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Tara Limbird

Principal Broker | Operator | Limbird Real Estate Group | PLACE

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2959 Us Highway 60 , Billings, MO 65610
$209,900
Est. Payment: $1,082.44/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 8
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By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Tara Limbird, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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Tara Limbird
Principal Broker | Operator
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House 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.
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Highlights

Listed by Zachary Albers , (417) 894-2016 Albers Real Estate Group , (417) 413-4305. Southern Missouri Regional MLS, LLC.

Property Type

Multi-Family
Lot/Acreage
1.7

Year Built

1960

County

Christian

 Neighborhood

Highway Acres

 School District

Billings

Listing ID

60332459

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Air Cond:Central Air
Fireplaces:
Water:City,Private

Exterior Features

Lot Dimensions:731 X 350
Zoning:See Desc
Sewer:Septic System
Principal Interest
$1,082
Taxes
$77

Home Price

$209,900

Loan Details

30 yrs
6.69%

Down Payment

20%
$41,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,082.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,082.44 $76.67 $0.00 $1,159.11
Yearly $12,989.25 $920.09 $0.00 $13,909.34
Total $389,677.38 $27,602.70 $0.00 $417,280.08

Today's Rates

30 Year

6.69%

20 Year

6.49%

15 Year

6.16%

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Market insight data is pulled from the same city as the listing being viewed (Billings, MO).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

The data relating to real estate for sale on this web page comes in part from the Internet Data Exchange (IDX) of the Southern Missouri Regional MLS, LLC, Inc. Real estate listings held by Brokerage firms other than Limbird Real Estate Group | PLACE are marked with the IDX logo and detailed information about them includes the name of the listing Brokers. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information being provided is not guaranteed, and all information should be verified by the consumer. Any representation that a web site contains all listings shall only mean that the website contains all listing available to the public through the IDX data feed. There may be other properties offered through a REALTOR® that have not been displayed on this site. ©2026 Southern Missouri Regional MLS, LLC. All rights reserved.

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Data last updated: 2026-09-04T20:51:33.000Z

© 2026 Southern Missouri Regional MLS, LLC.