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87,120 Lot Sqft
Multi-Family - Multiple Detached Dw

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About this property

2.0 Acres with two leased mobile homes. For sale at a 10% cap rate. Property generates $2,875 in monthly rents. The first home is a 4/2 double wide with a long term tenant. Lease expires at the end of May 2026. Home was built in 1995 and has a county appraised value of $76,730. The second home is a 3/2 single wide with a long term tenant. Lease expires at the end of July 2026. Owner pays water which runs about $60 per month total.

MLS#
79401273
List Price
$225,000
Listing Status
Under Contract – P
Address
1666 Fm 2797
City
State
TX
Zip Code
Subdivision
Riverboat Bend, Sec 1
Legal Description
RIVERBOAT BEND, SEC 1, BLOCK 2, LOT 3, ACRES 2.0
Property Type
Multi-Family - Multiple Detached Dw
Stories
1
Year Built
1995 /Appraisal District
Lot Size
87,120 Sqft/Appraisal District
Market Area

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Exterior

Roof
Composition

Interior

Cooling
Central Electric
Heating
Central Electric

Rooms

3 Bdr #
1

See the lot information

Lot Size
87,120 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 information

Financing Considered
Cash Sale
Other Fees
No
Maintenance Fee
No
Taxes w/o Exemp
$1,810/2025
Tax Rate
1.4744

Extra details you may need to know

List Type
Exclusive Right to Sell/Lease

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Principal & InterestTaxesInsuranceHOA fees----%----
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Assigned schools

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Notice & Disclaimer
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.

Listing broker

NB Elite Realty

1644 W Alabama Suite #100, Houston, TX 77006
NB Elite Realty, is a Texas real estate firm, located at 1644 W Alabama Suite #100, Houston, TX 77006. NB Elite Realty provides a wide range of real estate services. Consumers continue to find value in having a real estate professional help them through the home buying and selling process. The range of services the real estate professionals provide is proving ever more valuable in real estate transactions (financing twists and sales contract intricacies). Please view NB Elite Realty current listings, or sold listings.

Buyers and sellers give reviews to the real estate agents for the level of expertise and professionalism they bring to the real estate transaction. View NB Elite Realty Agent Roster. NB Elite Realty has multi-lingual agents: Cantonese, Mandarin, Creole, Danish, Dutch, etc., see all languages. NB Elite Realty has multi-cultural agents, including agents from Italy, Mexico, Philippines, China, Hong Kong, etc., see all cultures.

Please visit NB Elite Realty website, where you will find useful information on how to choose the right property, make an offer, negotiate, finance, pick the feasible mortgage rates, move, as well as get hold of all the details needed in making an informed real estate decision in today's market.

Information source

Houston Association of REALTORS®
Source last updated Apr 15, 2026 at 10:17 AM
Listing last updated Apr 10, 2026 at 04:49 AM
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1666 Fm 2797, Kenefick, TX 77535. View photos, map, tax, nearby homes for sale, home values, school info...

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