Active

905 Ferry Street

Richmond TX, 77469

$110,000


$61.08 per sqft

Active

1 Bed

1 Bath

1,801 sqft

Multi-family

Built in 1960

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.

89089689

MLS ID

October 16, 2024

Listed

November 7, 2024

Updated

Map

905 Ferry Street
Richmond TX, 77469

Interior Features

Total Stories

1


Bedrooms

1


Total Bathrooms

1


Full Bathrooms

1


Fireplace

No


Cooling

Yes


Cooling Description

Window Unit(s)


Heating

Yes


Heating Description

Window Unit

Exterior/Building Features

Lot Size

0.22 Acres


Lot Features

Corner Lot, 0 Up To 1/4 Acre


Roof

Composition

School Information

School District

33 - Lamar Consolidated


High School

Lamar Consolidated High School


Elementary School

Pink Elementary School (Lamar)

Other Property Details

Area Name

30


Taxes

$3,702


Tax Frequency

Annually


Days on Market

22


Garage

No


View

No


County

Fort Bend


Pool

No

Listing History

Date

Event

Price

11/7/2024

Price change

$110,000

-15%

10/22/2024

Price change

$129,000

-14%

 

Courtesy of The Virtual Realty Group, Heather Creighton 

Based on information from the Houston Association of REALTORS as of 11/7/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Data last updated 3:49 PM UTC, 11/7/2024

 

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