1200 W Houston St - 1200 West Houston Street, Carrizo Springs, TX
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1200 W Houston St - 1200 West Houston Street, Carrizo Springs, TX
6 Unit Apartment Building Offered at £580,306 at a 7.52% Net Initial Yield in Carrizo Springs, TX 78834
Investment Highlights
- Excellent Condition & Well-Maintained
- Excellent Occupancy Levels
- Accessible to Highway 277
Executive Summary
Prime Investment Opportunity. Excellent condition. Fully-Occupied. This well-maintained six-unit apartment offers an excellent investment opportunity in Carrizo Springs. Each unit spans 985 SF and features 2 Bedrooms, 1 Bath, spacious living areas, and full kitchens. Additionally, every unit is equipped with washer / dryer connections for added tenant convenience. With a strong rental history and a prime location near local amenities, schools, and parks, this property has had steady rental income. The complex offers parking and a low-maintenance exterior. A perfect opportunity for investors seeking reliable income in a growing community!
Data Room Click Here to Access
- Third Party Reports
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | $99,999 | $9.99 |
Other Income | $99,999 | $9.99 |
Vacancy Loss | $99,999 | $9.99 |
Effective Gross Income | $99,999 | $9.99 |
Taxes | $99,999 | $9.99 |
Operating Expenses | $99,999 | $9.99 |
Total Expenses | $99,999 | $9.99 |
Net Operating Income | $99,999 | $9.99 |
Financial Summary (Actual - 2024) Click Here to Access
Gross Rental Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Other Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Vacancy Loss | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Effective Gross Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Taxes | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Operating Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Total Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts
Unit Amenities
- Air Conditioning
Unit Mix Information
Description | No. Units | Avg. Rent.Mo | SF |
---|---|---|---|
2+1 | 6 | £919.22 | 985 |
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PROPERTY TAXES
Parcel Number | 14425 | Total Assessment | £335,741 |
Land Assessment | £7,781 | Annual Taxes | -£1 (£0.00/sf) |
Improvements Assessment | £327,960 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
14425
Land Assessment
£7,781
Improvements Assessment
£327,960
Total Assessment
£335,741
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2024
zoning
Zoning Code | R-2 (R-2 Duplex & Multi-Family Dwelling District) |
R-2 (R-2 Duplex & Multi-Family Dwelling District) |
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1200 W Houston St - 1200 West Houston Street, Carrizo Springs, TX
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