Rogers St Normangee, TX 77871
- Commercial real estate
- 2.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Rogers St
- Year built
- 1947
- Lot size
- 2.00 lot acres
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents seven single-family homes nestled on a generous two-acre lot in Normangee, Texas. Priced at $950,000, this multi-unit property offers significant potential for rental income generation. Each of the three-bedroom homes provides practical living space, ideal for families or roommates. While not identical, all units offer comfortable living arrangements. The homes are strategically positioned on the lot, ensuring a degree of privacy between tenants. Ample outdoor space is available for residents' use. This property is well-suited for investors seeking a solid foundation for building a rental portfolio. The location in Normangee offers convenient access to local schools, shopping centers, and essential services, making it an attractive area for renters, thereby contributing to consistent occupancy rates and a strong return on investment. The property's size and layout provide flexibility for future development or expansion, should the investor choose to pursue such options. This is a turnkey investment opportunity ready for immediate income generation. The asking price reflects the property's potential and the current market conditions in Normangee.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Normangee
- County
- Leon
- State
- Texas
- Longitude
- -96.116
- Latitude
- 31.0317