Enhance your rental portfolio with this prime investment opportunity in Freeport, TX. This property comprises two distinct, recently renovated units, each offering 480 sq ft of living space. Both units each offer 1 bedroom, 1 full bathroom, living space, and full kitchen. Features include stainless steel appliances, a bar-top kitchen, patio, and a great size backyard. Ideally situated near Surfside Beach and other bodies of water that provide some of the best fishing in the Gulf, this property is perfect for investors seeking attractive rental units. Contact a real estate professional for further details. The true advantage of this home is the possible ROI. One unit currently rents for 750$. If both could rent at 750 each that would be 1500 a month on 120k. Possiblitly for a 15% return or greater.
The median home value in Freeport, TX is $126,200. This is lower than the county median home value of $219,000. The national median home value is $219,700. The average price of homes sold in Freeport, TX is $126,200. Approximately 38.36% of Freeport homes are owned, compared to 42.98% rented, while 18.66% are vacant. Freeport 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 Freeport real estate agent to arrange a tour today!
Freeport, Texas has a population of 12,082. Freeport is less family-centric than the surrounding county with 36.87% of the households containing married families with children. The county average for households married with children is 40.73%.
The median household income in Freeport, Texas is $36,673. The median household income for the surrounding county is $76,426 compared to the national median of $57,652. The median age of people living in Freeport is 26.7 years.
The average high temperature in July is 90.8 degrees, with an average low temperature in January of 45.3 degrees. The average rainfall is approximately 50.7 inches per year, with 0 inches of snow per year.