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Sold 77590 Texas City

429 8th Avenue N

Texas City, TX 77590

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Sold

$1,082,001 - $1,242,000

Sold on August 10, 2022

7,716 Sqft.

6,250 Lot Sqft

Multi-Family - 5 Plus

7 Day(s) on Market

Home value comparables

Using a REALTOR is the best way to determine the market price of a home. Start this process by viewing the third-party valuations and then contact a Realtor to determine a reasonable purchase price for a home.

Current Valuations

Home Value Comparables

AVM Value $1.43M	AVM Value $521K
Value Range $1.00M - $1.86M	Value Range $ 520,900
Confidence Score 70% Margin of Error*: 30%	Confidence Score NA

$1.43M

$521K

Limitations: This represents an estimated sales price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice. The values do not include a physical or visual inspection of the subject property. User shall not use the values in lieu of an appraisal by a licensed appraiser or as a basis for making any financial decision.

Zestimate Home Values are provided by Zillow, Inc. Use is subject to Zillow Terms of Use and are provided as-is, as-available.

Description

ATTENTION INVESTORS LOOKING TO GROW YOUR RENTAL PORTFOLIO!!! EXPERIENCED TEXAS CITY LANDLORD LOOKING TO SELL PORTFOLIO OF BOTH MULTI-FAMILY AND SINGLE-FAMILY HOMES TO A QUALIFIED INVESTOR! Seller has owned and operated all units for many years, and has 35+ years of experience as a successful landlord. ALL UNITS RENTED!, and all are currently on month-to-month leases making this purchase an instant earner, with flexibility to grow rents. PLEASE NOTE THAT THIS IS A 2-PART LISTING. Refer to MLS ID #27272689 for the remainder of the portfolio. Rents below Market values, and there are opportunities for laundry and/or storage income - Buyer to do their own Due Diligence. Detailed maintenance records kept. Seller is also offering his availability during transition to ensure the Buyer’s success. See additional detail in Online Docs. Drive-by’s only; please do not disturb tenants. Accompanied showings with executed Contract. ALL INQUIRIES WELCOMED!

MLS#

76323668

Sold Price Range

$1,082,001 - $1,242,000

Listing Status

Sold

Address

429 8th Avenue N

City

Texas City

State

Zip Code

77590

County

Galveston County

Subdivision

Texas City (View subdivision price trend)

Legal Description

ABST 205 LOTS 1 & 2 BLK 132 TEXAS CITY

Property Type

Multi-Family - 5 Plus

Stories

Year Built

1962 / Appraisal District

Building Size

7,716 Sqft/Seller

Lot Size

6,250 Sqft./Appraisal District

Key Map©

738H

Market Area

Texas City

Property website

Property map

Street
view

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directions

Tammy Petterson Platinum

UTR TEXAS, REALTORS

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Exterior

Roof

Composition

Interior

Cooling

Central Electric, Window Units

Heating

Central Electric, Central Gas, Window Unit

Lot information

Lot Size

6,250 Sqft. /Appraisal District

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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Financial

Financing Considered

Cash Sale, Conventional, Owner Financing

Other Fees

Maintenance Fee

Taxes w/o Exemp

$3,345/2021

Tax Rate

2.5886

Additional information

List Type

Exclusive Right to Sell/Lease

Buyer Agent Compensation*

2.5%

Sub Agent Compensation*

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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Property tax

Cost/Sqft based on tax value

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Mortgage

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Estimated Monthly Payments

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Listing Tax	Numbers
Principal & Interest	2,841
Taxes	1,242

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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.