UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,010 sqft
Price per Sqft $284
Subdivision Yancy C R
MLS Listing ID 8446553
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1960
Annual Tax Amount $3,412
Tax Year 2026
Property Sub-Type Detached
Property Description
Great investment opportunity featuring two leased residential units situated on approximately 0.471 acres in Porter, Texas. The property currently generates $2,825 per month in combined rental income, providing an established income stream for the new owner.
The first residence is a 1996 double-wide mobile home featuring a spacious layout with a large living and dining area, a good-sized kitchen, a large primary bedroom, and generously sized secondary bedrooms.
The second residence is a 1960 wood-frame home offering 3 bedrooms and 1 bathroom, with a nice-sized living area and kitchen, along with good-sized bedrooms.
Both units are currently leased:
Unit 1: $1,500/month
Unit 2: $1,325/month
Total monthly rental income: $2,825.
Annual scheduled rental income: $33,900.
Asking price: $287,500
Lot size: Approximately 0.471 acres
This property offers an opportunity to acquire two income-producing residences
Location
State TX
County Montgomery
Area Porter/New Caney East
Interior
Heating Central, Electric, Gas, Window Unit
Cooling Central Air, Electric, Gas, Window Unit(s)
Fireplace No
Exterior
Roof Type Composition
Building
Lot Description Cleared
Story 1
Entry Level One
Level or Stories One
New Construction No
Schools
Elementary Schools Porter Elementary School (New Caney)
Middle Schools Pine Valley Middle School
High Schools Porter High School (New Caney)
School District 39 - New Caney
Others
Tax ID 201579
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
NEARBY SCHOOL & BUSINESS
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