16022 2nd St

Channelview, TX 77530
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Under Contract - OP
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41,250 Lot Sqft
Multi-Family - Duplex

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Description

Income-Producing Duplex with Endless Potential Location: Channelview, TX Lot Size: 41,250 sqft Property Type: Duplex (2 units) Unit Configuration: - Lower Unit: 3 bedrooms - Upper Unit: 2 bedrooms Features: - Spacious lot with no restrictions, offering endless possibilities - Income-producing potential through leasing out both units - Opportunity to create additional income streams by developing RV pads on the property. Prime location in Channelview, TX, with easy access to amenities and transportation routes Potential Uses: 1. Rental Income: Lease out both units for steady cash flow. 2. RV Park Development: Utilize the vast space to create RV pads, tapping into the lucrative hospitality market. 3. Commercial Development: Knock down existing structure to build your own business establishment. This property presents a rare opportunity for investors and entrepreneurs to capitalize on the booming real estate market in Channelview, TX.

MLS#
93692642
List Price
$375,000
Listing Status
Under Contract - OP
Address
16022 2nd St
State
TX
Zip Code
County
Legal Description
LT 67 BLK 2 OLD RIVER HEIGHTS
Property Type
Multi-Family - Duplex
Stories
2
Year Built
1969 /Appraisal District
Lot Size
41,250 Sqft./Appraisal District
Market Area

Exterior

Roof
Aluminum
Exterior Type
Brick, Wood

Interior

Floors
Tile
Cooling
Window Units
Heating
Window Unit

Lot information

Lot Size
41,250 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, Investor
Other Fees
No
Maintenance Fee
No
Taxes w/o Exemp
$2,719/2023
Tax Rate
2.0004

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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Property tax

Cost/Sqft based on tax value

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Down Payment Assistance

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

Nearby schools view nearby schools

Noise factors

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Source

Houston Association of REALTORS
Source last updated Apr 26, 2024 at 11:42 PM
Listing last updated Apr 17, 2024 at 11:37 AM

16022 2nd St, Channelview, TX 77530. View photos, map, tax, nearby homes for sale, home values, school info...

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