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$179,900

3515 5th Street, Bay City, TX, 77414

PendingInfo
Beds4 Beds
Baths2 Bath
Baths744 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$241.8 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesElectric Oven, Microwave, Electric Range

Exterior

Lot Size15,019 sqft

Building Information

Year Built1954

Land Information

APN41030
Land UseResidential
Legal DescriptionNICHOLS & NORVELL N40' OF LOT 7,W 36' OF S 100' OF LOT 8 & N 40' OF LOT 8 AND ALL OF LT 9 BLK 10
Census Tract730301
Assessed Land Value$35,110
Assessed Improvement Value$89,880
Assessment Year2025

About this property

Amazing investment opportunity in Bay City! This unique property features two homes for the price of one (3515 & 3517 4th st), offering incredible flexibility. Live in one home while renting out the other to generate immediate monthly income or maximize your returns by renting both units! Each home has a 2-bedroom, 1-bathroom layout equipped with ceiling fans in every room and stylish, durable ceramic tile flooring in key areas. Convenience is key, as fairly new appliances—including the stove, refrigerator, washer, and dryer—are included with the sale. The exterior amenities add even more value. One side of the property enjoys a fully fenced backyard perfect for privacy or outdoor relaxation. The other side includes a versatile storage and workshop area, ideal for hobbies, a home business, or extra storage. Complete with a massive front yard area that provides excellent curb appeal and plenty of space, this income-generating property is a rare find you don't want to miss!

Investor Tools

$0Estimated Mortgage Balance
$134,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,079 /month
Positive
Cash Flow Estimate:
$360 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$286/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,767
$124,990
2025
$35,110
$89,880
$124,990
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,767
$124,990

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$134,000
100%
0%
$0/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.

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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: Bay City

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3515 5th Street | Property Details | No Agent List