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$399,900

1010 Nelson St, Yoakum, TX, 77995

On MarketInfo
CommercialInfo
Baths1 Bath
Baths2,696 Sq Ft
Multi FamilyMulti Family
price_per_sqft$148.33 / sqft
Year BuiltBuilt in 1970

Highlights

Interior

Bathrooms 1Bathrooms 1
FlooringLaminate, Vinyl

Exterior

Exterior FeaturesPrivate Entrance
Lot Size12,741 sqft

Land Information

APN15872
SubdivisionA May Addition
Land UseResidential
Legal Description4.5.PT3 17 ROSELAWN YKM DUPLEX APT (BALDWIN ARMS APTS) BPP P30843 LOC HERE
Census Tract970100
Assessed Land Value$15,420
Assessed Improvement Value$194,980
Assessment Year2025

About this property

Investment opportunity in Yoakum! This 6-unit multifamily property offers immediate income potential with 5 units already updated and previously income-producing within the last year. The 6th unit is currently being used as storage but could easily be remodeled to create additional rental income. The building has been inspected and offers a strong opportunity for investors looking to build equity while generating cash flow. Exterior improvements and TLC are needed, but the property is positioned to begin producing income almost immediately, allowing updates to be made over time. Whether you’re expanding your portfolio or looking for your next investment project, this property is full of potential and possibilities.

Investor Tools

Property Icon
$210,400
Estimated Property Value
$48,950Estimated Mortgage Balance
$168,696Estimated Equity
77% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,399 /month
Positive
Cash Flow Estimate:
$800 /month

Interested in this property?

Shannon Rampley

Keller Williams Heritage West

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$394/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,673
$210,400
2025
$15,420
$194,980
$210,400
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,673
$210,400

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First State Bank
Unknown
$48,950
No
First
Oct 4, 2013
Oct 2033

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$41,836
$168,564
80%
20%
$342/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Yoakum

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1010 Nelson St | Property Details | No Agent List