2105 FM 1971, Gary, TX 75643 – 25016334 - Terry McNeill

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Terry McNeill

terrymcn.realtor@gmail.com +1(903) 871-5058

$779,000

Est. payment - /mo

5 Beds

4 Baths

4,907 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,907 sqft

Price per Sqft $158

Subdivision E Lewis

MLS Listing ID 25016334

Bedrooms 5

Year Built 1977

Annual Tax Amount $606

Tax Year 2025

Lot Size 2.800 Acres

Acres 2.8

Property Sub-Type Fourplex

Property Description

Lakeview Cabins, located just footsteps away from the Dotson Bridge boat dock on beautiful Lake Murvaul. This unique multi-family property sits on 2.8 acres and features 11 total units, including 9 kitchenette cabins, One 2-bedroom house & One 1 Bedroom House, and 2 RV-spots for additional income, offering excellent potential for short-term, mid-term, or long-term rentals. Each unit has completed renovated exteriors in 2022, with smart board siding, paint and exterior doors. All new roofs with 30-year shingles on each unit in 2022. New driveways and parking areas in 2022. Vinyl plank and tile flooring and new appliances installed in each unit 2019-2022.The property is supported by its own private water well installed in 2019. With its close proximity to the lake and ample space for guests, Lakeview Cabins presents a rare opportunity for investors seeking a turn-key income property in the heart of East Texas.

Location

State TX

County Panola

Zoning Multi Fam Dwelling 11

Interior

Heating Other/See Remarks

Cooling Window Unit(s)

Flooring Ceramic Tile, Vinyl Plank

Fireplaces Type None

Exterior

View Y/N No

Roof Type Composition

Building

Foundation Slab

Sewer AerobicSeptic Sys

Water Well

Schools

Elementary Schools Gary

Middle Schools Gary

High Schools Gary

Others

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

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Listed by Benjamin Wooten • Coldwell Banker Home Place-Henderson

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Terry McNeill

+1(903) 871-5058

REALZTOR®, PSA, CREN | License ID: 0642513

REALZTOR®, PSA, CREN License ID: 0642513

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2105 FM 1971 Gary, TX 75643

Terry McNeill

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