1220 Holly St

La Marque, TX 77568
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For Sale
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$1,150,000
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6,000 Sqft. ($192/Sqft.)
32,510 Lot Sqft
Multi-Family - 5 Plus

Audio narrative

Description

Discover an exceptional corner location for this prime 8-Plex property in the thriving La Marque area. Commanding an expansive 32,514 square feet of land, this property presents a remarkable investment opportunity. Currently operating at 100% occupancy, the property is home to a full roster of long-term tenants. Each of the eight units is 900 sq. ft. and features 2 bedrooms and 1 bathroom, ensuring a comfortable and appealing living space. Notably, the units are equipped with separate water meters and electrical meters, reflecting a commitment to streamlined management and utility accountability. Convenience is further enhanced with in-unit Washer/Dryer Connections, catering to the modern resident's needs. Envision future potential as the property offers ample room for expansion. Upon securing an acceptable contract, exclusive private showings will be arranged. Seize the opportunity to acquire a turnkey investment with a proven track record of tenancy and a canvas for future expansion.

MLS#
75875009
List Price
$1,150,0002.54% ($192/Sqft.)
Listing Status
For Sale
Address
1220 Holly St
City
State
TX
Zip Code
Legal Description
ABST 150 J D MOORE SUR SW PT OF LOTS 1 & 2 (1-1) JOSEPH F CA
Property Type
Multi-Family - 5 Plus
Stories
1
Building Size
6,000 Sqft/Seller
Year Built
1982 /Appraisal District
Lot Size
32,510 Sqft./Appraisal District
Key Map©
737Q
Market Area

Exterior

Roof
Composition
Exterior Type
Brick
Lot Description
Cleared
Parking
Paved Area
Parking Unit
Two

Interior

Floors
Carpet, Laminate, Tile
Cooling
Central Electric
Heating
Central Electric

Lot information

Lot Size
32,510 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, Investor, Owner Financing
Other Fees
No
Maintenance Fee
No
Taxes w/o Exemp
$8,703/2023
Tax Rate
2.4627

Additional information

List Type
Exclusive Right to Sell/Lease
Unit Feature
Carpets
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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Estimated electricity cost

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Property tax

Cost/Sqft based on tax value

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Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

DOWN PAYMENT
Loan Term
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Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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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.

Assigned schools

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Noise factors

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Source

Houston Association of REALTORS
Source last updated Apr 26, 2024 at 12:27 PM
Listing last updated Apr 22, 2024 at 03:32 PM

1220 Holly St, La Marque, TX 77568. View photos, map, tax, nearby homes for sale, home values, school info...

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