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494 Glory Lane

Marion, TX 78124
1345 sqft | 3 beds | 2 baths | 16.67 acres | #1757148
Type:Purchase
Structure:Mobile Home
Zone:Residential

Description

Great income producing investment property outside of New Braunfels located in Marion TX conveniently located 25 miles from San Antonio or 28 miles from San Marcos. 16.67 acre Ag Exempt property currently generating ~$3500.00 in passive income. The property has a 1344 sq ft 3/2 bath nicely appointed Manufactured Home that is registered as Real Property and rents for $1850.00. In addition, the property currently operates as a horse boarding operation with 5 stall metal barn, 1 hay stall and tac room including 4 runs as well as 4 turnout pastures with shelters, open air riding arena and 4 cross fenced pastures. Detached 2 car garage in addition to a small storage sheds. Property has strong revenue potential with borders for horses of ~$8000 per month. Water and electric provided by Guadalupe Valley Electric Co-Op.

Location

Texas Land TeamReal Estate Group