This is a great opportunity for a first time investor. A highly motivated seller who will consider all offers. Two 399 square foot modular units with a great rental income history. You need to see these to appreciate their proximity to Decatur and US 287 and the Metroplex and TX 101 and Wichita Falls an hour away.
investor Special!! tiny home community with 4 units, each renting $700-$750. The units are set up with individual electric meters .Some updates in 2022... Close to the town square for the shops, bank and grocery store.. Owner finance option with 20%
Investor Opportunity.. there are 3 older homes that are rented on a yearly basis. There is space for up to 2 more units with city sewage hookups and electricity in place already. This park and the trailers are being sold AS IS. Park is on approximately 1 acre according to the tax site. A NEW survey may be required and will be at the buyer's expense. Will seller Finance.. 20% down..
The median home value in Chico, TX is $311,800. This is lower than the county median home value of $337,900. The national median home value is $338,100. The average price of homes sold in Chico, TX is $311,800. Approximately 60.13% of Chico homes are owned, compared to 26.51% rented, while 13.36% are vacant. Chico 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 Chico real estate agent to arrange a tour today!
Chico, Texas has a population of 1,283. Chico is more family-centric than the surrounding county with 37.58% of the households containing married families with children. The county average for households married with children is 36.71%.
The median household income in Chico, Texas is $61,351. The median household income for the surrounding county is $75,482 compared to the national median of $69,021. The median age of people living in Chico is 30.6 years.
The average high temperature in July is 94 degrees, with an average low temperature in January of 28.5 degrees. The average rainfall is approximately 35.8 inches per year, with 1.2 inches of snow per year.