$200,000
For Sale

El Camino Real

Chico, TX 76431
Browse 5 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Incredible opportunity to develop your own tiny home community within city limits on nearly a full acre of land, already zoned and approved for tiny home development. No need to worry about drilling a well or installing septic system. This property is city-serviced and ready for utility connection. Electricity is available nearby through Wise Electric Co-Op.
The current owner has done the heavy lifting and will provide a plat map, topographic survey, and the approved zoning ordinance for tiny home use. All that’s left is for the new owner to bring in utilities, place TDLR certified tiny homes on permanent foundations, and start generating income.
With sky high demand for affordable housing in the area and a track record of 100% occupancy at the neighboring tiny home community, this is an excellent investment opportunity for knowledgeable developers, investors, or visionary entrepreneurs ready to meet a growing market need.
Don’t miss this chance to create a thriving, high-demand rental community with a large portion of the leg work already done for you!

  • Property Details
      • Utility FeaturesElectricity Available, Sewer Available, Water Available
      • Parcel Number797820, 797819, 797818
      • Lot FeaturesOther, City Lot
      • Lot DescriptionOther, City Lot
      • Property Subtype AdditionalImproved Land
      • SubdivisionChico Estates
      • Sewer InformationPublic Sewer
      • Property SubtypeImprovedLand
      • School DistrictChico ISD
      • Property TypePurchase
      • MLS #20987521
      • MLS #20987521
      • Utility SourcePublic
      • Cost200000
      • Acres0.898
      • Elementary SchoolChico
      • Middle SchoolChico
      • High SchoolChico
      • CountyWise
      • Days on Market (Cumulative)1

Location

McCOWN Real EstateThe McCOWN Team
OR

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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