732 1st Ave N, Texas City, TX 77590

$799,000
3,309
SqFt

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List Price
$799,000
MLS#
64343980
Status
ACTIVE
Type
Multifamily
Subtype
ResidentialIncome
Year Built
1968
Living Area
3,309
County
Galveston
Area
33
City
Texas City
Subdivision
Texas City

Property Description

Investment opportunity in the heart of Texas City’s industrial corridor. This fully rehabbed 9-unit mixed-use complex offers a diversified income stream, with a blend of long-term rentals and short-term stays currently generating cash flow. Each unit has been updated, and mini-split HVAC systems were installed within the past year, adding modern comfort and efficiency. The flexible rental model creates multiple paths for income, including Airbnb stays and furnished or traditional rentals. Its location places guests and tenants near the Texas City Dike, a major fishing and boating destination, while major employers including Valero, Dow and the petrochemical industry help support demand for workforce housing. Texas City is positioned between Houston and Galveston with access to transportation corridors. Whether continuing the existing operating model or refining the tenant mix, this is a versatile, income-producing asset in a market supported by tourism, recreation and industry.

Additional Information

Unexempt Taxes
$6,391
Lot Size
12,500
Lot Description
Corner Lot
Interior Features
Granite Counters
Flooring
Plank, Vinyl
Roof
Composition
Stories
2
School District
Texas City
Elementary School
Heights Elementary School (Texas City)
Middle School
Blocker Middle School
High School
Texas City High School

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Calculator source: Real Geeks

Listing courtesy of Alan Hernandez from White Picket Realty LLC. Contact: