408 Dr Martin Luther King Jr Boulevard Waxahachie, TX $ 4,400,000
408 Dr Martin Luther King Jr Boulevard
$ 4,400,000
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408 Dr Martin Luther King Jr Boulevard

Waxahachie, TX, 75165
$ 4,400,000
Baths0.0

Monthly Estimate*

$ 30,735

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Studio

Commercial Property for sale in Waxahachie, TX

for $4,400,000. This building was built in 2021 on a lot size of 1.071.

SPRING CREEK VILLAS.....OPPORTUNITY TO BUY LUXURY APARTMENTS IN BOOMING AREA OF WAXAHACHIE. ENJOY WALKING DISTANCE TO DOWNTOWN! GREAT INVESTMENT PROPERTY WITH 18 UNITS. BUILDINGS COMPLETED IN 2022. Located close to shopping, spas, art, weekend events and great restaurants! All appliances including washer and dryer. Contemporary open floor plan with huge kitchen island and so much natural lighting. The kitchen and bathroom have custom cabinetry and many upgraded amenities. Tall ceilings and huge windows! Gated assigned parking and beautiful landscaping. Pool with cabana and outdoor cooking area. Access to Waxahachie Creek Hike and Bike Trail.

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Commercial Active

Price

$ 4,400,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 59,711

Style

Business

Lot Size

1.071

Year Built

2021

Town/City

Waxahachie

County/Region

Ellis

MLS | Web ID

20494882

Features
General
Heating Electric
Cooling Central Air
Utilities City Sewer City Water Community Mailbox Curbs Sidewalk
Ceiling Height 8 to10 Feet
Possession Negotiable
Roof Composition
Year Built 2021
Business Type Rental Residential
Business Name Spring Creek Villas LLC
Building Number 2
Property SubType Business
Subdivision Name Crescent Crk Villas
Occupant Type Tenant
County Ellis
Property Type Commercial Sale
Construction Materials Brick
Year Built Details Preowned
Status Active
Directions I35...EXIT 287 BUSINESS...GO PAST DOWNTOWN SQUARE...PROPERTY IS ON THE RIGHT
City Waxahachie
Buyer Agent Compensation 2
Street Name Dr Martin Luther King Jr
Standard Status Active
Buyer Agent Compensation Type %
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Exterior
Lot Features Few Trees Interior Lot Landscaped Sprinkler System
Lot Size Source Public Records
Parking Features Assigned
Lot Size 1 to < 3 Acres
Foundation Slab
Building Area Total 19504.00
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Interior
Flooring Ceramic Tile Luxury Vinyl Plank
Occupancy Rate 100
Total Stories 2
Total Units 18
Street Suffix Boulevard
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Internal Only
Street Number 1 408
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* Excluded Features
List By
Irma Monkres

Listing Agent

Century 21 Judge Fite Co.

Broker

Affordability Calculator

$35,711
Per Month
86%
14%
0%
Monthly Principal & Interest
$30,735
Monthly Property Taxes
$4,976
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
288163 Elementary School
288375 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
4/30/2024 $4,400,000 -8.33% Price Down
1/15/2024 $4,800,000 -15.14% Price Down
12/19/2023 $5,656,500 Listed Price

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408 Dr Martin Luther King Jr Boulevard, Waxahachie, TX, 75165 is a Commercial Property for sale at $4,400,000 with a lot size of 1.071. 408 Dr Martin Luther King Jr Boulevard is a studio with 0.0 baths and was built in 2021. The property's zip code is 75165 which is in Waxahachie, TX