19910 Angus Rd Crosby, TX 77532
- Residential income homes
- 1,456 SF
Current Use by Public Records
- Residential income homes
Property Details for 19910 Angus Rd
- Year built
- 2019
- Property size
- 1,456 SF
- Property type
- Residential income homes
- APN
- 047-109-001-0043
Description
This exceptional investment opportunity presents two beautifully maintained, single-family mobile homes situated on a spacious 1.1-acre lot in Crosby, Texas. Built in 2019, the property boasts a total of 2,704 square feet of net rentable space, encompassing two units. Unit #1 offers 1,456 square feet, featuring four bedrooms, two bathrooms, an updated kitchen with a stylish backsplash, and new flooring in the main living areas. Unit #2 comprises 1,248 square feet, including three bedrooms, two bathrooms, upgraded flooring, a welcoming front porch, and a generously sized living area. Currently operating at 50% occupancy (as of October 14, 2023), this property generates a net operating income (NOI) of $2,800 annually, representing a cap rate of 0.84%. The asking price is $335,000, translating to $167,500 per unit and $230.08 per square foot. The property is zoned residential and offers significant potential for future growth, including the possibility of adding another unit on the expansive lot. Its convenient location provides easy access to Baytown, Crosby, Atascocita, and Houston, making it an attractive option for both investors and families. The property's features, combined with its strategic location and growth potential, make it a compelling investment opportunity in the thriving Harris County market. The lot size is 50,965 square feet. The property's APN is 047-109-001-0043.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Crosby
- County
- Harris
- State
- Texas
- Longitude
- -95.008268
- Latitude
- 29.96876
