22500 E. Martin Drive, Houston, Texas 77365
$549,999
3 Beds
2 Full Baths
Multi-Family
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About 22500 E. Martin Drive
Fully remodeled mobile home park featuring 4 units—2 units are 3 bed/2 bath and 2 units are 2 bed/2 bath. Each unit has been updated inside and out with granite countertops, new showers, new flooring, and new appliances, offering true turnkey condition. Property improvements include a brand new metal fence with gate openers, underground electrical, new meter base, COMMERCIAL SEWER SYSTEM, and new water backflows. This fully occupied four-unit property delivers strong rental income and boasts a great cap rate, making it a solid addition to any investment portfolio. With competitive rental pricing and additional space for future development, whether to add another unit, storage, or further enhancements, this asset provides both immediate cash flow and long-term upside. Located in a high-demand rental market within a rapidly growing area, it's a rare opportunity for investors. P&L and Rent Rolls available
Highlights
22500 E. Martin Drive
$549,999
Multi-Family
Houston 77365
3 Beds
2 Full Baths
20,830 Lot Sq Ft
General Description
Taxes & Fees
Tax ID
92603000200
Tax Rate
2.3505%
Taxes w/o Exemption/Yr
$315 / 2024
Maint Fee
No
Interior Features
Fireplace
No
Floors
Laminate, Vinyl
Heating
Electric
Cooling
Ceiling Fan(s), Electric
Appliances
Range, Refrigerator
Dishwasher
No
Range
Yes
Disposal
No
Microwave
No
Loft
No
Exterior Features
Roof
Composition, Metal
Exterior Type
Other, Vinyl Siding, Wood Siding
Private Pool
No
Area Pool
Maybe
Lot Description
1/4 Up to 1/2 Acre, Cleared, Subdivision Lot
New Construction
No
Listing Firm
Vive Realty LLC
Schools
| Name | Grade | Great School Ranking |
|---|---|---|
| Porter Elem (New Caney) | Elementary | 6 of 10 |
| Woodridge Forest Middle | Middle | 5 of 10 |
| West Fork High | High | None of 10 |
School information is generated by the most current available data we have. However, as school boundary maps can change, and schools can get too crowded (whereby students zoned to a school may not be able to attend in a given year if they are not registered in time), you need to independently verify and confirm enrollment and all related information directly with the school.
