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$549,999

Est. payment - /mo

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3 Beds

2 Baths

0.48 Acres Lot

New

22500 E Martin DR Porter, TX 77365

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Tanika Donnell

tanika@tanikadonnell.com +1(972) 467-3232

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiple Detached Dwellings

Listing Status Active

Purchase Type For Sale

Subdivision Timberlane Acres 03

MLS Listing ID 65216620

Bedrooms 3

Full Baths 2

Year Built 2024

Annual Tax Amount $315

Tax Year 2024

Lot Size 0.478 Acres

Property Sub-Type Multiple Detached Dwellings

Property Description

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

Location

State TX

County Montgomery

Area Porter/New Caney East

Interior

Heating Central Electric

Cooling Central Electric

Flooring Laminate, Vinyl

Exterior

Roof Type Composition,Metal

Accessibility Driveway Gate

Building

Lot Description Cleared

Story 1

Unit Features Fenced Area

Lot Size Range 1/4 Up to 1/2 Acre

Structure Type Other,Vinyl,Wood

New Construction No

Schools

Elementary Schools Porter Elementary School (New Caney)

Middle Schools Woodridge Forest Middle School

High Schools West Fork High School

School District 39 - New Caney

Others

Senior Community No

Restrictions Unknown

Tax ID 9260-30-00200

Energy Description Ceiling Fans

Acceptable Financing Cash Sale, Conventional

Tax Rate 2.3505

Disclosures Owner/Agent, Tenant Occupied

Listing Terms Cash Sale, Conventional

Financing Cash Sale,Conventional

Special Listing Condition Owner/Agent, Tenant Occupied

Houston Association of Realtors (HAR MLS)

Listed by Vive Realty LLC • Shalom Cepeda

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Tanika Donnell

Broker/CEO/Realtor® | License ID: 0642634

+1(972) 467-3232

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22500 E Martin DR Porter, TX 77365

Tanika Donnell

Key Details

Location

Interior

Exterior

Building

Schools

Others

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22500 E Martin DR