#11796140, Sachin Suriarachchi, Listing Office: JLA Realty
221 2nd Ave N Texas City, TX 77590
Property details
About 221 2nd Ave N
Investor's Buy-and-Hold Opportunity!This fully occupied duplex in the heart of Texas City is an ideal buy-and-hold investment opportunity, offering reliable, consistent income in a high-demand area. With two well-maintained units already generating a combined $1,800/month in rental income, this property is perfect for investors looking to maximize cash flow.Top Unit: 1 bedroom, 1 bath, rented for $1,000/month Bottom Unit: Studio with 1 bath, rented for $800/month. Total Monthly Income: $1,800. Low property tax rate to increase profitability. No HOA fees for added value.Extra Lot next to it included in sale X-Flood Zone, minimizing insurance costs and risk. With both units fully occupied, this duplex provides immediate income and long-term investment potential. The low tax rate, lack of HOA fees, and the X-Flood Zone location further enhance the financial appeal of this property.
Highlights
Summary
- Full Bathrooms: 2
- Appliances: Dishwasher, Electric Cooktop, Electric Oven, Microwave
- Flooring Type: Plank, Vinyl
- Interior: Ceiling Fan(s)
- Total Bedroom Count: 1
- Private Pool: No
- Parking: Additional Parking
- Exterior: Porch
- Architectural Style: Traditional
- Heating: Other
- Cooling: Window Unit(s)
- List Price: $149,500
- Price/SqFt: $140
- Annual Tax Amount: $1,917
- Tax Year: 2024
- Lot: Cleared, Near Park, Side Yard(s)
- Directions: From Texas ave 1765 take left on 3rd street N, go straight house on the right side
- Year Built: 1950
- Stories: 2
- Living Area: 1,066 SqFt
- Lot Size: 0.287 Acres
- MLS Number: 47185508
- MLS Name: HAR
- Office Name: LPT Realty, LLC
- Office Phone: (281) 741-7970
- Office Email: boards@lpt.com
- Listing Agent: Serghei Behterev
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Last updated on: 5/10/2025, 7:20:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$149,500
221 2nd Ave N
$1,775
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $196,740 | $1,917 |
2023 | $174,210 | $55 |
2022 | $183,440 | $4,485 |
2021 | $165,460 | $2,146 |
History based on county public records data.
Nearby schools
5
Roosevelt-Wilson Elementary School
Public District KG-4
1.0 mi
•301 16th Ave N
5
Kohfelft Elementary School
Public District KG-4
1.6 mi
•1705 13th Ave N
4
Levi Fry Intermediate School
Public District 5-6
1.7 mi
•300 Twenty Fifth Ave N
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $19,375. The most common annual income of people living in Texas City, TX is less than $<35k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.
Similar homes for sale
This home is located at 221 2nd Ave N in Texas City, TX and zip code 77590. This 1,066 square foot home, which was built in 1950, sits on a 0.29 acre lot. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since March 7, 2025 and is currently priced at $149,500.
While more than 14 listings in Texas City, TX in April 2025 were sold above asking price, there were more than 15 listings sold at asking price, and more than 41 were sold below. The number of homes for sale in Texas City, TX increased by 19.3% between March and April 2025. While the average time on the market in April 2025 was 105 days, the median list price was $264,682.