TX > Decatur > Jh Moore 2
Decatur, TX 76234,2820 US HWY 380
Decatur, TX 76234,2820 US HWY 380
Decatur, TX 76234,2820 US HWY 380
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$1,950,000
Est. payment /mo
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1.86 Acres Lot
Active

2820 US HWY 380 Decatur, TX 76234

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Patricia Ann Young

Patricia Ann Young

+1(972) 795-4260

UPDATED:

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Subdivision Jh Moore 2

MLS Listing ID 21073865

Total Fin. Sqft 2433

Year Built 2016

Annual Tax Amount $17,051

Lot Size 1.860 Acres

Acres 1.86

Property Sub-Type Business

Property Description

Eagles Nest Tiny Homes. 2820 Highway 380, Decatur, TX 76234. List Price: $1,950,000 Cap Rate: 8.61% Net Operating Income NOI $167,965
Turnkey tiny home rental community in unincorporated Wise County with strong occupancy and stable cash flow. The property includes 16 custom-built tiny homes approx. 392 sq. ft. each, all currently leased. Each home features a full kitchen with refrigerator, cooktop, oven, and microwave; homes are delivered unfurnished, providing flexibility for long-term or short-term rentals. Tenants enjoy included water, electric, and trash service. Additional amenities include an on-site coin laundry with Speed Queen equipment. The property is supplied by city water with a septic system, allowing future expansion without city zoning or approvals. Financially simple and low-maintenance, the community produces an 8.61% cap rate on $167,965 NOI with clear long-term demand in the fast-growing Decatur DFW corridor. Disclaimer: Aerial imagery is for illustration purposes only. Property boundaries and acreage approx. 1.86 acres are subject to survey; sales price is not contingent on exact land size. Property to be conveyed by metes and bounds description. Also available as a single turnkey investment: the 380 Eagle's Nest Tiny Home & Storage Facility as a combined portfolio. Includes 16 fully leased custom tiny homes with full kitchens and utilities included, an on-site coin laundry, and this 50-unit storage facility with 5 parking spaces. Combined operations generate $276,219 NOI on $361,620 gross income, delivering a 10.26% cap rate at $2,650,000 with upside as storage lease-up continues.

Location

State TX

County Wise

Zoning unincorporated. outside city limits

Direction google maps is correct

Interior

Heating Central, Electric

Cooling Central Air, Electric

Flooring Wood

Heat Source Central, Electric

Exterior

Utilities Available Septic

Roof Type Composition

Garage No

Building

Foundation Pillar/Post/Pier

Structure Type Wood

Others

Ownership G1L1

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21073865

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
©2025 North Texas Real Estate Information Systems.
Listed by Charles Horton • The Michael Group Real Estate

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Patricia Ann Young

Patricia Ann Young

Agent | License ID: 0555284

+1(972) 795-4260

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2820 US HWY 380

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