905 Ferry Street
Richmond, TX 77469
1801 sqft | 1 bed | 1 bath | 0.22 acres | #89089689
Description
Investment Opportunity in Richmond, TX. The "10th Street Project," a highway construction along the property, is set to begin in the third quarter of 2025. Located in the growing Fort Bend ISD, this area offers strong investment potential for buy-and-hold or rental portfolios.
Two 2-bedroom, 1-bath rental homes on a 9,583 SF lot (0.22 acres), currently occupied with month-to-month leases. Home #1 is 1,009 SF with 2 bedrooms and 1 bathroom, and Home #2 is 792 SF with 2 bedrooms and 1 bathroom. Rental income is $625 for each home per month. Total of $1250 per month.
Interior Details
- Bedrooms1
- Bathrooms1
- Full Baths1
Property Details
- Lot DescriptionCorner Lot, 0 Up To 1/4 Acre
Measurements
- Acres0.22
- Square Feet1801
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1960
Community and Neighborhood Details
- SubdivisionDechaums Add
Location
- Elementary SchoolPINK ELEMENTARY SCHOOL (LAMAR)
- High SchoolLAMAR CONSOLIDATED HIGH SCHOOL
- Middle SchoolLamar Junior High School
- School District33 - Lamar Consolidated
- CountyFort Bend
Financial Details
- Taxes Annual$3,702
Other
- MLS #89089689
Location
Legal
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Last Updated: . Source: HARMLS
Listing Courtesy
Listing Agent: Heather Creighton (#heathert)
Listing Office: The Virtual Realty Group (#VRGR01)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.