Attention investors, handymen/ handywomen, first-time homebuyers who want to put some sweat equity to work. Estimated rents at $850 + - $50.00. The approximate yield is cresting 10% using capex of $8k; see attached spreadsheet under docs. Looking for a WIN/WIN folks. All REASONABLE offers will be seriously considered.
Single-familyProperty Type
1958Year Built
7,143 sq ftLot Size
$91Est. Price/Sq.Ft.
2 spacesParking
Listed by Rebecca Rodriguez• Renters Warehouse Texas, LLC
Bought with Rebecca Rodriguez• Renters Warehouse Texas, LLC
Great CASH FLOW OPPORTUNITY! Open your eyes to either a flip/hold opportunity! This home is on a hill, providing great views of the sunset. Clean home but can use some TLC. Home is leased for $650 (under market value) with the same tenant for 9 years! Tenants pay all utilities. FEMA - Unknown Restrictions: Yes
CTXMLS #8216564
Apr 13, 2017
Listed
$39,800
$44/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$1,521 (−18.9%)
$19,000 + $73,426
$92,426
2025
$1,875 (+1.8%)
$19,000 + $73,426
$92,426
2024
$1,841 (+21.6%)
$19,000 + $73,426
$92,426
2023
$1,515 (+1.2%)
$19,500 + $60,507
$80,007
2022
$1,496 (+18.4%)
$9,500 + $61,580
$71,080
2021
$1,264 (+11.7%)
$9,500 + $45,906
$55,406
2020
$1,131 (+1.5%)
$9,500 + $37,577
$47,077
2019
$1,115 (+17.4%)
$5,670 + $38,535
$44,205
2018
$949 (+3.4%)
$5,670 + $31,739
$37,409
2017
$918 (+21.9%)
$5,670 + $31,739
$37,409
2016
$753 (+0.3%)
$5,670 + $31,739
$37,409
2015
$751 (+1.1%)
$5,670 + $24,880
$30,550
2014
$743
$5,670 + $24,428
$30,098
Tax history for 904 Florence Rd
Year
Property tax
Land + Additions
Assessment*
2026
$1,521 (−18.9%)
$19,000 + $73,426
$92,426
2025
$1,875 (+1.8%)
$19,000 + $73,426
$92,426
2024
$1,841 (+21.6%)
$19,000 + $73,426
$92,426
2023
$1,515 (+1.2%)
$19,500 + $60,507
$80,007
2022
$1,496 (+18.4%)
$9,500 + $61,580
$71,080
2021
$1,264 (+11.7%)
$9,500 + $45,906
$55,406
2020
$1,131 (+1.5%)
$9,500 + $37,577
$47,077
2019
$1,115 (+17.4%)
$5,670 + $38,535
$44,205
2018
$949 (+3.4%)
$5,670 + $31,739
$37,409
2017
$918 (+21.9%)
$5,670 + $31,739
$37,409
2016
$753 (+0.3%)
$5,670 + $31,739
$37,409
2015
$751 (+1.1%)
$5,670 + $24,880
$30,550
2014
$743
$5,670 + $24,428
$30,098
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.