tomo logo

$199,999

Beds
1
Baths
2.0
sq ft
9,000

200 W 8th St, Cisco, TX 76437

200 W 8th St

Cisco, TX 76437

  • 334 days on market
Investors, seize an unparalleled opportunity in Cisco, Texas! This 9000 SF standalone building is a strategic addition to your portfolio, evenly split between 4500 SF upstairs and 4500 SF downstairs. The upstairs hosts a 1-bdrm apartment with new windows and a separate entrance, adaptable for upscale offices or additional units. Downstairs, complete with ADA bath, new HVAC, and roof from 2018, showcases immediate revenue potential. Situated in downtown Cisco, within walking distance to landmarks and just 5 miles from Lake Cisco, this property seamlessly combines modern convenience with small-town charm. The As Is offering signifies an open canvas for your vision and investments, allowing you to shape the property to your specifications. With 9000 SF and a prime location in a growing community, this investment is poised for substantial returns. Don't miss the chance to capitalize on this versatile property and be part of Cisco's promising future! Priced close to $50,000 below CAD!

Details

Property type

Single Family Residence

Lot size

4,486.68 sq ft

Price per sq ft

$23

Year built

1930

Annual property taxes

$2,324

Price History

08/22/2024
NTREIS

NTREIS #20491051

Listed
$199,999
06/16/2024
NTREIS

NTREIS #20491051

Pending
$199,999
03/25/2024
NTREIS

NTREIS #20491051

Listed
$199,999

Schools & Community

Elementary school: 

Cisco

Middle school: 

Unknown

High school: 

Cisco

School district: 

Cisco ISD

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

First Financial Bank Na

Loan start date

January 2020

Original loan amount

$138,283

Est. remaining balance

Not provided

Interest rate

3.66%

Loan type

Commercial, 5 year

Seller

William T Vick Iii and Connie Vick

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/05/2024 at 9:40 PM

Listing updated: 08/22/2024 at 3:40 PM

Listed by: Nikki Duncan, Abilene Group Premier Re. Adv. Phone #: (325) 829-3918

MLS: NTREIS #20491051

NTREIS logo

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