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    Rogers St Normangee, TX 77871

    • Commercial real estate
    • 2.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    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

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Normangee
    County
    Leon
    State
    Texas
    Longitude
    -96.116
    Latitude
    31.0317

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    Rogers St
    Normangee, TX 77871
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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
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