30011 Black Cherry St, Magnolia, TX 77354

Property Description

TENANTS OCCUPIED currently producing $3,000 Monthly Income. . Exceptional Home & Investment Opportunity - No Restrictions! This well-maintained 2-bedroom, 2-bath split-plan manufactured home, currently leased at $1,400/month, sits on nearly one acre in the desirable Oakwood Acres community. The property offers privacy, generous outdoor space, and multiple income-producing opportunities, including two RV sites connected to a dedicated septic system, one leased at $750/month, plus an 18' x 22' bonus room on a concrete foundation leased at $850/month. Complete with three storage sheds and ample room for expansion or customization, this versatile property delivers immediate cash flow and outstanding long-term investment potential.