501 S Holmes St

La Porte, TX 77571
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3 bd, 3 ba | 2,364 sqft | Built in 1978

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List Price
$266,749

Initial Investment

$72,689

Purchase Price

$266,749

Down Payment

25%

Rent

$3,170

Total Return

$127,539

Annualized Return

24.9%

Cap Rate

8.2%

Gross Yield

14.3%

Cash Flow

$6,052

Appreciation

6.3%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

12,502

HOA

None

Flood Risk

Not Required

Welcome to 501 S Holmes St., a charming two-story residence offering a comfortable and spacious living experience. With three bedrooms and two and a half bathrooms spread across 2,364 Sq. Ft., this home is designed for both practicality and style. The family room, featuring a cozy brick fireplace, provides a perfect gathering space, while the kitchen boasts bright wooden cabinets and a generous pantry. The carpeted flooring in the bedrooms adds a touch of warmth, complemented by ceramic tile flooring throughout the rest of the home. Large windows illuminate the space, and the property sits on a sizable 12,500 square foot lot, offering you a great sized backyard. This location is also an ideal one, with Kemah and Seabrook being within a 10-mile radius. There are also tons of great eateries, local parks, and shopping centers nearby.

See more in Analysis
Fred McDaniel
Realty ONE Group Iconic
TX Agent License #573495

Annual Financial Highlights

Expected Rent

$36,138

Expenses

-$8,334

Property Taxes

-$7,250

Loan Payments

-$14,502

Net Cash Flow

$6,052

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

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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Listing Courtesy of:Dan Cook
Agent License 0194778
SWE Homes
Certified Agent Brokerage:Fred McDaniel
Realty ONE Group Iconic
TX Brokerage License 9003340
SourceHouston Association of REALTORS®
MLS #49298697
Last Updated: 08/14/2025 13:08
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