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$5,900,000

TBD Meloreen, Port Neches, TX, 77651

On MarketInfo
Just AddedInfo
Beds— Beds
Baths— Bath
Baths2,161 Sq Ft
price_per_sqft$2,730.22 / sqft

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
AppliancesRange, Oven, Dishwasher, Plumbed For Ice Maker

About this property

Meloreen Townhomes is a newly constructed 16-unit luxury community within highly desirable Nederland ISD. All units feature a two-story, 3 bedroom, 2.5 baths, 2-car garage, and spacious designed floor plans. Two different square footage options are available, with larger end units. Each offers a first floor primary suite, two upstairs bedrooms, a large bonus room with kitchenette, enclosed back patio and a private fenced backyard. Conveniently located near shopping, dining, major highways, and SE Texas's thriving petrochemical and industrial industries. Situated in a desirable community with strong rental demand. Built by a respected local builder, this exceptional property offers investors an opportunity to acquire a complete 16-unit residential develpment.

Investor Tools

$0Estimated Mortgage Balance
$5,900,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$35,400 /month
Positive
Cash Flow Estimate:
$11,800 /month

Interested in this property?

Sherry Phillips

JLA Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Port Neches

TBD Meloreen | Property Details | No Agent List