231 S Washington, Texas City, TX 77591
Single story Single Family home on 5,580 sq ft lot in a great location.
Excellent Investment opportunity , ideal as a family home or for rental income.
Description
Built 1979 the single story house features a hallway, a living room, kitchen, bathroom and 2 bedrooms.
Total area of the house: 776 sq ft Porch: 24 sq ft Lot size: 5,580 sq ft ( 111'8 x 50')
Great location between Houston and the Gulf Of Mexico
Increase in population 2010-2015: +11.95%
The house itself needs a rehab and updating but once completed will offer great potential.
Location:
Texas City a prosperous city in Galveston County, population 45,000. The city lays on Galveston Bay on the Gulf Of Mexico.
The property is located on a quiet street, just 5 miles from Downtown Texas City and the Gulf of Galveston and only about 40 minutes drive from Downtown Houston.
Great potential: The average list price for ZIP code 77591 is $133,890 (Trulia.com)
The property is very accessible being located about 5 minutes drive of the Gulf Fwy that leads straight into Galveston or Downtown Houston.
Downtown Texas City: 5.1 miles
Downtown Galveston: 15.6 miles
Downtown Houston: 37.4 miles
The property is well located being situated close to local facilities and amenities.
Restaurants
Jenkins Barbeque (.2mi), Wong's Chicken & Seafood (.3mi), MiCielitoLindo (.3mi), sinaloa'smexican food (.5mi), Big Mama's Home Cookin (.6mi), Food Town (.6mi), Mama Frances Soul Kitchen (.6mi), Kema (.7mi), Church's Chicken (.7mi), SUBWAY® Restaurants=.7mi), Simps=.8mi), Cajun Joe's Fried Chicken (.8mi), Benito's International Restaurant (.8mi), Fish Place (.9mi), Hickory Heaven Bbq (1mi), Chicken Plus (1mi), U Can't Touch This (1.2mi), Sonic Drive-In (1.2mi), Leo's Burger (1.3mi), Jack in the Box (1.4mi), Kelley's Country Cookin (1.4mi), Domino's Pizza (1.4mi), Prime Fuel Recycling INC (1.4mi), McDonald's (1.5mi), KFC La Marque (1.6mi), KFC (1.6mi), Big Smokey's BBQ (1.6mi), Subway (1.6mi), Texas Pit Stop BBQ (1.6mi), Little Caesars Pizza (1.9mi), Subway (2mi),
Coffee
Snow King (Snow Cones) (1.2mi), Starbucks (2.3mi), Coffee Connection (2.6mi),
Bars
Ht's Lounge (.2mi), The Showcase (.3mi), Flem Flam Inc DBA Rock's (1.4mi), Walker's Club (1.5mi), Shakky's Ice House (1.9mi), Pops Place Texas City (1.9mi), Shenanigan's (2.4mi), Palmer Club (2.4mi), The Pig Pen (2.4mi), Murphy's On Main (2.6mi),
Groceries
Circle T Quick Stop (.2mi), Food Rite Market (.7mi), KLM Food Mart (1.1mi), HEB (2.3mi), Kroger (2.3mi), Star Mart (2.4mi), 1615 paseo de peralta=2.5mi), Star Mart (2.5mi), Earthly Delights Plus (2.9mi),
Parks
Carver Park (.3mi), Bobby Beach Park (.7mi), Bayou Park (.7mi), La Marque High School Baseball Field (.9mi), Westlawn Park (1mi), Lagana Park (1.1mi), Jaycee Park (1.1mi), Kohfeldt Park (1.4mi), Etheredge Stadium (1.5mi), Carbide Park (1.7mi), Mahan Park (2.1mi), Clairmont Park (2.6mi),
Schools
Mainland Preparatory Academy (1.1mi), Inter City Elementary School (1.3mi), Simms Elementary School (1.3mi), Westlawn Elementary School (1.3mi), la Marque High School (1.3mi), la Marque Middle School (1.3mi), Highlands Elementary School (1.3mi),
Shopping
Gap Outlet (.5mi), Hollywood Fashion (.6mi), G County Apparel (.6mi), Dressbarn (.7mi), Lucky Mini Market (.8mi), B.O. I. Designs (.8mi), Go Cellular (.8mi), Fashion By Ms Hill (.9mi), R & R Specialties (.9mi), Christian Amor Apparel (.9mi), Christopher Allen Clothing Co (.9mi), Evelyn's Tuxedo Rental (.9mi), Texas Rebel Supply (1.2mi), Valero Corner Store 2546 (1.6mi), Powersports Players (1.6mi), Figh2Fit Custom Designs (1.7mi), Amburn Food Mart (1.7mi), Little Buddy Convenience Store (1.8mi), Uniform Factory Outlet-Texas (2.2mi), Bon Worth (2.3mi), Toxic City Comics (2.3mi), VF Outlet (2.3mi), Perfumania (2.3mi), Rainbow (2.6mi), Coburn's Custom Costumes (2.9mi), Drive Inn Food Mart (2.9mi), Family Dollar Store (2.9mi),
Entertainment
The Sea Witch's Undersea Lair (1mi), University Of Houston Coastal Center (3mi),
Errands
Electrical Workers 527 Federal Credit Union (.3mi), Walgreens Pharmacy (.7mi), Hart Pharmacy (.9mi), Super Value Drugs (.9mi), Associated Credit Union of Texas (.9mi), Regions Bank (.9mi), St. Hope Foundation (1mi), Affordable Pharmacy Inc, (1.1mi), Wood Shop (1.1mi), CVS/pharmacy (1.1mi), Cynthia M. Malveaux, RN (1.2mi), Moody National Bank Mainland (1.7mi), Sam's Club Pharmacy (1.9mi), Mainland Bolt Supply (1.9mi), Lowe's Home Improvement (2.2mi), Care Here Clinic (2.2mi), Kroger Pharmacy (2.2mi), Associated Credit Union of Texas (2.3mi), Carbide Employees Federal Credit Union (2.3mi), H-E-B Pharmacy (2.3mi), Bank of America (2.4mi), One Stop Hardware (2.5mi), Marathon-Republic Federal Credit Union (2.5mi), Texas Independent Bancshares Inc (2.6mi),
Demographics 1 mile 3 miles
Total population 9,895 38,211
Population change 2010- 2015: + 11.95% +9.69%
Household Income: Average $54,119 $60,063
THIS IS A UNIQUE OPPORTUNITY FOR THE SAVVY BUSINESS OWNER, DEVELOPER OR INVESTOR TO OWN A POTENTIALLY HIGH INCOME PROPERTY AT A DISCOUNTED PRICE IN A GREAT LOCATION.
Great investment opportunity:
Excellent income potential once rehabbed
The average list price for ZIP code 77591 is $133,890 (Trulia.com)
Comparables for sale (within 1 mile)
318 S Sparrow Way Texas City, TX 77591- 3Bed-$156,900
Washington St, Texas City (Parcel Number: 4347-0000-0001-000)- 0.2 acres lot- $60,000
Similar Single family houses are renting for $826/ month
(rentometer.com)
Taxes:
Galveston County, TX- Parcel Tax ID: R232647
Yearly tax: $418
Public records show total amount of tax due: $1,468.24
PROPERTY IS SOLD AS IS, WHERE IS-
Buyer assumes real estate taxes, liens and encumbrances (if any)
Winning bidder must contact the seller within 24 Hours after the close of the auction with full details of the buyer.
Buyer will also be responsible for $500 deed prep and doc fee as well as 8 % premium.
10% non-refundable deposit (minimum $1,000) , auction premium (Minimum $250) and $500 deed preparation and doc fee are due within 48 hours of auction close.
Final Payment to be made within 1 week of the Auction close.
All bidders to do their due diligence. Property is sold on a Quit Claim deed. Buyer assumes real estate taxes, liens and encumbrances (if any). No statement anywhere, whether express or implied, shall be deemed a warranty or representation by the Seller regarding these assets. Buyers are responsible for fixing building code violations (if any). Buyers are bound by the Purchase Agreement which is attached under the Due Diligence section. All buyers are deemed to have relied entirely on their own information, judgments and inspections of the property in making the decision to purchase the property.
OVER 120 AUCTIONS ALREADY SOLD ON BID4ASSETS, CHECK OUT OUR PROPERTY PAGE FOR CURRENT AUCTIONS:
http://www.bid4assets.com/v5/search/#t=s|s=507829|sc=bidclosetime|so=ASC
