706 Cemetery Ave, Eagle Lake, TX 77434

$120,000
3
BD
1
BA
1,292
SqFt

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List Price
$120,000
Status
ACTIVE
MLS#
31048412
Days on Market
56
Year Built
1950
Style
Traditional
Bedrooms
3
Bathrooms
1
Full-baths
1
Living Area
1,292
Lot Size
120,078
Lot Size Source
Appraiser
Subdivision
Hanly
Region
56
County
Colorado

Property Description

Income-Producing Investment Opportunity in Eagle Lake Welcome to 706 Cemetery Avenue, Eagle Lake, TX, an excellent opportunity for investors seeking immediate cash flow and future value-add potential. This tenant-occupied property is currently generating $1,100 per month in rental income, providing instant income from the day of closing. Situated on a spacious lot with mature trees, covered parking, and ample outdoor space, this property offers investors the opportunity to continue collecting rental income while exploring future improvements to increase value and rental returns. The home features a practical floor plan and is conveniently located near local schools, parks, shopping, and major roadways. Whether you're looking to expand your rental portfolio, acquire your first investment property, or secure a property with long-term potential, 706 Cemetery Avenue presents an affordable opportunity in the Eagle Lake market. Please do not disturb the tenant.

Additional Information

Finance Available
Cash, Conventional, Owner May Carry
Taxes
$2,752
Heating
Window Unit(s)
Cooling
Window/Wall
Stories
1
Lot Description
Cleared
Foundation
Pillar/Post/Pier
Roof
Composition
School District
Rice Consolidated
Elementary School
Eagle Lake Intermediate School
Middle School
Rice Junior High School (Rice Cisd)
High School
Rice High School (Rice Cisd)

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of TAS Realty Group.