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$424,900

1108 Schooley Street, Port Lavaca, TX, 77979

On MarketInfo
Beds— Beds
Baths— Bath
Baths4,252 Sq Ft
price_per_sqft$99.93 / sqft
Year BuiltBuilt in 1970

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size4,874 sqft

Building Information

Year Built1970

Land Information

APN19919
Land UseResidential
Legal DescriptionBONORDEN (PORT LAVACA), BLOCK 15, LOT PT 5
Census Tract000402
Assessed Land Value$10,000
Assessed Improvement Value$171,850
Assessment Year2025

About this property

Excellent investment opportunity with this six-unit apartment complex offering strong income potential. The property consists of four 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, providing a desirable mix for tenant demand. Several units are currently under construction, presenting a great value-add opportunity for the right investor to complete finishes and maximize rental income. Ideally located just minutes from the Formosa plant, this property is positioned in a high-demand rental area, making it attractive for workforce housing. With upside potential and a prime location, this multi-unit property is a great opportunity to expand or start your investment portfolio.

Investor Tools

$0Estimated Mortgage Balance
$181,850Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,549 /month
Positive
Cash Flow Estimate:
$850 /month

Interested in this property?

Paula Braune

Keller Williams Coastal Bend

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$409/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,000
$181,850
2025
$10,000
$171,850
$181,850
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,000
$181,850

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$181,850
100%
0%
$0/mo

City: Port Lavaca

1108 Schooley Street | Property Details | No Agent List