1. Texas
  2. Malakoff
  3. 9777 State Highway 31 W
$225,000

9777 State Highway 31 W, Malakoff, TX 75148

  • 680 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 2024
  • Property Lot Size Icon2.1acre lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $331/sqft
  • Property List Date Icon Listed 20 days ago

Property Description

Low Maintenance Investment Opportunity on Hwy 31 This manufactured home park sits directly on Highway 31 between Athens and Malakoff, offering excellent visibility, accessibility, and consistent rental demand. With a mix of rental units, lot leases, and even a cutting-edge 3D concrete printed home, this property is truly one of a kind. Property Features 8 Units plus Garage (plus 1 vacant pad ready for a home or RV) City Water & Septic (tenants pay electric; owner covers septic) 5 Units – lot rent only (all occupied) 1 Unit – lot rent and note on manufactured home 1 Unit – 3D Concrete Printed Home (just 1 year old) Garage – rented for additional income NOI: $7,000 per yr Investment Highlights Multiple income streams on rent, notes, and garage lease Unique upside with 3D printed housing showcase Low overhead – tenants handle their own utilities & home upkeep Prime highway frontage in growing East Texas corridor Expansion potential – fill the vacant pad for immediate value-add This property combines stability with growth potential—ideal for investors seeking steady cash flow and long-term upside.

Listing Status:
Active
Listing Office:
Texas Legacy Property Group : 817-368-8000
Listing Agent:
Scott Wheeler : 817-368-8000
MLS ID:
21039090
  • General: Other
  • Appliances: Electric Range
  • Flooring: Concrete
  • A/C: Wall Unit(s)
  • Heating: Other

This listing courtesy of Scott Wheeler, Texas Legacy Property Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Malakoff Elementary School

310 N Terry St, Malakoff, TX, 75148

Grades PK-5

4.01 miles away

M

Malakoff Middle School

106 N Cedar St, Malakoff, TX, 75148

Grades 6-8

3.57 miles away

M

Malakoff Alternative Program (Map)

1209 W Royall Blvd, Malakoff, TX, 75148

Grades 10-10

5.14 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.