511 Texas Ct Fort Pierce, FL 34950
Property details
About 511 Texas Ct
<LAST PRICE REDUCTION> <HIGHEST & BEST BY 7/31/2025> Incredible Triplex Opportunity in Fort Pierce!! 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: Ductless
- Cooling: Wall/Window Unit(s)
- List Price: $474,999
- Price/SqFt: $167
- HOA Amount: $0
- 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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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. The majority of Fort Pierce, FL residents have income less than $<35k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
Frequently asked questions
About 511 Texas Ct
The listing price of 511 Texas Ct property is $474,999.
The property 511 Texas Ct is a multi located in Fort Pierce, Florida, 34950.
Active Listing: 511 Texas Ct is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 511 Texas Ct are: St. Lucie Elementary School (GreatSchools Rating 4/10), Lawnwood Elementary School (GreatSchools Rating 5/10), Chester A. Moore Elementary School (GreatSchools Rating 5/10), Creative Arts Academy of St. Lucie (GreatSchools Rating 5/10), Dan McCarty Middle School (GreatSchools Rating 3/10), Forest Grove Middle School (GreatSchools Rating 3/10), Dale Cassens Education Complex (GreatSchools Rating 1/10), Performance Based Preparatory Academy (GreatSchools Rating 2/10), Lincoln Park Academy (GreatSchools Rating 6/10).
According to the records, the last property tax for 2023 is $4,566 (source: MLS/based on county public records data).
The last sale was on March 27, 2023 for $300,000 (source: MLS/tax record).
The property 511 Texas Ct is 2,835 SqFt (source: MLS/tax record).
The year of construction for 511 Texas Ct is 1905.
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 $474,999.
While more than 10 listings in Fort Pierce, FL in June 2025 were sold above asking price, there were more than 29 listings sold at asking price, and more than 71 were sold below. Between May and June 2025, Fort Pierce, FL real estate market has seen increase in the number of listings by 0.9%. The median list price of listings available in June 2025 was $310,350, while the average time on the real estate market was 97 days.