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$236,000

2118 1st Avenue S, Texas City, TX, 77590

Off MarketInfo
Beds5 Beds
Baths2 Bath
Baths2,087 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$71.83 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 1Bathrooms Full 1
Heating Floor/WallHeating Floor/Wall

Exterior

Lot Size6,203 sqft

Building Information

Year Built1995
Stories1
Roof Type105

Land Information

APN4412-0000-0012-000
Lot Number12
SubdivisionKohfeldt & Braun Resub Of 1 & 2
Land UseResidential
Legal DescriptionABST 72 J GRANT SUR LOT 12 KOHFELDT & BRAUN RESUB OF LOTS 1 & 2 BLK A
Census Tract726200
Assessed Land Value$13,950
Assessed Improvement Value$188,330
Assessment Year2025

About this property

Large home with lots of possibilities. Great for an investor! It's currently being used as a very active boarding house for plant workers with 5 bedrooms and 2 baths! Start earning rental income today!! This is a turn key opportunity for a long term investor: will come furnished including beds, compact refrigerators in each room, and flat screen TV's. The living room is currently converted into a bedroom. The kitchens and bathrooms look great with updates. The home can easily be turned into a single family home again and would make a great home. You have the space to do what you want! Buyer to verify room dimensions. Home is being sold as is. Being sold As Is- Buyer needs to purchase elevation certificate and survey if needed.

Investor Tools

Property Icon
$236,000
Estimated Property Value
$0Estimated Mortgage Balance
$106,266Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,416 /month
Positive
Cash Flow Estimate:
$472 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$156/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$686
$75,576
2025
$13,950
$188,330
$202,280
No

Tax History

Year
Tax Paid
Assessed Value
2024
$686
$75,576

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United States Small Business Admin
Sba Participation Trust Deed
$133,500
No
First
Oct 25, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$129,734
$106,266
45%
55%
$801/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: Texas City

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2118 1st Avenue S | Property Details | No Agent List