221 2nd AVE N Active Save Request In-Person Tour Request Virtual Tour
Texas City,TX 77590
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,066 sqft
Price per Sqft $139
Subdivision Texas City
MLS Listing ID 47185508
Style Traditional
Bedrooms 1
Full Baths 2
Year Built 1950
Lot Size 0.287 Acres
Property Sub-Type Duplex
Property Description
Investor's Buy-and-Hold Opportunity!This fully occupied duplex in the heart of Texas City is an ideal buy-and-hold investment opportunity, offering reliable, consistent income in a high-demand area. With two well-maintained units already generating a combined $1,800/month in rental income, this property is perfect for investors looking to maximize cash flow.Top Unit: 1 bedroom, 1 bath, rented for $1,000/month
Bottom Unit: Studio with 1 bath, rented for $800/month.
Total Monthly Income: $1,800.
Low property tax rate to increase profitability.
No HOA fees for added value.Extra Lot next to it included in sale
X-Flood Zone, minimizing insurance costs and risk. With both units fully occupied, this duplex provides immediate income and long-term investment potential. The low tax rate, lack of HOA fees, and the X-Flood Zone location further enhance the financial appeal of this property.
Location
State TX
County Galveston
Interior
Heating Window Unit
Cooling Window Unit(s)
Flooring Plank,Vinyl
Exterior
Exterior Feature Porch
Parking Features Additional Parking
Roof Type Composition
Building
Lot Description Cleared,Backs to Greenbelt/Park,Side Yard
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
New Construction No
Schools
Elementary Schools Heights Elementary School (Texas City)
Middle Schools Blocker Middle School
High Schools Texas City High School
School District 52 - Texas City
Others
Acceptable Financing Cash,Conventional,Investor Financing,Owner May Carry
Listing Terms Cash,Conventional,Investor Financing,Owner May Carry