Normangee TX Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
n/a
Year built:
1947
Baths:
MLS#:
53072420
Subdivision:
N/A

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.

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Andrea D. Conner, License 521381, Xome Inc., License 9002330, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067

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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.

Normangee Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    60
    30-day change

Normangee Schools and Demographics

Education near Normangee, TX

Metric City County
High School Graduates 84.09 83.39
College Degree - 2 year 7.47 5.44
College Degree - 4 year 8.93 17.21
Graduate Degree 2.76 5.56
Expenditures per Student 13,692 13,692
Students per Teacher 12 12

Elementary Schools near Normangee, TX

School Grades Students P/T Ratio ZIP
Leon Elementary School PK - 05 364 12.7 75846
Madisonville Elementary School PK - 02 731 17.9 77864
Madisonville Intermediate School 03 - 05 473 14.8 77864
Normangee Elementary School PK - 05 247 13.7 77871
Roland Reynolds Elementary PK - 04 475 10.5 77856

Middle Schools near Normangee, TX

School Grades Students P/T Ratio ZIP
Franklin Middle School 05 - 08 308 9.7 77856
Leon Junior High School 06 - 08 148 9.2 75846
Madisonville Junior High School 06 - 08 517 13.4 77864
Normangee Middle School 06 - 08 119 12.3 77871

High Schools near Normangee, TX

School Grades Students P/T Ratio ZIP
Franklin High School 09 - 12 320 8.2 77856
Leon High School 09 - 12 229 8.2 75846
Madisonville High School 09 - 12 611 11.8 77864
Normangee High School 09 - 12 173 11.3 77871

Ungraded Schools near Normangee, TX

School Grades Students P/T Ratio ZIP
North Zulch Elementary/Secondary PK - 12 349 10.4 77872

Demographics near Normangee, TX

Metric City County
Neighborhood Type Small Town
Population 835 15,877
Population Density 748 15
Median Age 47.4 44.6
People per Household 2.8 2.6
Median Household Income 41,687 48,676
Average Income per Capita 22,770 30,998