$110,000
For Sale

905 Ferry Street

Richmond, TX 77469
1801 sqft | 1 bed | 1 bath | 0.22 acres | #89089689
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

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

O'Hara & Company Real EstateReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

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.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00