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    502 11Th Ave N 1-6 Texas City, TX 77590

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    For Sale
    $499,900

    Six-unit multifamily property in Texas City, featuring one and two-bedroom units.

    Lot size:
    0.24 Acres

    Property Features for 502 11Th Ave N 1-6

    General Information

    Lot size
    0.24 Acres

    Building Details

    Year built
    1970

    Source: Leopold & Strahan Agent Kitten Leopold

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Texas City Multifamily Investment

    This six-unit multifamily complex is located in Texas City, TX. The property consists of four one-bedroom, one-bathroom units and two two-bedroom, one-bathroom units. Each unit includes a living area, a kitchen with cabinetry, and bedrooms with closet space. The complex is situated in a community with access to dining, shopping, parks, and major highways.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Texas City
    County
    Galveston
    State
    Texas
    Longitude
    -94.901327
    Latitude
    29.3956573

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    FAQs

    What type of property is this?
    Apartment building - Six-unit multifamily property in Texas City, featuring one and two-bedroom units.
    Where is this apartment building located?
    The property is located at 502 11Th Ave N 1-6 Texas City, TX.
    What is the asking price?
    The asking price for this property is $499,900.
    What are key features of this property?
    This property features: - Multifamily complex featuring 6 units, including four 1-bed/1-bath units and two 2-bed/1-bath units.; - Well-maintained property.; - Functional kitchens with ample cabinetry in each unit.
    (409) 941-0010
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    502 11Th Ave N 1-6 Texas City, TX 77590
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