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11111 Wiggins ST #12 Jacinto City, TX 77029
1 Bed
1 Bath
4,320 SqFt
Key Details
Sold Price -
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,320 sqft
Subdivision Industrial
MLS Listing ID 55598155
Sold Date -
Bedrooms 1
Full Baths 1
HOA Y/N No
Year Built 1962
Annual Tax Amount $13,484
Tax Year 2025
Property Sub-Type Multi Family
Property Description
This 12-unit apartment complex in Jacinto City offers a strong investment opportunity with immediate cash flow and upside potential. Currently 90%+ occupied, the property benefits from a stable tenant base, including many long-term residents. At current rental rates, the asset is delivering a high CAP rate, making it attractive for yield-focused investors.
Recent capital improvements include new electrical panels installed in all units in 2023, reducing near-term maintenance concerns. The property presents additional upside through rental increases, particularly with potential conversion to Section 8 housing.
Tenants enjoy convenient access to public transportation, grocery stores, and nearby dining options. The complex also features dedicated on-site parking with 14 spaces accessible from Wiggins Street. This is a turnkey asset with both stability and value-add potential in a high-demand rental area.
** All tenants are month to month.
Location
State TX
County Harris
Area North Channel
Interior
Interior Features Fireplace, Ceiling Fan(s)
Heating Space Heater
Cooling Window Unit(s)
Flooring Tile
Fireplace Yes
Appliance Refrigerator
Exterior
Parking Features Paved
Utilities Available Electricity Available, Natural Gas Available, Water Available
Roof Type Composition
Building
Lot Description Corner Lot, Near Public Transit
Faces South
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Schools
Elementary Schools Pyburn Elementary School
Middle Schools Woodland Acres Middle School
High Schools Galena Park High School
School District 21 - Galena Park
Others
Tax ID 055-222-000-0025
Acceptable Financing Cash, Conventional, Investor Financing
Listing Terms Cash, Conventional, Investor Financing
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Bought with Vive Realty LLC