1408 15TH AVE N

TEXAS CITY, TX 77590
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3 bd, 2 ba | 1,748 sqft | Built in 1967

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List Price
$185,000

Initial Investment

$50,413

Purchase Price

$185,000

Down Payment

25%

Rent

$1,820

Total Return

$55,066

Annualized Return

16.8%

Cap Rate

6.9%

Gross Yield

11.8%

Cash Flow

$1,815

Appreciation

4.5%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

8,559

HOA

None
This spacious one-story home features 3 bedrooms, 2 baths, a large den and living room, offering plenty of space for comfortable living. The attached 1-car garage is perfect for everyday convenience, while the detached 2-car garage provides extra storage or a workshop opportunity. Enjoy the covered patio, ideal for relaxing or entertaining. While the home could use some updating, it offers great potential to make it your own. Investors and DIY enthusiasts—this is your chance to add value! Don’t miss this opportunity!

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

$20,748

Expenses

-$4,275

Property Taxes

-$4,600

Loan Payments

-$10,058

Net Cash Flow

$1,815

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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Last Updated: 02/21/2025 12:02
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