$989,000

875 Neches Beaumont, TX 77701

$10,000
Closing credit¹
23 beds
4,520 sqft
$219 / sqft
Multi-Family

Property details

About 875 Neches

Unique opportunity to own this multi-unit property with amazing cashflow! 23 unit property, all individual rooms, currently only 1 unit not occupied. At full occupancy: Gross annual income of $160,200. NOI after tax and insurance is $128,578.05. All utilities paid for by owner (roughly $11k in 2023). There are 4 bathrooms and 2 kitchens shared. Rent roll and P&L on file. Roughly 13% cap rate at list price! Contact agent to coordinate showing and review files.

Highlights

Home typeMulti Family
StatusActive
CoolingCeiling Fan(s)
Size4,520 sqft
MLS #252919

Summary

  • MLS Number: 252919
  • MLS Name: Beaumont
  • Office Name: RE/MAX ONE
  • Listing Agent: John Arcana

Information is provided by Beaumont Board of REALTORS®. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2025 Beaumont Board of REALTORS®. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 3/15/2025, 2:15:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home

$989,000

875 Neches

$10,000

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

2

Charlton-Pollard Elementary School

Public District PK-5

0.8 mi

825 Jackson St

5

Fletcher Elementary School

Public District PK-5

0.9 mi

1050 Ave E

1

Fehl-Price Elementary School

Public Charter PK-5

1.8 mi

3350 Blanchette St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $39,517. Typical income of Beaumont, TX residents is between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

39%
<35k
56%
35k-100k
5%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

57%
Single, No Kids
14%
Single, with Kids
15%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
7%
12-17 yrs old
23%
18-34 yrs old
37%
35-64 yrs old
17%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • Pro BoxingPro Boxing
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • Church's ChickenChurch's Chicken
  • PopeyesPopeyes
  • Golden CorralGolden Corral

What do the neighbors drive?

  • CadillacCadillac
  • DodgeDodge
  • KiaKia

What do the neighbors listen to?

  • JazzJazz
  • Urban ContemporaryUrban Contemporary
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

This home is located at 875 Neches in Beaumont, TX and zip code 77701. Features: 23 bedrooms, 0 bathroom. It has been listed on Rocket Homes since December 23, 2024 and is currently priced at $989,000.

Beaumont, TX housing market in February 2025 saw over 4 listings sold above listed price, more than 11 sold at listed price and over 35 sold below. In February 2025 in Beaumont, TX there were 17.6% more homes for sale than in January. While the average time on the market in February 2025 was 75 days, the median list price was $230,000.

From Rocket Homes Real Estate and based on county public records data.

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