
Estimated payment $1,819/month
Highlights
- Community Lake
- No HOA
- Central Heating and Cooling System
- Traditional Architecture
- Enclosed Parking
- Ceiling Fan
About This Home
Investor Special! Two Homes, One Price - Cash Flow from Day One!Here's your chance to own not one, but TWO income-producing properties on a single lot for just $289,900! This unique investment opportunity includes a spacious two-story 4-bedroom, 2-bath home currently rented for $1,900/month, PLUS a recently renovated 2-bedroom, 1-bath home bringing in $1,200/month. In both homes, the tenant pays all utilities. That's $3,100/month in gross rental income—well above the 1% rule!Both homes are tenant-occupied, generating strong cash flow from day one. With a total of 6 bedrooms and 3 baths across both properties, this setup is perfect for investors looking to maximize return while minimizing risk. Whether you're building your portfolio or looking for your next low-maintenance rental, this deal checks all the boxes.Opportunities like this are rare—two homes, one property, fully rented, and priced to sell. Don't miss it!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,454
Year Built
- Built in 1951
Lot Details
- 0.62 Acre Lot
- Rectangular Lot
- Back Yard Fenced and Front Yard
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Slab Foundation
- Metal Roof
- Masonite
Interior Spaces
- 3,210 Sq Ft Home
- 2-Story Property
- Ceiling Fan
Kitchen
- Electric Range
- Dishwasher
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Parking
- Enclosed Parking
- Covered Parking
- Gravel Driveway
Outdoor Features
- Exterior Lighting
Schools
- Gary Road Elementary School
- Byram Middle School
- Terry High School
Utilities
- Central Heating and Cooling System
- Cable TV Available
Community Details
- No Home Owners Association
- Lake Ridgelea Subdivision
- Community Lake
Listing and Financial Details
- Assessor Parcel Number 4854-0833-000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $2,454 | $15,686 | $1,200 | $14,486 |
2023 | $2,454 | $12,675 | $800 | $11,875 |
2022 | $1,950 | $12,675 | $800 | $11,875 |
2021 | $1,624 | $12,675 | $800 | $11,875 |
2020 | $1,583 | $12,570 | $800 | $11,770 |
2019 | $1,574 | $12,570 | $800 | $11,770 |
2018 | $1,574 | $12,570 | $800 | $11,770 |
2017 | $680 | $6,407 | $800 | $5,607 |
2016 | $680 | $6,407 | $800 | $5,607 |
2015 | $671 | $6,350 | $800 | $5,550 |
2014 | $658 | $6,350 | $800 | $5,550 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/20/2025 05/20/25 | For Sale | $289,900 | +48.7% | $90 / Sq Ft |
09/14/2023 09/14/23 | Sold | -- | -- | -- |
07/21/2023 07/21/23 | Pending | -- | -- | -- |
07/19/2023 07/19/23 | For Sale | $195,000 | +50.0% | $61 / Sq Ft |
11/09/2018 11/09/18 | Sold | -- | -- | -- |
10/12/2018 10/12/18 | Pending | -- | -- | -- |
07/17/2018 07/17/18 | For Sale | $130,000 | -- | $64 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | -- | -- | |
Warranty Deed | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $129,706 | FHA | |
Previous Owner | $134,696 | FHA |
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Source: MLS United
MLS Number: 4113813

APN: 4854-0833-000
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