17927 Houston Street

Algoa, TX 77511
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Sold
Sold
$160,001 - $185,000
Sold on January 29, 2021
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25,000 Lot Sqft
Multi-Family - 5 Plus

Description

This is a great low-maintenance investment property comprising of 6 RV lots. Located in Algoa, in between Alvin and Santa Fe, blocks from Highway 6. The property is 100% occupied with most tenants long-term 1+ years. Each RV pad has sub-metered electric with rents ranging from $350 to $425 per month. Each space has a 10' x 50' concrete pad, water and sewer hookups, 30-amp electric hookups. Value-added potential with upside in rents and potential to add storage units for additional rent premium. Tenants pay rent in cash or deposit into property owner's bank account each month by the 5th. Don't pass this great investment opportunity up! RV spaces are in high demand in the Alvin/Santa Fe area with infrequent vacancies filled quickly.

Documents
MLS#
71644358
Sold Price Range
$160,001 - $185,000
Listing Status
Sold
Address
17927 Houston Street
City
Algoa
State
TX
Zip Code
Legal Description
ABST 602 PAGE 2 LOTS 1 THRU 3, 4 & 5 BLK 81 NEW ALGOA
Property Type
Multi-Family - 5 Plus
Stories
1
Year Built
2014 / Builder
Lot Size
25,000 Sqft./Survey
Market Area

Exterior

Roof
Other
Lot Description
Cleared, Corner
Unit Location
Cleared,Corner

Interior

Cooling
Other Cooling
Heating
Other Heating

Lot information

Lot Size
25,000 Sqft. /Survey
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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, Investor
Other Fees
No
Maintenance Fee
No
Taxes w/o Exemp
$876/2020
Tax Rate
2.23119

Additional information

List Type
Exclusive Right to Sell/Lease
Buyer Agent Compensation*
3%
Sub Agent Compensation*
0%

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

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Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Subdivision Facts

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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.

Assigned schools

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Source

Houston Association of REALTORS
Source last updated Jun 02, 2024 at 04:28 PM
Listing last updated Jan 30, 2021 at 04:16 PM

17927 Houston Street, Algoa, TX 77511. View photos, map, tax, nearby homes for sale, home values, school info...