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1210 FM 667

Purdon, TX 76679

$500,000

6 units · 1967

Units6
Building area1,800 sq ft
Year built1967
Gross income$64,200/yr
Cap rate9.96% as listed
Parking6 spaces
Lot size0.829 acres
TypeApartment

What it costs to own

TaxesNot provided by the listing
HOANone listed
Operating expenses$14,380 per year — as listed
Insurance$3,180 per year — as listed
Net operating income$49,820 per year — as listed

About this home

Income-producing 6-unit investment property on approximately 0.829 acres in Purdon. Property consists of five 1-bedroom 1-bath units plus one efficiency unit, with each unit renovated within the last three years. Five units feature mini-split HVAC systems, while the efficiency includes a window unit and is being offered fully furnished. Tenants are separately metered for electricity, helping keep owner-paid expenses low. Septic system has been routinely serviced and cleaned. Current gross income is approximately $64,200 annually with reported NOI of approximately $49,820. Property offers additional upside through the potential addition of an on-site laundry facility and future RV pad development; seller reports soft approval for additional RV pads, buyer to independently verify all development potential and approvals. Strong opportunity for an investor seeking existing cash flow with room for further income growth.

Information contained herein is deemed reliable but not guaranteed. Buyer and Buyer’s Agent are responsible for independently verifying all information, including but not limited to measurements, square footage, schools, zoning, utilities, taxes, financials, leases, income and expenses, property condition, permitted uses, and any future development or expansion potential. Buyer to conduct all desired due diligence prior to closing.

The details

HeatingHeat Pump, Space Heater
CoolingElectric, Heat Pump, Multi Units, Wall/Window Unit(s)
FlooringCarpet, Vinyl
AppliancesDishwasher, Electric Range
Interior featuresCable TV Available, Open Floorplan

Construction materialsSiding
RoofMetal
FoundationSlab

Water sourceIndividual Water Meter
SewerAerobic Septic
ElectricElectricity Available

ElementaryBloominggr
Middle schoolBloominggr
High schoolBloominggr
DistrictBlooming Grove ISD

Gross income$64,200 per year
Operating expenses$14,380 per year
Insurance$3,180 per year
Cap rate9.96% — as listed
Net operating income$49,820 per year

MLS #21404163
Source
On the market1 day
CountyNavarro

Around this home

One moment…

Everyday life

Nearest groceryBrookshire Brothers · 10 mi
Walmart Supercenter · 13 mi
ALDI · 13 mi
Nearest parkOak Park · 0.3 mi
Liberty Hill Park · 1.2 mi
Wolf Creek Park · 2.8 mi

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Listing courtesy of Eartha Wang — Victor Lazcano.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21404163. Information last updated October 6, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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