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Archived over 2 years ago

$84,950

3 bd 1 ba 1068 sqft

Danforth Memorial Dr, Texas City, TX 77590

Residential SFR Off MLS

Current Rent **

N/A

Projected Rent **

$1,400

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Texas City TX | Perfect Rent House

PRICE REDUCED TO $84,950!

→ CALL OR TEXT Kelley Anderson at 208-965-7856 for more details.
AREA: Texas City

SUBDIVISION: Clairmont
1 story, 3 bedrooms, 1 bathroom, 1-car attached garage, 1068 sq ft
This is a fantastic investment opportunity! It is situated in the heart of Texas City and offers three bedrooms and one bathroom. Needs Central Air. TLC is needed here, and the possibilities are endless! It’s close to grocery stores, schools, shopping, and UTMB, as well as major destinations in Galveston, Kemah, and Clear Lake. Don’t let this awesome deal slip away! Reach out to Kelley Anderson at 208-965-7856 for more details and questions.
ARV is approx. $164,000, rent comps are $1,400/month.

Per previous owner:
--Never flooded
--A/C: 2019 || window units
--Roof: 2016
--Foundation: some settling

This one is Cash or Hard Money only. Offering is subject to American Home Buyer closing on the purchase. Seller reserves the right to reject all offers.

Location:

Danforth Memorial Dr, Texas City, TX 77590

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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.