- For Sale $1,462,810
- Property Type Multi-Family
- Property Size 6,968 SF
- Units 9
- Lot Size 0.17 Acre
- Additional Rent Contact for pricing
- Year Built 1949
- Date Updated Jul 27, 2024
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
Highlights
- 7.2 acres is unimproved with high visibility ready for development
- All homes are single-family detached
- The SFR asset mix consists of five 2-bedroom and four 3-bedroom homes
- Portfolio is self-managed
- Average home size of 774 square feet
- 7.2 acres is perfect for retail, RV park or BFR opportunity
- The average asking price for the homes of $135,000 is well below Hitchcock’s median home sale price of $250k
- Homes are 100% leased to fully vetted tenants minimal deferred maintenance and NEW individual city water lines
- Significant CapEx deployed throughout the Portfolio
- Stabilized Year 1 Net Cap Rate of 7.49%
- Stabilized Year 1 Annual Gross Yield of 11.53%
- All SVN® Offices Are Independently Owned & Operated
- Local Broker License Information: www.SFRhub.com/realestatelicensing
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Contacts
Location
Getting Around
-
Bike Score ®
25/100 Somewhat Bikeable
- City Hitchcock, TX
- Zip Code 77563
- Market Houston
Points of Interest
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Shell
5.32 miles
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Valero
5.41 miles
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Valero
6.37 miles
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Valero
6.87 miles
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Murphy USA
7.21 miles
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Sam's Club
7.30 miles
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Valero
8.15 miles
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H-E-B Fuel
8.52 miles
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ChargePoint
8.75 miles
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Chevron
9.03 miles
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Best Western
7.33 miles
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Comfort Inn & Suites
7.36 miles
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Holiday Inn Express & Suites
7.44 miles
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Quality Inn
7.46 miles
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La Quinta Inn & Suites by Wyndham-Texas City I-45
7.51 miles
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Comfort Inn & Suites Texas City
8.02 miles
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Americas Best Value Inn
8.33 miles
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Candlewood Suites
8.79 miles
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SpringHill Suites Marriott
8.85 miles
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GALVESTON BEACH RESORT
9.97 miles
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McDonald's
5.38 miles
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El Valle Cafe
5.47 miles
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Bayou Bistro and Bar
6.40 miles
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Whataburger
7.02 miles
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IHOP
7.15 miles
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Popeyes
7.17 miles
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Linna Donuts
7.17 miles
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Gringo's Mexican Kitchen
7.21 miles
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Olive Garden
7.22 miles
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Panda Express
7.23 miles
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Crosby High School
3.32 miles
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Stewart School
3.39 miles
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Hitchcock High School
3.43 miles
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Hitchcock Special Education School
3.45 miles
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Crosby Middle School
3.48 miles
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Galveston County Juvenile Justice Alternative Education Program
3.61 miles
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Our Lady of Lourdes School
4.25 miles
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Kids First Head Start School
4.44 miles
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La Marque High School
5.68 miles
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Saint Michael's Episcopal School
5.72 miles
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Hitchcock Childcare
3.66 miles
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Busy Body's Child Care
6.08 miles
Frequently Asked Questions
How much does 101611 . 9 Home SFR & Land Hitchcock, TX cost?
The space currently listed for sale at 101611 . 9 Home SFR & Land Hitchcock, TX asks for $1,462,810.
What is the total square footage of 101611 . 9 Home SFR & Land Hitchcock, TX?
101611 . 9 Home SFR & Land Hitchcock, TX totals 6,968 square feet.
When was this property built?
101611 . 9 Home SFR & Land Hitchcock, TX was built in 1949.
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Contact Listing Broker
![broker]( https://cdn.commercialcafe.com/images/0E39129C-2EDA-4848-87D0-04F7538BAF32/113996.jpeg?width=96)
Tim Orscheln
SVN | SFRhub Marketplace