NOT LISTED FOR SALE

Estimated Value: $319,000 - $420,000

2 Beds
1 Bath
3,309 Sq Ft
$116/Sq Ft Est. Value

Last Sold May 10, 2024

Current estimated payment $2,603/month

26 Days on Market

Highlights

  • Corner Lot
  • Wood Siding
  • Window Unit Heating System
  • Window Unit Cooling System

About This Home

As of May 2024

Fantastic property with multi family investment potential in Texas City! This property boasts 8 units and presents a unique opportunity for an apartment development. 3 units are currently occupied. Situated close to Highway 45, it offers convenient access to Texas City Industrial Complex, Galveston, Kemah, and the myriad attractions of Texas City. Nearby amenities include a growing commercial district with a variety of shopping, dining, and entertainment options, as well as access to fishing and outdoor activities at the Texas City Dyke. Don't miss out on this lucrative income-generating property!

Last Agent to Sell the Property

Thomas Saunders

RE/MAX Universal License #0514825 Listed on: 04/03/2024

RE/MAX Universal

Last Buyer's Agent

Alan Hernandez

White Picket Realty LLC License #0562620

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,173

Year Built

  • Built in 1968

Lot Details

  • 0.29 Acre Lot
  • Corner Lot
  • Cleared Lot

Parking

  • 2 Parking Spaces

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,309 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Heights Elementary School
  • Blocker Middle School
  • Texas City High School

Utilities

  • Window Unit Cooling System
  • Window Unit Heating System

Community Details

  • Texas City Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,173

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Directions: 45 S Exit 1764 toward Texas City, Right on Highway 146, Left on Texas Ave, Left on 8th St N, Property is at the corner of 8th St N and 1st Ave N.
  • Property Sub Type: Detached
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1968
  • Subdivision Name: Texas City
  • Unit Levels: Two
  • New Construction: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 3309.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: None
  • Roof: Composition
  • Lot Features: Cleared, Corner Lot
  • Construction Type: Wood Siding

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window Unit
  • Heating Yn: Yes

Schools

  • Elementary School: HEIGHTS ELEMENTARY SCHOOL (TEXAS CITY)
  • Junior High Dist: 52 - Texas City
  • High School: TEXAS CITY HIGH SCHOOL
  • Middle Or Junior School: BLOCKER MIDDLE SCHOOL

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3173.0

Multi Family

  • Number Of Units Total: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2024
Closed on
May 10, 2024
Sold by
Jet Lending Llc
Bought by
Lighthouse Equity Llc
Seller's Agent
Thomas Saunders
RE/MAX Universal
Buyer's Agent
Alan Hernandez
White Picket Realty LLC
List Price
$435,000
Views
65
Current Estimated Value
$383,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.32%
Original Mortgage
$542,500
Outstanding Balance
$535,768
Interest Rate
6.79%
Mortgage Type
Seller Take Back
Estimated Equity
-$152,735
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Lighthouse Equity Llc -- University Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lighthouse Equity Llc $542,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2024 05/10/24 Sold -- -- --
04/29/2024 04/29/24 Pending -- -- --
04/03/2024 04/03/24 For Sale $435,000 -- $131 / Sq Ft
Source: Houston Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $6,239 $284,900 $21,880 $263,020
2023 $6,239 $140,130 $21,880 $118,250
2022 $3,426 $140,130 $21,880 $118,250
2021 $3,627 $140,130 $21,880 $118,250
2020 $2,493 $93,250 $21,880 $71,370
2019 $1,040 $37,030 $11,260 $25,770
2018 $1,030 $37,030 $11,260 $25,770
2017 $999 $37,030 $11,260 $25,770
2016 $813 $30,140 $4,380 $25,760
2015 $367 $30,140 $4,380 $25,760
2014 $356 $28,980 $4,380 $24,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 60966699

Houston Association of REALTORS®

APN: 7030-0186-0001-000