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$13,900

NAL Estimated Property Value

23 & 27 Marabou Street, Sargent, TX, 77414

Off MarketInfo

About this property

Great investment opportunity in a fast and growing beach area. The new Corkscrew Bridge was built in 2021. This property is only about 8 minutes to Sargent beach and about one hour to Houston, TX. Utilities are available and the buyer would need to install them. The ROW needs to be developed. The dimensions are 100’ x 120’ for both lots; 12,000 sq. feet. The addresses are 23 Marabou St. Sargent, TX 77414 and 27 Marabou St. Sargent, TX 77414. Buy and hold, park RVs or build houses. There are multiple exit strategies such as short-term (Airbnb, VRBO, etc.), long-term rentals, or a JV partnership. New construction nearby the subject property. The survey is available.

Investor Tools

Property Icon
$13,900
Estimated Property Value
$0Estimated Mortgage Balance
$13,900Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$300 /month
Positive
Cash Flow Estimate:
$100 /month

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Financing Details

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

City: Sargent

23 & 27 Marabou Street | Property Details | No Agent List