Blue Ridge, TX 75424 404 N Business Highway 78

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Presented By: Kala Hope with JPAR - Frisco; 972-836-9295
  • MLS# 20912418
  • 04/25/2025
  • Request Tour
  • Request Info
  • Beds • 36
  • Baths • 24

Home Details

Great Multi Family property built in 2001. This two story, townhome duplex community is owner built and managed and is 100% leased. There are a total of 12 units, each offering 3 bedrooms, 2 and half bathrooms and 2 living areas. The open floorplan, 9 ft ceilings and the beautiful finishes on this property, combined with the country feel of a small town makes this a highly desired place to live. Its location is close to churches, schools, shopping, as well as convenient access to major highways. Each unit is individually metered for all utilities and the property consist of 2 Parcels #R11648-000-0010-1 & R11648-000-0020-1. The kitchen offers plenty of cabinet apace, granite counters and an island which making prep work a breeze. The primary suite is downstairs and boast a massive shower, dual vanities, and a custom walk-in closet. The half bath is conveniently located under the stairs for ease of access. The upstairs offers 2 additional bedrooms, a full bath as well as a 2nd living area that is perfect for homework, a play room, or simply relaxing and watching TV. Each townhome has a large covered front porch, as well as a covered back porch and a small fenced yard, perfect for those weekend BBQ's. This is your chance to own this highly desired townhome community with a prime location and strong rental demand. Don't miss out on this investment opportunity. Schedule your showing today!
Presented By: Kala Hope with JPAR - Frisco; 972-836-9295

Interior Features for 404 N Business Highway 78

Bedrooms

Total Bedrooms36

Bathrooms

Total Baths24

Other Interior Features

Unit Count1
Fireplaces Total0
Lock Box TypeCall Listing Office
Window FeaturesWindow Coverings
Basement Y/NNo
FlooringLaminate, Luxury Vinyl Plank
Interior FeaturesCable TV Available, Double Vanity, Flat Screen Wiring, Granite Counters, High Speed Internet Available, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
Occupancy Rate100
Total Units12

General for 404 N Business Highway 78

# of Buildings6
Accessory Unit Y/NNo
AppliancesDishwasher, Electric Range, Electric Water Heater
Capitalization Rate5.53
Carport Spaces
CityBlue Ridge
Complex NameBowling Lane
Construction MaterialsFiber Cement, Siding
CoolingCentral Air, Electric
CountyCollin
DirectionsSee GPS
Elementary SchoolBlueridge
Elementary School NameBlueridge
Full Baths24
Green Energy Efficient12 inch+ Attic Insulation, Appliances, Construction, Low Flow Commode
Green Water ConservationEfficient Hot Water Distribution
Gross Annual Expenses2000.00
HOA TypeNone
HeatingCentral, Electric
High SchoolBlueridge
Insurance Expense46000
LevelsTwo
Listing TermsContact Agent
Number of Garage Spaces0
Occupant TypeTenant
Operating Expense IncludesAccounting, Insurance, Maintenance, Maintenance Grounds, Pest Control, Supplies
Pool Y/NNo
PossessionClosing/Funding
Property SubtypeDuplex
Property TypeResidential Income
RoofComposition
School DistrictBlue Ridge ISD
Security FeaturesSmoke Detector(s)
Special NotesAgent Related to Owner, Survey Available
Standard StatusActive
StatusActive
Subdivision NameBowling Place
TenancyOver 9 Months, Pet Restrictions, Pets Allowed
Unexempt Taxes48492
UtilitiesCable Available, City Sewer, City Water, Community Mailbox, Concrete, Electricity Available, Electricity Connected
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built2021
Year Built DetailsPreowned

Exterior for 404 N Business Highway 78

Attached Garage Y/NNo
Building Area Total17304.00
Covered Spaces
Exterior FeaturesCovered Patio/Porch
FencingBack Yard, Fenced, Wood
Foundation Pillar/Post/Pier, Slab
Garage Y/NNo
Lot FeaturesCleared, Cul-De-Sac, Few Trees, Interior Lot, Level, Subdivision
Lot Size.5 to < 1 Acre
Lot Size Acres0.9300
Lot Size Area0.9300
Lot Size Square Feet40510.8000
Lot Size UnitsAcres
Number Of Parking Spaces24
Parking FeaturesAdditional Parking, Assigned, Concrete, Driveway, Parking Pad, Paved, Side By Side
Patio And Porch FeaturesCovered
WaterfrontNo

Additional Details

Price History

Schools

Elementary School Blueridge Elementary School
Middle School N/A
High School N/A

Kala Hope

Agent
Price $3,300,000
MLS#20912418
List Date 04/25/2025
Property Type Multi-Family
Request Tour
Request Info

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