221 2nd Avenue
Texas City, TX 77590
1066 sqft | 1 bed | 2 baths | 0.29 acres | #47185508
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.
Property Details
- Elementary SchoolHEIGHTS ELEMENTARY SCHOOL (TEXAS CITY)
- Lot DescriptionCleared, 1/4 Up to 1/2 Acre
- Exterior MaterialsBack Green Space, Side Yard
- Property SubtypeSingle Family Residence
- High SchoolTEXAS CITY HIGH SCHOOL
- Middle SchoolBlocker Middle School
- School District52 - Texas City
- Interior1 Bedroom Up
- Sewer InformationPublic Sewer
- StyleTraditional
- SubdivisionTexas City
- CountyGalveston
- Property TypePurchase
- MLS #47185508
- MLS #47185508
- Utility SourcePublic
- Cost149500
- Acres0.287
- Square Feet1066
- Year Built1950
- FoundationSlab
- Bedrooms1
- Bathrooms2
- Full Baths2
Location
Legal
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Last Updated: . Source: HARMLS
Listing Courtesy
Listing Agent: Serghei Behterev (#SerjB)
Listing Office: LPT Realty, LLC (#LPTT03)
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