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!

General Description

MLS#:

60966699 (HAR)

Sold Price Range:

$420,001 - $482,000

Listing Status:

Sold

Address:

732 1st Ave N

City:

Texas City

State:

TX

Zip Code:

77590

County:

Galveston County

Subdivision:

Texas City (View subdivision price trend)

Legal Description:

ABST 205 PAGE 6 LOTS 1 THRU 4 BLK 186 TEXAS CITY

Property Type:

Multi-Family - Multiple Detached Dw

Stories:

2

Year Built:

1968 / Appraisal District

Building Sqft.:

3,309307(m²) /Appraisal District

Lot Size:

12,500 Sqft.1,161(m²) /Appraisal District

Key Map©:

738H

Market Area:

Texas City

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Room Dimension

2 Bdr #:

1

1 Bdr #:

3

1 Bdr #:

4

Interior Features

Heating:

Window Unit

Cooling:

Window Units

Exterior Features

Roof:

Composition

Exterior Type:

Wood

Lot Description:

Cleared, Corner

Parking Unit:

Two

Assigned School Information

District:	Texas City ISD
Elementary School:	Heights Elementary School Excellent |
Middle School:	Blocker Middle School Good |
High School:	Texas City High School Good |

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: RE/MAX Associates Northeast
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Selling Broker: White Picket Realty LLC
Last updated as of: 07/04/2024

Property Tax

Market Value Per Appraisal District

Cost/Sqft based on Market Value

Tax Year	Cost/sqft	Market Value	Change	Tax Assessment	Change
2023	$42.35	$140,130	0.00%	$140,130	0.00%
2022	$42.35	$140,130	0.00%	$140,130	0.00%
2021	$42.35	$140,130	50.27%	$140,130	50.27%
2020	$28.18	$93,250	151.82%	$93,250	151.82%
2019	$11.19	$37,030	0.00%	$37,030	0.00%
2018	$11.19	$37,030		$37,030

2023 Galveston County Appraisal District Tax Value
Market Land Value:	$21,880
Market Improvement Value:	$118,250
Total Market Value:	$140,130

2023 Tax Rates
GALVESTON COUNTY:	0.3342 %
MAINLAND COLLEGE:	0.2685 %
TEXAS CITY ISD:	1.1642 %
TEXAS CITY:	0.4900 %
COUNTY ROAD/FLOOD:	0.0078 %
Total Tax Rate:	2.2646 %

 

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$ 1,661Monthly

Principal & Interest

$ 1,661

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