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Days169Days on Market
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$499,000

1118 5th Avenue N, Texas City, TX, 77590

On MarketInfo
CommercialInfo
Beds3 Beds
Baths2 Bath
Baths3,440 Sq Ft
Multi FamilyMulti Family
price_per_sqft$145.06 / sqft
Year BuiltBuilt in 2022

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 4Bathrooms Full 4
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher
FlooringCarpet, Engineered Wood, Tile

Exterior

Lot Size7,501 sqft

Building Information

Year Built2022
Stories2
Roof Type105

Land Information

APN2435-0002-0031-000
Lot Number31
SubdivisionChelsea Manor
Land UseResidential
Legal DescriptionABST 205 J B WELLS SUR LOT 31 BLK 2 CHELSEA MANOR
Census Tract722300
Assessed Land Value$26,250
Assessed Improvement Value$286,460
Assessment Year2025

About this property

Investor Special – Turnkey Duplex Opportunity! Investors, look no further! This spacious duplex is a rare find — each side features 3 bedrooms and 2.5 bathrooms, offering plenty of room for tenants and strong rental potential. Both units are mirror layouts with open-concept living and dining areas Generously sized bedrooms with ample closet space Primary suites with private baths Modern kitchens with plenty of storage Separate laundry rooms in each unit Private backyards and off-street parking Whether you're looking to house hack, grow your portfolio, or take advantage of a high-demand rental area, this property is a solid income-producing asset from day one.

Investor Tools

$1,714,153Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,994 /month
Positive
Cash Flow Estimate:
$998 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$490/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,406
$312,710
2025
$26,250
$286,460
$312,710
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,406
$312,710

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rcn Capital Llc
Commercial
$1,807,759
No
First
Aug 31, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,714,153
N/A
0%
347%
$10,839/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Texas City

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1118 5th Avenue N | Property Details | No Agent List