq ft under roof. Plus, there is a Billboard on the property which brings in income. And don't forget the 1 acre lot next door goes with the property for future expansion. Don't miss your opportunity to add this very flexible property to your portfolio. Schedule a showing today!
The median home value in Holly Lake Ranch, TX is $202,100. This is lower than the county median home value of $240,200. The national median home value is $338,100. The average price of homes sold in Holly Lake Ranch, TX is $202,100. Approximately 62.72% of Holly Lake Ranch homes are owned, compared to 5.05% rented, while 32.22% are vacant. Holly Lake Ranch real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Holly Lake Ranch real estate agent to arrange a tour today!
Holly Lake Ranch, Texas has a population of 2,482. Holly Lake Ranch is more family-centric than the surrounding county with 29.25% of the households containing married families with children. The county average for households married with children is 23.81%.
The median household income in Holly Lake Ranch, Texas is $61,531. The median household income for the surrounding county is $58,418 compared to the national median of $69,021. The median age of people living in Holly Lake Ranch is 59.5 years.
The average high temperature in July is 92.8 degrees, with an average low temperature in January of 32.1 degrees. The average rainfall is approximately 47.1 inches per year, with 0.7 inches of snow per year.