Back to search
505 Bub Hayner Road Karnack, TX $ 1,395,000
Share Save
$ 1,395,000 Get more info
505 Bub Hayner Road
$ 1,395,000
Back to search
Share Save

505 Bub Hayner Road

Karnack, TX, 75661
$ 1,395,000
Bedrooms-- Baths--

Monthly Estimate*

$ 8,703

505 Bub Hayner Road, Karnack, TX 75661 - Image 1
505 Bub Hayner Road, Karnack, TX 75661 - Image 2
505 Bub Hayner Road, Karnack, TX 75661 - Image 3
505 Bub Hayner Road, Karnack, TX 75661 - Image 4
505 Bub Hayner Road, Karnack, TX 75661 - Image 5
505 Bub Hayner Road, Karnack, TX 75661 - Image 6
View a Virtual Tour

Commercial Property for sale in Karnack, TX

for $1,395,000. This building was built in 1994 on a lot size of 7.78.

Caddo Lakefront Apartments Complex, Private Boat Ramp, 4 RV sites and 2 HOMES!! 9 Unit Apartment Style Townhomes and a home, all Located on Caddo Lake! NO HOA! 2 homes, 4 RV pads and fishing pier and priavte boat ramp. Room to add more units. No restrictions and situated on 7.7 acres UNIT 1 : 3-2 rented at $1250 renovated 2024 UNIT 2 : 3-2 rented at $895 renovated 2022 UNIT 3 : 1-1 rented at $650 (manager lives discounted rent)-wants to stay UNIT 4 : 3-2 rented at $1050 renovated 2024 UNIT 5 : 2-1 rented at $895 renovated 2024 UNIT 6 : 2-2 rented at $950 UNIT 7 : 1-1 rented at $700 renovated 2024 UNIT 8 : 2-2 rented at $ 950 renovated 2024 UNIT 9 : 1-1 rented at $720 renovated 2024 HOUSE : 3-2 rented at $800 partly renovated 2024 4 RV sites, currently vacant. Proforma 400 per monthX 4= 1600 per month. 2 homes, 1500 per month and 1800 per month. One of homes went vacant on August 1st, so could be owner occupied and was recently remodeled. TOTAL CURRENT ACTUAL MONTHLY GROSS $10,360 TOTAL YEARLY GROSS $ 125,000 Mowing : $3000 Trash : $2800 Insurance( currently none) anticipated 10K per annum Proforma monthly- 13,760 Proforma annual- 165,120 Proforma NOI- 136,000 Perfect for owner operator or investors! Newly Renovated and offering seller financing for qualified buyers! Information enclosed deemed reliable but not guaranteed by listing broker. Buyer is responsible for his or her own due diligence. Listing broker cannot warrant the complete accuracy thereof subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice.Turn Key property group and its affiliates do not assume any legal liability for the accuracy of the enclosed information regarding subject listing. DO NOT DISTURB, SHOWINGS by appointment only. This is a fully occupied property.

See more
Commercial Active

Price

$ 1,395,000

Property Type

Commercial

Taxes

$ 946

Style

Hotel/Motel

Lot Size

7.78

Year Built

1994

Town/City

Karnack

County/Region

Harrison

MLS | Web ID

21021852
Features
General
Heating Central
Cooling Central Air Electric
Utilities Aerobic Septic
Ceiling Height 8 to10 Feet
Possession Closing/Funding
Roof Composition Metal
Year Built 1994
Business Type Accounting
Business Name The Cove
Property Subtype Hotel/Motel
Subdivision Name Leisure Cove Resort
County Harrison
Property Type Commercial Sale
Construction Materials Frame
Year Built Details Preowned
Status Active
Directions The Cove at Caddo Lake 505 Bub Hayner GPS will take you there.
City Karnack
Standard Status Active
Listing Terms 1031 Exchange Cash Owner Will Carry Other
See more
Exterior
Waterfront 1
Lot Features Acreage Water/Lake View Waterfront
Lot Size Source Owner
Parking Features Asphalt Circular Driveway
WaterFront Features Lake Front Water Board Authority – Private
Lot Size 5 to < 10 Acres
Foundation Other
Building Area Total 1276.00
See more
Interior
Flooring Other
Total Stories 2
Total Units 12
See more
Internal Only
Street Number 1 505
See more
* Excluded Features
List By
Travis Turner

Listing Agent

Turn Key Property Group

Broker

Affordability Calculator

$8,782
Per Month
99%
1%
0%
Monthly Principal & Interest
$8,703
Monthly Property Taxes
$79
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
288163 Elementary School
288375 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
8/4/2025 $1,395,000 Listed Price

Map

More homes like this one

homes for you

See all
See all

505 Bub Hayner Road, Karnack, TX, 75661 is a Commercial Property for sale at $1,395,000 with a lot size of 7.78. 505 Bub Hayner Road was built in 1994. The property's zip code is 75661 which is in Karnack, TX

Get more info