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2787 E Fm 517

San Leon, TX 77539
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Sold
Sold
$285,001 - $325,000
Sold on October 11, 2023
2,112 Sqft.
34,368 Lot Sqft
Multi-Family - Triplex

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General Description

PRIME INVESTMENT PROPERTY THAT CAN BE ZONED COMMERCIAL OR RESIDENTIAL WITH NO RESTRICTIONS! This property fronts FM 517 on a large .79-acre lot with many possibilities. There are (3) Units on the property. The small home on the right side of the property features (2) bedrooms and (1) bath with an outside laundry room. The upstairs unit on the right side of the property is (2) bedrooms, (2) baths, a laundry room, and a glass outside patio balcony. The downstairs unit on the right side of the property was previously a duplex and features (2) bedrooms, (1) bath, (2) living areas, a kitchen, and a utility room complete with a stack washer/dryer. The property line goes far beyond the gated fence in the back of the Units. All Units are currently tenant-occupied. THIS IS AN EXCELLENT INCOME-PRODUCING PROPERTY WITH THE POTENTIAL TO ADD UP TO (10) ADDITIONAL UNITS or A PRIVATE RESIDENCE OR A BUSINESS IN THE BACK. The property will be sold as-is. SELLERS WILL ENTERTAIN ALL OFFERS!

MLS#
3112988
Sold Price Range
$285,001 - $325,000
Listing Status
Sold
Address
2787 E Fm 517
City
San Leon
State
TX
Zip Code
77539
County
Galveston County
Legal Description
ABST 10 A EDWARDS N 286.5 OF E 120 OF W 253 FT OF LOT 1 BLK
Property Type
Multi-Family - Triplex
Stories
2
Year Built
1990 / Appraisal District
Building Size
2,112 Sqft/Appraisal District
Lot Size
34,368 Sqft./Appraisal District
Key Map©
661U
Market Area

Exterior

Roof
Composition
Lot Description
Other
Parking
Paved Area
Parking Unit
Two

Financial

Financing Considered
Cash Sale, Conventional, FHA, Investor, VA
Other Fees
No
Maintenance Fee
No
Taxes w/o Exemp
$6,641/2021
Tax Rate
2.521

Additional information

List Type
Exclusive Right to Sell/Lease
Unit Feature
Balcony,Fenced Area,Fireplace,Patio
Buyer Agent Compensation*
2.5%
Sub Agent Compensation*
$0.00

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Interior

Floors
Tile, Vinyl Plank
Cooling
Central Electric, Window Units
Heating
Central Electric, Window Unit
Dishwasher
Yes
Disposal
Yes
Energy Feature
Ceiling Fans, Digital Program Thermostat

Rooms

2 Bdr #
2
2 Bdr #
1
2 Bdr #
1

Lot Information

Lot Size
34,368 Sqft. /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy
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Source

Houston Association of REALTORS
Source last updated Jun 07, 2024 at 08:32 AM
Listing last updated Oct 12, 2023 at 08:27 PM

Property tax

Cost/Sqft based on tax value

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Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

DOWN PAYMENT
Loan Term
$-----
$-----
Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Assigned schools

Nearby schools view nearby schools

Subdivision Facts

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