494 Glory Lane
Marion, TX 78124
1345 sqft | 3 beds | 2 baths | 16.67 acres | #1757148
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
Legal
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Last Updated: . Source: SABOR
Listing Courtesy
Listing Agent: Bennett Kennedy (#47473), Phone: (210) 408-2500, Email: bkennedy@phyllisbrowning.com
Listing Office: Phyllis Browning Company (#BROW0002)