$200,000

6503 Juarez St Baytown, TX 77521

Estimated payment $1,222/month

Total Views 7,971
3 Beds
2 Baths
1,216 Sq Ft
$164 Price per Sq Ft

About This Home

Two (2) Manufactured Homes for sale. Unit 1 is a 3/2 with 1216 sq ft. - Rents for $1,200 per month. - Unit 2 is a 2/1 with 700 sq ft. - Rents for $1,000 per month Tenant Occupied - Do not disturb tenants, enter gate or knock doors without an appointment. **Net Income Capitalization Method -- (NOI) $20,000 annually -- 10% Capitalization Rate -- $200,000**……**Gross Rent Mulitplier (GRM) Method -- At a GRM of 8: Value = $26,400 x 8 = $211,200**

Listing Agent

Herbert Anderson

US Realty Associates License #0631478 Listed on: 11/07/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,373

Year Built

  • Built in 1994

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50x100

Home Design

  • Duplex
  • Metal Roof
  • Aluminum Siding

Interior Spaces

  • 1,216 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Laminate Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Harlem Elementary School
  • Highlands Junior High School
  • Goose Creek Memorial High School

Utilities

  • Central Heating and Cooling System

Community Details

Overview

  • 2 Units
  • Little Mexico Subdivision

Building Details

  • Operating Expense $6,400
  • Gross Income $26,400
  • Net Operating Income $20,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,373

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Directions: I-10 E Freeway Service Road - Turn South on Wade Rd - Turn West Morales Rd - Turn South on Juarez Street
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Year Built: 1994
  • Lot Size: 50x100
  • Subdivision Name: Little Mexico
  • Unit Levels: One
  • New Construction: No
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Laminate
  • Interior Amenities: Laminate Counters
  • Living Area: 1216.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: Seller Disclosure
  • Roof: Metal
  • Construction Type: Aluminum Siding

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Schools

  • Elementary School: HARLEM ELEMENTARY SCHOOL
  • Junior High Dist: 23 - Goose Creek Consolidated
  • High School: GOOSE CREEK MEMORIAL
  • Middle Or Junior School: HIGHLANDS JUNIOR HIGH SCHOOL

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1373.0

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 26400.0
  • Property Net Operating Income: 20000.0
  • Annual Operating Expense: 6400.0

Map

Range of Values:

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Average Value
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List 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
11/07/2024 11/07/24 For Sale $200,000 -- $164 / Sq Ft
Source: Houston Association of REALTORS®

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Source: Houston Association of REALTORS®

MLS Number: 10213381

Houston Association of REALTORS®