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Archived 6 months ago

$389,900

rooms 0 ba 3200 sqft

3986 Avenue B, Brookshire, TX 77423

Commercial Multifamily

Current Rent **

$1,750

Projected Rent **

$3,750

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Houston Duplex Two Year Lease in Place $389K

Two-Story duplex in Brookshire featuring 3 bedrooms, 2.5 baths per unit. Each unit offers an open-concept first-floor layout with living, dining, and kitchen areas. The kitchen has a large island with a breakfast bar. Interior Finishes include vinyl plank flooring and carpet. Unit A is vacant and features new flooring throughout. Unit B is tenant occupied with an existing two-year lease in place. Property was built in 2018 and sits on an approximately 8,999 sq ft lot. Suitable for owner occupancy in one unit while leasing the other, or full rental use. Located minutes from I-10 with direct access to the Katy retail and employment hub. The surrounding area continues to see significant commercial and industrial development, including the Tesla manufacturing facility in Brookshire. As the region expands, demand for housing in this corridor remains strong. With no HOA and income-producing potential, this duplex offers flexibility and long-term upside in a rapidly developing market.

Unit B (leased): $1,750/month
Unit A (market rent estimate): $2,000/month
Total Monthly Rent $3,750

Wale Lawal
REALTOR | INVESTOR, LPT Realty, LLC
(832) 776-9582 (p) | (832) 776-9582 (m)
[email protected]

Location:

3986 Avenue B, Brookshire, TX 77423

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.