314 W 3RD ST
LEAGUE CITY, TX 77573
List Price
$295,000
Initial Investment
$80,388Purchase Price
$295,000
Down Payment
25%
Rent
$2,230
Total Return
$92,032
Annualized Return
16.5%
Cap Rate
5.6%
Gross Yield
9.1%
Cash Flow
-$509
Appreciation
5.7%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
12,500
HOA
None
Deep in the Heart of Historical, League City, Texas! Extensive work has been done on this 3 Bedroom, 2 Full Bath (updated 2021). Home features a Massive Corner Double Lot with Mature Trees and a 2 Car Garage. Home has a Sunroom, Game Room, Office, Gas Cooktop, Granite Countertops, Soft Closing Cabinets & Drawers, Kitchen Island w/Breakfast Bar, In Home Laundry Facility & Extensive Upgrades to Include: Pex Plumbing, New Roof, HVAC System, Water Heater, Appliances, Fixtures, Electrical Box & Conduits, Luxury Vinyl Flooring, Bathrooms, Front Porch & Rear Deck, Easy Access to I-45, Great Dining & Entertainment. SELLER HIGHLY MOTIVATED TO SELL!!
BRING ALL OFFERS!!
See more in Analysis
Fred McDaniel
Realty ONE Group Iconic
TX Agent License #573495
Annual Financial Highlights
Expected Rent
$25,422Expenses
-$4,543Property Taxes
-$5,350Loan Payments
-$16,038Net Cash Flow
-$509See 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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SourceHouston Association of REALTORS®
MLS #66954251
Last Updated: 03/19/2025 16:03
MLS #66954251
Last Updated: 03/19/2025 16:03