Normangee TX Commercial for Sale
$950,000
Rogers Street Normangee, TX 77871
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 2 Acres
- Year built:
- 1947
- Baths:
- MLS#:
- 24015373
ADDITIONAL INFORMATION
This is a great opportunity for investors looking to add a multi-unit property to their portfolio. The offering includes 7 single-family homes, situated on a spacious lot in Normangee. While the homes are not identical, they each offer practical living space with 3 bedrooms, making them ideal for families or roommates. They offer significant potential for rental income. The property provides a solid foundation for an investor looking to lease the homes and start generating cash flow. The homes are spread out on the lot, providing some privacy between units, and there is ample outdoor space. Located in Normangee, tenants will enjoy easy access to local schools, shopping, and other essential services, making it a desirable area for renters.
Normangee Real Estate
The median home value in Normangee, TX is $256,700. This is higher than the county median home value of $208,000. The national median home value is $338,100. The average price of homes sold in Normangee, TX is $256,700. Approximately 50.68% of Normangee homes are owned, compared to 16.06% rented, while 33.26% are vacant. Normangee real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Normangee real estate agent to arrange a tour today!
Normangee, Texas has a population of 835. Normangee is less family-centric than the surrounding county with 23.46% of the households containing married families with children. The county average for households married with children is 27.77%.
The median household income in Normangee, Texas is $41,687. The median household income for the surrounding county is $48,676 compared to the national median of $69,021. The median age of people living in Normangee is 47.4 years.
Normangee Weather
The average high temperature in July is 94.3 degrees, with an average low temperature in January of 36.9 degrees. The average rainfall is approximately 42.2 inches per year, with 0.5 inches of snow per year.