Current Use by Public Records
- Commercial real estate
Property Details for 1948 Fm 1163 Rd
- Year built
- 2022
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a newly constructed (2022) duplex located in El Campo, Texas, at 1948 FM 1163 Rd, zip code 77437, in Wharton County. The property boasts a total of 2,158 square feet situated on a generous 27,966 square foot lot. Each of the two units offers 2 bedrooms and 2 bathrooms, along with a 1-car attached garage. Currently 100% occupied, this property presents immediate rental income potential. The units feature an open-concept design, with primary suites showcasing carpet flooring, large closets, and walk-in tile showers. Guest bedrooms also include carpet and sizable closets, while guest bathrooms offer a tub/shower combination. The living, dining, and kitchen areas feature laminate flooring, recessed lighting, and a tasteful design. Kitchens are equipped with granite countertops, raised-panel cabinets, a dishwasher, gas stove, microwave, and refrigerator. Each unit also includes a central laundry area. A partially fenced backyard completes this attractive package. The property is conveniently located outside city limits yet minutes from Highway 59, offering easy access to major transportation routes. The asking price is $410,000, representing a price per square foot of $189.99 and a price per unit of $205,000. This is a turnkey investment ready for immediate returns.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- El Campo
- County
- Wharton
- State
- Texas
- Longitude
- -96.2775
- Latitude
- 29.1684
