1507 Burton Ave

Orange, TX 77630
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2 bd, 2 ba | 1,290 sqft | Built in 1941

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For Sale

Exclusive

List Price
$69,000

Initial Investment

$18,803
Pre-approval letter or proof of funds required.

$

about the purchase process.
Features

Occupancy

Vacant

Vacancy Protection

Yes

Lot Size

7,536

HOA

None

Flood Risk

Not Required

  • Vacant property
  • Meet 1% rule at current market rent
  • Attractive current market cap rate
See more in Analysis

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Annual Financial Highlights

Expected Rent

$8,265

Expenses

-$2,490

Property Taxes

-$1,600

Loan Payments

-$3,751

Net Cash Flow

$423

See more in Financials

Property Characteristics

Inspection Contingency

This home will be inspected after the offer is accepted and prior to closing, during which time you can negotiate price or repairs based on the inspector's findings or cancel the contract.
  • This property will be professionally inspected before closing.
  • You'll have the opportunity to negotiate a lower price or repairs if any issues are identified during the inspection process.
  • Your earnest money deposit will be refunded if you cancel the transaction before the inspection contingency termination date.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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