905 Ferry ST Active

Richmond,TX 77469

$ 129000

1 Bed

1 Bath

1801 SqFt


Key Details

Property Type Multi-Family

Sub Type Multiple Detached Dwellings

Listing Status Active

Purchase Type For Sale

Square Footage 1,801 sqft

Price per Sqft $71

Subdivision Dechaums Add

MLS Listing ID 89089689

Bedrooms 1

Full Baths 1

Year Built 1960

Annual Tax Amount $3,702

Tax Year 2023

Lot Size 9,583 Sqft

Property Description

Investment Opportunity in Richmond, TX. The "10th Street Project," a highway construction along the property, is set to begin in the third quarter of 2025. Located in the growing Fort Bend ISD, this area offers strong investment potential for buy-and-hold or rental portfolios.
Two 2-bedroom, 1-bath rental homes on a 9,583 SF lot (0.22 acres), currently occupied with month-to-month leases. Home #1 is 1,009 SF with 2 bedrooms and 1 bathroom, and Home #2 is 792 SF with 2 bedrooms and 1 bathroom. Rental income is $625 for each home per month. Total of $1250 per month.

Location

State TX

County Fort Bend

Area Fort Bend South/Richmond

Interior

Heating Window Unit

Cooling Window Units

Exterior

Roof Type Composition

Building

Lot Description Corner

Story 1

Lot Size Range 0 Up To 1/4 Acre

New Construction No

Schools

Elementary Schools Pink Elementary School (Lamar)

Middle Schools Lamar Junior High School

High Schools Lamar Consolidated High School

School District 33 - Lamar Consolidated

Others

Senior Community No

Restrictions Unknown

Tax ID 2715-00-044-0002-901

Acceptable Financing Cash Sale,Conventional,Investor,Owner Financing

Tax Rate 2.2381

Disclosures Tenant Occupied

Listing Terms Cash Sale,Conventional,Investor,Owner Financing

Financing Cash Sale,Conventional,Investor,Owner Financing

Special Listing Condition Tenant Occupied

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