511 Texas Ct Fort Pierce, FL 34950
Property details
About 511 Texas Ct
Incredible Triplex Opportunity in Fort Pierce!! <HIGHEST & BEST BY 4/31/2025> Don’t miss out on this fantastic opportunity to own a well-maintained triplex in a rapidly appreciating neighborhood in Fort Pierce! Perfect for both investors and owner-occupants, this property offers tremendous potential with below-market rents and the chance to increase rental income. With three separate buildings sitting on a massive lot, this property is ideal for those seeking space, privacy, and a solid income-generating investment. The triplex consists of three updated units, totaling 8 bedrooms and 3 bathrooms. Each unit has been meticulously maintained and features luxurious, durable tile flooring, including beautiful modern wood-style tile throughout. The units have open, functional layouts that offer a comfortable living experience for tenants, with kitchens that are as practical as they are stylish. One of the standout features of this property is the brand-new metal roofs on all three units—installed less than a year ago—providing peace of mind for years to come. Additionally, the units are separately metered for both water and electricity, and tenants are responsible for their own utilities, which is a huge benefit for investors looking for a hassle-free investment. The property has also had recent upgrades, including new re-piping for the water supply lines and replaced electrical boxes. Each unit has its own window AC unit for individual climate control. While the property has been well-kept, it still presents an opportunity for some cosmetic updates to increase its value even further. With current rents of $1,000 for a 3-bed, $900 for a 2-bed, and $1,250 for a 3-bed unit, the property generates $3,150 per month in rental income. TOTAL RENTS ARE INCREASING ON JUNE 1st AS FOLLOWS: 509A raises to $1,250/month, 509B raises to $1,150/month, and 511 raises to $1,500/month This property is ideal for investors looking to capitalize on a growing area or for an owner-occupant who wants to live in one unit while renting out the others. Located in a coveted neighborhood, with ample space for parking or storage, this triplex offers both value and opportunity. Easy to show—schedule your viewing today! <NO ASSIGNABLE CONTRACTS
Highlights
Virtual tour
Summary
- Interior: Ceiling Fans(s)
- Total Bedroom Count: 8
- Private Pool: No
- Exterior: Sidewalk
- Heating: Window Unit(s)
- Cooling: Wall/Window Unit(s)
- List Price: $499,998
- Price/SqFt: $176
- Annual Tax Amount: $4,566
- Tax Year: 2023
- Directions: Head north on S 23rd St toward Ave D. Turn left onto Avenue D. Continue for about 0.4 miles. Turn right onto S 11th St and continue for about 0.3 miles. Turn left onto Texas Ct. You should arrive at 511 Texas Ct in Fort Pierce.
- Year Built: 1905
- Living Area: 2,835 SqFt
- Lot Size: 0.21 Acres
- MLS Number: TB8353000
- MLS Name: MFRMLS
- Office Name: RICHARD PETERS REALTY LLC
- Listing Agent: Ronald Ryder
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Last updated on: 5/2/2025, 9:19:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$499,998
511 Texas Ct
$5,937
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 27, 2023 | Home Sold | $300,000 |
| Jun 02, 2016 | Home Sold | $88,500 |
| Apr 16, 2010 | Home Sold | $24,000 |
| Nov 08, 2005 | Home Sold | $170,500 |
| Oct 14, 1997 | Home Sold | $105,000 |
| Feb 25, 1997 | Home Sold | $50,300 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $249,100 | $4,566 |
| 2022 | $136,186 | $4,094 |
| 2021 | $168,100 | $4,094 |
| 2020 | $112,569 | $3,165 |
| 2019 | $102,345 | $2,719 |
| 2017 | $84,500 | $2,367 |
History based on county public records data.
Nearby schools
4
St. Lucie Elementary School
Public District PK-5
1.1 mi
•2020 S 13th St
5
Lawnwood Elementary School
Public District PK-5
1.1 mi
•1900 S 23rd St
5
Chester A. Moore Elementary School
Public District PK-5
1.5 mi
•827 N 29th St
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 $42,164. Typical income of Fort Pierce, FL residents is less than $<35k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
UFC- Pro Boxing
Figure Skating
Where do the neighbors shop?
Family Dollar
Burlington
Big Lots
Where do the neighbors go to eat?
Burger King
Popeyes
Church's Chicken
What do the neighbors drive?
Buick
Dodge
Cadillac
What do the neighbors listen to?
Urban Contemporary
Jazz
Adult Standards
This home is located at 511 Texas Ct in Fort Pierce, FL and zip code 34950. This 2,835 square foot home, which was built in 1905, sits on a 0.21 acre lot. Features: 8 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 20, 2025 and is currently priced at $499,998.
Fort Pierce, FL housing market in April 2025 saw over 8 listings sold above listed price, more than 24 sold at listed price and over 72 sold below. The inventory of homes for sale in Fort Pierce, FL between March and April 2025 increased by 7.3%. In April 2025, listings were on the market for 93 days. During the same period, the median list price in this real estate market was $309,831.