1413 28TH AVE N
TEXAS CITY, TX 77590
List Price
$250,000
Initial Investment
$68,125Purchase Price
$250,000
Down Payment
25%
Rent
$2,310
Total Return
$68,268
Annualized Return
15.4%
Cap Rate
6.4%
Gross Yield
11.1%
Cash Flow
$1,295
Appreciation
4.5%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
7,187
HOA
None
Nestled in the desirable The Islands Phase 3 subdivision of Texas City, this expansive two-story home offers four bedrooms and three bathrooms, providing ample space for comfortable living. While the property requires a bit of TLC, it presents a fantastic opportunity to customize and create your dream home. The home boasts a well-designed floor plan, accommodating both daily living and entertaining needs. This property offers a promising return on investment after renovations. Residents enjoy proximity to local parks, shopping centers, and dining options, enhancing the appeal of the neighborhood. This property is ideal for those looking to invest in a home with great potential in a thriving community. Don't miss the chance to transform this house into your perfect residence schedule a viewing today!
See more in Analysis
Fred McDaniel
Realty ONE Group Iconic
TX Agent License #573495
Annual Financial Highlights
Expected Rent
$26,334Expenses
-$5,237Property Taxes
-$6,210Loan Payments
-$13,591Net Cash Flow
$1,295See 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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Certified Agent Brokerage:Fred McDaniel
Realty ONE Group Iconic
TX Brokerage License 9003340
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TX Brokerage License 9003340
SourceHouston Association of REALTORS®
MLS #38655066
Last Updated: 02/25/2025 19:02
MLS #38655066
Last Updated: 02/25/2025 19:02