308 Farm to Market Road 250

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308 Farm to Market Road 250

Marietta, TX 75566
Asking Price
$475K
Asset Type
Manufacturing Industrial
Class
Class B

What's Special

Own a piece of rural East Texas history with this 7‑room schoolhouse built in 1935. <p><span style="color: rgba(33, 37, 41, 1)"> </span>We are pleased to present a rare chance to acquire a remarkable piece of rural East Texas history. This 7‑room schoolhouse, built in 1935 and never before offered to the public, provides exceptional potential for redevelopment, preservation, or specialty use.</p><p>The property includes <strong>11,000 sq ft</strong> of interior space featuring <strong>six large classrooms and an auditorium</strong>, plus an additional <strong>10,500 sq ft gymna

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NOI
$80,000
Cap Rate
16.84%
DSCR
2.84
Strong
Cash-on-Cash
36.35%
Monthly Payment
$2,350.041
Annual Cash Flow
$51,799.51

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