$ 450,000.00

513 Avenue I, Conroe, TX 77301, USA
  • MLS #: 55283542
  • Area: 3330 sq ft
  • Type:
  • Bedrooms: 3
  • Bathrooms: 2
  • Baths Full: 2
  • Lot size: 9345 sq ft
  • Floors: 2
  • Status:
  • Year built: 2019
  • Area: 19

Rooms&Units description

  • Unit Count: 3
  • Unit Features: Fenced Area
  • Parking Unit: Two

Description

Property is on 2 half lots in the City of Conroe. One structure is a newly built (2019) duplex that are each 3 bed and 1.5 bath. Another unit is a 1 bed and 1 bath, the last unit is a 3 bed 1 bath both built in 1948. All units are on long term lease with minimal deferred maintenance. Conroe is one of the fastest growing cities in the country and this property is very close to city center and offers reasonable rent in the area. Roof on the older units was scheduled for replacement prior to COVID and is deferred but consideration included in asking price. Two units have stacked W/D included. Dimensions for all rooms should be verified by buyer. Property includes houses on 601 and 603 Booker T Washington, corner lot adjacent to 513 Avenue I.

View on map / Neighborhood

Location Details

  • County Or Parish: Montgomery
  • Directions: I-45 from South exit Gladsdel, left on 3rd st, right on Avenue I property at corner of Avenue I and Booker T Washington
  • School District: 11 – Conroe
  • School Elementary: HOUSTON ELEMENTARY SCHOOL (CONROE)
  • School Middle: STOCKTON JUNIOR HIGH SCHOOL
  • School High: CONROE HIGH SCHOOL

Property Details

  • Parcel Number: 4060-00-00760
  • Subdivision: Donovans
  • Restrictions: Other
  • List Type: Exclusive Right to Sell/Lease
  • Sq Ft Source: Builder
  • Price Sq Ft List: $ 135.14
  • Section Num: 1
  • Disclosures: Owner/Agent
  • Legal: DONOVANS, BLOCK 1, LOT 7-A, 8-A
  • Lot Size Source: Appraisal District
  • Original List Price: $ 450,000.00
  • Disposal: 1
  • Tenancy Type: 1 Year
  • Range: 1
  • Occupancy: Under 10% Vacancy
  • Access: Driveway Gate
  • Complex Access: 1 – 4 Family Residential

Property Features

  • Utilities: Electric,Water
  • Floors desc.: Laminate
  • Siding: Cement Board
  • Roof: Composition
  • Dishwasher: 1
  • Cool System: Central Electric
  • Heat System: Central Electric
  • Microwave: 1
  • Energy: HVAC>13 SEER
  • Refrigerator: 1

Fees&Taxes

  • Tax Amount: $ 1,798.00
  • Tax Year: 2020
  • Tax Rate: $ 2.25

Miscellaneous

  • Income Gross: 45000
  • Income Net Operating: 38000
  • Expense Owner Operating: Accounting,Advertising
  • Income Gross Operating: 44100
  • Expense Operating: 3000

Courtesy of

  • Office Name: My Castle Realty

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