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LJ McGowan

lj.mcgowan@engelvoelkers.com +1(832) 287-3042

$ 312,500

Est. payment -/mo

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10610 Cascade Creek DR Rosharon, TX 77583

1,560 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiple Detached Dwellings

Listing Status Active

Purchase Type For Sale

Square Footage 1,560 sqft

Price per Sqft $200

Subdivision Sierra Vista West Sec 4

MLS Listing ID 82434220

HOA Fees $96/mo

Year Built 2022

Annual Tax Amount $7,830

Tax Year 2024

Lot Size 10,215 Sqft

Property Sub-Type Multiple Detached Dwellings

Property Description

5.99% Interest Rate offered for qualified buyers. this is a single family rental with a tenant in place through February 2nd, 2026 paying $2707 per month. Property management already in place and will continue after the sale for easy out of state ownership charges 6%. Highly rated schools. Historic 8.4% year over year appreciation in this zip code (one of the highest appreciation rates in the state). It's similar to the Sherman market in 2021 - 22 or the North Austin markets in 2019 with a lot of room for price to run while cash flowing positive from day 1. 2022 build for minimal maintenance. A perfect deal for any investor looking for a mix of cashflow and appreciation in a low maintenance asset. Investors can purchase a single home, or ask about bundling multiple homes together for a package deal. KEY FEATURES: -Professional management in place -Long term tenant in place -Recently built -High historic rates of appreciation -Great schools -20 mins to downtown Houston

Location

State TX

County Brazoria

Area Alvin North

Interior

Heating Central Gas

Cooling Central Electric

Exterior

Roof Type Composition

Building

Story 1

New Construction No

Schools

Elementary Schools Nichols Mock Elementary

Middle Schools Iowa Colony Junior High

High Schools Iowa Colony High School

School District 3 - Alvin

Others

HOA Fee Include Clubhouse,Grounds,Recreational Facilities

Senior Community No

Restrictions Other

Tax ID 7577-4007-004

Acceptable Financing Cash Sale, Conventional, Exchange or Trade, Investor

Tax Rate 3.1611

Disclosures Mud

Listing Terms Cash Sale, Conventional, Exchange or Trade, Investor

Financing Cash Sale,Conventional,Exchange or Trade,Investor

Special Listing Condition Mud

Houston Association of Realtors (HAR MLS)

Listed by eXp Realty, LLC • Victor Steffen

LJ McGowan

Advisor | License ID: 716427

+1(832) 287-3042

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