NOT LISTED FOR SALE

17927 Houston St Algoa, TX 77511

-- Bed
-- Bath
-- Sq Ft
0.57 Acres

Last Sold January 29, 2021

104 Days on Market

Highlights

  • 25,000 Sq Ft lot
  • Corner Lot
  • 1-Story Property

About This Home

As of January 2021

This is a great low-maintenance investment property comprising of 6 RV lots. Located in Algoa, in between Alvin and Santa Fe, blocks from Highway 6. The property is 100% occupied with most tenants long-term 1+ years. Each RV pad has sub-metered electric with rents ranging from $350 to $425 per month. Each space has a 10' x 50' concrete pad, water and sewer hookups, 30-amp electric hookups. Value-added potential with upside in rents and potential to add storage units for additional rent premium. Tenants pay rent in cash or deposit into property owner's bank account each month by the 5th. Don't pass this great investment opportunity up! RV spaces are in high demand in the Alvin/Santa Fe area with infrequent vacancies filled quickly.

Last Agent to Sell the Property

Zachary Kirkpatrick

5 Star Tracy Property Group LLC License #0607593 Listed on: 09/16/2020

Last Buyer's Agent

Dustin Stahlheber

HomeSmart License #0583274

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $876

Year Built

  • Built in 2014

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 250 x 100
  • Corner Lot
  • Cleared Lot

Interior Spaces

  • 1-Story Property

Schools

  • Roy J. Wollam Elementary School
  • Santa Fe Junior High School
  • Santa Fe High School

Community Details

Overview

  • 6 Units
  • New Algoa Subdivision

Building Details

  • Operating Expense $6,412
  • Gross Income $27,060
  • Net Operating Income $20,648

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$876

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Directions: From Highway 6 take Avenue B north where it dead ends into Houston Street. Property is at the southeast corner.
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Year Built: 2014
  • Lot Size: 250 x 100
  • Subdivision Name: New Algoa
  • Unit Levels: One
  • New Construction: No
  • Special Features: None

Exterior Features

  • Disclosures: None
  • Roof: Other
  • Lot Features: Cleared, Corner Lot

Utilities

  • Utilities: Electricity Available, Water Available
  • Cooling: Other
  • Heating: Other

Condo/Co-op/Association

  • Association Name: N/A

Schools

  • Elementary School: ROY J. WOLLAM ELEMENTARY SCHOOL
  • Junior High Dist: 45 - Santa Fe
  • High School: SANTA FE HIGH SCHOOL
  • Middle Or Junior School: SANTA FE JUNIOR HIGH SCHOOL

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 876.0

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 27060.0
  • Property Net Operating Income: 20648.0
  • Annual Operating Expense: 6412.0

Range of Values:

Collateral Analytics

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold -- -- --
12/30/2020 12/30/20 Pending -- -- --
09/16/2020 09/16/20 For Sale $195,000 -- --
Source: Houston Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 71644358

Houston Association of REALTORS®