$550,000
For Sale

302 LANTANA

Concan, TX 78838
2308 sqft | 4 beds | 2 baths | 3.63 acres | #1744541
Browse 50 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Situated in a prime location nestled within the heart of Concan, this extraordinary property spanning almost 4 acres is an exceptional opportunity. Boasting a furnished 4-bedroom, 2-bathroom main home with a proven rental history, alongside the charming "Cantina" - a 1-bedroom, 1-bathroom guest cabin complemented by a spacious screened porch and a picturesque patio shaded by majestic oaks, this property exudes potential. What sets this property apart are the possibilities it presents. With ample space to accommodate 2-3 additional homes for use as income-generating vacation rentals, the potential for expansion and additional income streams is unparalleled. It's worth noting that the property features 2 water meters, 2 electric meters, a well, and no restrictions, paving the way for a myriad of options for further development and refinement to create multiple rental units. Moreover, the presence of a 50 amp service tailored for recreational vehicles adds to the property's allure. The level land with deep, fertile soil is primed for the addition of a resort-style pool, while the abundance of live oak trees provides natural shade, making it an idyllic setting for guests to enjoy leisurely summer days. This property represents a rare and compelling investment opportunity, offering a unique combination of convenient location, promising rental history, and vast potential for expansion and enhancement. The time to seize this remarkable prospect is now, as opportunities of this caliber are not easily found. Don't miss the chance to own a property with such versatility and appeal. Act now to secure this exceptional piece of real estate and unlock its full potential for your investment portfolio.

  • Property Details
      • Property SubtypeSingle Family Detached
      • StyleOne Story, Traditional
      • School DistrictCALL DISTRICT
      • Elementary SchoolCall District
      • Middle SchoolCall District
      • High SchoolCall District
      • Property TypePurchase
      • MLS #1744541
      • MLS #1744541
      • Cost550000
      • Acres3.63
      • Square Feet2308
      • Year Built1986
      • Bedrooms4
      • Bathrooms2
      • Full Baths2
      • PoolN

Location

Jay ParkerReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00