4 Bed 4 Bath in Baytown, TX

Turnkey 8.3% Entry Fee Opportunity Near Houston (Baytown), TX

Discover this exceptional Subto deal near Houston in Baytown, TX, featuring a spacious 4-bedroom, 4-bathroom home with 2,671 square feet of living space. This turnkey property is available with an attractive entry fee of $33,000 (or best offer) plus closing costs, making it an excellent investment opportunity with no balloon payment and no rental restrictions.

Property Details:

• Location: Baytown, TX
• Bedrooms: 4
• Bathrooms: 4
• Living Space: 2,671 sq ft
• Purchase Price: $404,134.98
• Remaining Mortgage Balance: $376,134.98
• Interest Rate: 7.5%
• PITI: $3,251/month
• HOA: None

Financial Details:

• Entry Fee: $33,000 (or best offer) + Closing Costs
• Earnest Money Deposit (EMD): $600
• Closing Date: July 8, 2024
• Title Company: Champion Title Company

Rental Projections:

• Mid-Term Rental (MTR): $4,000/month

This property offers strong cash flow potential with a PITI of $3,251 and mid-term rental estimates of $4,000 per month. The substantial living space and four bathrooms make it highly desirable for larger families or multiple tenants. The absence of rental restrictions provides flexibility in managing the property to maximize returns.

Located near Houston, in the growing community of Baytown, this home benefits from proximity to amenities, schools, and employment centers, enhancing its rental appeal. The turnkey condition means it is ready for immediate occupancy or rental, allowing investors to start generating income right away.

Secure this lucrative investment with a $33,000 entry fee plus closing costs and take advantage of the long-term stability provided by the 7.5% fixed interest rate and no balloon payment. This Baytown property is an excellent addition to any investor’s portfolio, promising solid returns and minimal upfront costs.

Details

Property ID
SPSP-18544

Bedrooms
4

Bathrooms
4

Property Size
2671

Entry Cost ($)
33000

APR (%)
7.5

PITI ($)
3251

Balance ($)
376134