
$99,999
NAL Estimated Property Value1108 W 9th Street 1110, Freeport, TX, 77541
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About this property
Investor’s dream! This tenant-occupied duplex delivers immediate income and strong upside potential. Both units are leased — one at $760 (since Aug 2025) and the other at $740 with a long-term 6-year tenant — well below market rents, offering built-in value-add opportunity. The property needs some cosmetic updates, but the fundamentals are solid: reliable tenants, consistent rent history, and a projected 10% cap rate with an estimated 20% cash-on-cash return. Ideal for investors seeking turnkey cash flow with room to increase equity through renovations and rent adjustments. Secure stable income today while positioning for higher returns tomorrow with this proven income-producing duplex.
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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Freeport
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