Richmond, TX 77469
sold
$265,000 (ARV: $445K)

Off-Market Rare Rental Cash Cow Large ½ Acre+ Lot! Garage Apartment! No HOA!

Insane cash flow opportunity! Two separate units (3,707 combined sqft) are within a subdivision community with no additional HOA Fees! This large 2 story home is on one of the largest residential lots in the area and includes a detached 3 car garage and bonus 800 sqft garage apartment with private access! Zoned to the low risk “X-500 year” flood zone.

This is the cheapest property available for a 4+ bedroom house within a mile radius by $39K+, not including the garage apartment in the value. The home will need updates before it’s rent ready!

Highlights

Bedrooms
4
Bathrooms
2.5
Square Ft.
2,907
Garages
3
LOT SQFT
24,404
YEAR BUILD
1977
MARKET RENT
$3,750
ARV
$445K
SPREAD
$180K
1 Hr Home Offer

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Facing an out-of-state move, our clients needed a quick and profitable sale. We partnered with a local stager, captured stunning twilight photos, and launched a focused marketing campaign to attract the right buyers fast.

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