Price Reduction
Address
2959 Us Highway 60 N, Billings, MO
Price
$ 199,900
Property Attributes
- MLS#60322433
- TypeSingle Family
- Listing Status Active
- CountyCHRISTIAN
- CityBillings
- NeighborhoodHighway Acres
- Zip65610
- StyleSingle Family Residence
- Year Built1960
- Taxes$ 920
- Price$ 199,900
- Bedrooms3
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage1456
- Lot Size1.7 Acres
Data Source:
Southern Missouri Regional MLS (SOMO)
Property Description
Rare income-producing parcel on 1.7 acres in Billings, MO with three separate revenue streams under one deed. Includes a 1,456 sq ft 3-bedroom, 1-bath home (built 1960), a detached 2-car garage/shop, and 10 RV/camper pads -- 4 of which are currently rented at $250-$300/mo, producing $1,150/mo in current income. Active rental demand from prospects waiting on vacancies.Christian County has confirmed the property is compliant under current regulations (10-pad cap). Property sits outside both Billings and Republic city limits -- no additional municipal restrictions.The 10 lots have their own dedicated septic system. House and pads share water; electric runs on 3 separate meters (house, garage/shop, pad cluster). The house septic was replaced 2-3 years ago.The home is a complete rehab project -- roof, siding, windows, flooring, HVAC, kitchen, and bath. Bring your contractor. Estimated rehab budget $55K-$75K.Post-rehab and full stabilization, the property pencils to a 16%+ cap rate on purchase price with strong cash-on-cash returns and meaningful BRRR potential. Highway 60 frontage. Tenants handle yard maintenance. Sold strictly as-is. Cash, hard money, or commercial financing required.Full investor pro forma available on request.
| Elementary School | Middle School | High School |
|---|---|---|
| Billings Elementary School | Billings Middle School | Billings High School |
| Price History | |
|---|---|
| 5/1/2026 | Listed $219,900 |
| 6/9/2026 | 5$209,900 |
| 9/14/2026 | 5$199,900 |
General Features
| Sewer | Septic Tank |
|---|---|
| Heating | Central |
| Cooling | Central Air,Window Unit(s) |
| Possession | Closing |
| Garage Spaces | 2 |
| Year Built | 1960 |
| Stories Count | 1 |
| Levels | One |
| Property Subtype | Single Family Residence |
| Tax Year | 2024 |
| County | Christian |
| Property Type | Residential |
| Subdivision Name | Highway Acres |
| Garage Y/N | Yes |
| Other Structures | Outbuilding |
| Full Baths | 1 |
| Status | Active |
| Directions | From Republic: Head west on US Highway 60 approximately 6 miles. Property is on the north side of US-60 in Billings. |
| High School | Billings |
| City | Billings |
| Elementary School | Billings |
| Tax Annual Amount | 920.09 |
| Middle/Junior High School | Billings |
| Standard Status | Active |
| Legal Description | LOT 2 HIGHWAY ACRES |
| Vacation Rental | No |
| Docks/Slips | No |
Interior Features
| Basement (Y/N) | No |
|---|---|
| Fireplace Y/N | No |
| Above Grade Finished Area | 1456 |
| Total Bedrooms | 3 |
| Total Baths | 1 |
Exterior Features
| Water Source | Private |
|---|---|
| Building Area Total | 1456 |
| Lot Dimensions | 731 X 350 |
| Lot Size Acres | 1.7 |
| Road Frontage Type | Highway |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 65610
Price
Taxes
Year Built
Visits
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