9777 State Highway 31 W new Save Request In-Person Tour Request Virtual Tour
Malakoff,TX 75148
Key Details
Property Type Multi-Family
Sub Type Multiple Single Units
Listing Status Active
Purchase Type For Sale
Square Footage 680 sqft
Price per Sqft $330
Subdivision Crescent Heights
MLS Listing ID 21039090
Year Built 2024
Annual Tax Amount $373
Lot Size 2.104 Acres
Property Sub-Type Multiple Single Units
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.
Location
State TX
County Henderson
Interior
Heating Other
Cooling Wall Unit(s)
Flooring Concrete
Exterior
Garage Spaces 1.0
Utilities Available Aerobic Septic,City Water
Roof Type Metal
Building
Story One
Foundation Slab
Structure Type Concrete
Schools
Elementary Schools Malakoff
Middle Schools Malakoff
High Schools Malakoff
School District Malakoff Isd
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21039090