11408 32nd Ave N

Texas City, TX 77591
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3 bd, 2 ba | 1,961 sqft | Built in 1994

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List Price
$295,000

Initial Investment

$80,388

Purchase Price

$295,000

Down Payment

25%

Rent

$2,180

Total Return

$106,244

Annualized Return

18.0%

Cap Rate

5.2%

Gross Yield

8.9%

Cash Flow

-$1,649

Appreciation

6.8%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

7,360

HOA

$11/mo
Remodeled home with tons of upgrades. Large primary bedroom with an adjacent large library room. Two huge closets, separate shower and tub. Separate sinks.Open kitchen that flows into the den area. Large storage shed in the backyard, and a hot tub. The home is located near I-45 close to the shopping and restaurant areas. 15 minutes from Galveston beach.

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Fred McDaniel
Realty ONE Group Iconic
TX Agent License #573495

Annual Financial Highlights

Expected Rent

$24,852

Expenses

-$4,554

Property Taxes

-$5,910

Loan Payments

-$16,038

Net Cash Flow

-$1,649

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
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Listing Courtesy of:Rudolph Reyes
Agent License 0431399
Walzel Properties - Corporate Office
Certified Agent Brokerage:Fred McDaniel
Realty ONE Group Iconic
TX Brokerage License 9003340
SourceHouston Association of REALTORS®
MLS #86959859
Last Updated: 03/09/2025 10:03
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