Investment Property, Hot Rental market – Bishop, TX Sold

  • $45,000
  • 3 beds
  • 2 baths
  • 1500 sqft

This should be selling for so much more! Owner needs quick sale. This off market, 3-bedroom, 2 full baths and attached 2 car garage is the perfect nvestment property in this hot rental market. Open concept kitchen/dining/living area. Large mater suite with full bath and 3 closets. Large 2 car garage and work space with laundry room and extra-large storage area(room). this could be easily converted to home office. Roof is less than 1-year old, newer vinyl siding.

House sits on corner lot in quiet neighborhood.

ARV: 82K

Light rehab: 10-15K

Landlords enjoy the high demand in this low supply rental market. Rents from $850-950/mo

Cash or hard money, only. please call or text for further information.

Bishop is a secondary market of Corpus Christi with a population of app. 4,000 in Nueces county, TX. Nueces County has over 350,000 in population. Median home prices in Bishop are 70-80K with rents from $650-1,100. Rental properties are in high demand. Celanese РBishop facility is just up the road. Celanese began a methanol unit with an expected annual capacity of 1.3 million tons at the company’s Bishop facility. . The methanol unit would utilize abundant, low-cost natural gas in the U.S. Gulf Coast region as a feedstock and would benefit from the existing infrastructure at the site.

Kingsville, in Kleberg county is less than 10 miles down the road. Kingsville is home to Naval Air Station with Jet aviation training and Texas A& M University and King Ranch – a 146,000 acres legacy ranch.

Sold through equitable interest as assignment of contract

Price:
$45,000
Address:
Second St
Bishop, Texas 78343
Square Feet:
1500
Bedrooms:
3
Bathrooms:
2
Terms:
For Sale
Property Type:
Home
Year Built:
1950

Additional Features

Corner lot Great Neighborhood

Call 361-695-1943 for more details

Property Location