Excellent investment opportunity! This recently remodeled property features two separate homes, both currently leased and producing rental income—an ideal addition for investors looking to start or expand their rental portfolio. The front home offers 3 bedrooms and 1 bath with fresh interior and exterior paint, a spacious living room, a separate dining area open to the kitchen, granite countertops, tiled backsplash, and a beautifully updated stand-up shower with glass doors. The bedrooms feature new flooring, creating a fresh, modern feel throughout. The detached rear home is a fully updated 2-bedroom, 1-bath residence complete with a full kitchen, cozy living and dining area, and a stand-up shower with handrails. Both homes are equipped with energy-efficient mini-split systems for year-round comfort. With two income-producing units already occupied by tenants, this turnkey investment offers immediate cash flow and an excellent opportunity for both new and seasoned investors.
For sale
$189,500
1214 W 5th St, Freeport, TX 77541
5beds
1,948sqft
Single Family Residence
Built in 1940
7,000 Square Feet Lot
$180,900 Zestimate®
$97/sqft
$-- HOA
What's special
New flooringTiled backsplashGranite countertopsFull kitchenStand-up shower with handrails
- 165 days |
- 114 |
- 10 |
Zillow last checked:
Listing updated:
Listed by:
Marisol Diaz TREC #0580972 979-709-6163,
Greg Flaniken & Associates
Source: HAR,MLS#: 37544410
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Level: First
- Area: 120
- Dimensions: 10x12
Bedroom
- Level: First
- Area: 144
- Dimensions: 12x12
Bedroom
- Level: First
- Area: 90
- Dimensions: 10x9
Bedroom
- Level: First
- Area: 112
- Dimensions: 16x7
Bedroom
- Level: First
- Area: 130
- Dimensions: 10x13
Other
- Level: First
- Area: 40
- Dimensions: 8x5
Other
- Level: First
- Area: 48
- Dimensions: 8x6
Dining room
- Level: First
- Area: 90
- Dimensions: 9x10
Kitchen
- Level: First
- Area: 110
- Dimensions: 11x10
Living room
- Level: First
- Area: 208
- Dimensions: 16x13
Heating
- Other
Cooling
- Other
Appliances
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Flooring: Laminate, Tile
Interior area
- Total structure area: 1,948
- Total interior livable area: 1,948 sqft
Property
Parking
- Parking features: No Garage, Driveway
Features
- Stories: 1
Lot
- Size: 7,000 Square Feet
- Features: Subdivided, 0 Up To 1/4 Acre
Details
- Parcel number: 42001360000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Pillar/Post/Pier
- Roof: Composition
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Freeport
Location
- Region: Freeport
Financial & listing details
- Price per square foot: $97/sqft
- Tax assessed value: $129,130
- Annual tax amount: $2,678
- Date on market: 3/9/2026
- Road surface type: Concrete
Estimated market value
Zestimate®
$180,900
Estimated sales range
$172,000 - $190,000
Rent Zestimate®
$2,095/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/10/2026 | Listing removed | $1,475$1/sqft |
Source: | ||
| 6/17/2026 | Listed for rent | $1,475$1/sqft |
Source: | ||
| 5/8/2026 | Price change | $189,500-9.8%$97/sqft |
Source: | ||
| 3/9/2026 | Listed for sale | $210,000+110%$108/sqft |
Source: | ||
| 10/8/2019 | Listing removed | $100,000$51/sqft |
Source: Greg Flaniken & Associates #33731993 Report a problem | ||
| 9/17/2019 | Pending sale | $100,000$51/sqft |
Source: Greg Flaniken & Associates #33731993 Report a problem | ||
| 9/17/2019 | Listed for sale | $100,000+354.5%$51/sqft |
Source: GREG FLANIKEN & ASSOC. #66899 Report a problem | ||
| 3/19/2011 | Listing removed | $22,000$11/sqft |
Source: Dixon Investments #99664754 Report a problem | ||
| 2/26/2011 | Listed for sale | $22,000$11/sqft |
Source: Dixon Investments #99664754 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,678 -7.4% | $129,130 -5.9% |
| 2024 | $2,894 -14.2% | $137,200 -12.6% |
| 2023 | $3,372 +30.4% | $156,960 +49.9% |
| 2022 | $2,586 +6.7% | $104,720 +12.2% |
| 2021 | $2,424 +119.3% | $93,300 +10% |
| 2020 | $1,105 -19.9% | $84,840 +63.2% |
| 2019 | $1,380 +4.5% | $52,000 +4% |
| 2018 | $1,321 | $50,000 -21.1% |
| 2017 | $1,321 +31.7% | $63,360 +54.5% |
| 2016 | $1,003 | $41,000 +10.8% |
| 2015 | $1,003 | $37,000 +5.2% |
| 2014 | $1,003 | $35,160 +25.6% |
| 2012 | -- | $28,000 -48.2% |
| 2011 | -- | $54,050 |
| 2010 | -- | $54,050 +8.8% |
| 2009 | -- | $49,670 -5.9% |
| 2008 | -- | $52,770 +7.3% |
| 2006 | -- | $49,160 +3.8% |
| 2005 | -- | $47,350 -13.2% |
| 2004 | -- | $54,550 +47% |
| 2003 | -- | $37,120 +6.9% |
| 2002 | -- | $34,740 +12.5% |
| 2001 | -- | $30,880 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 77541
Nearby schools
GreatSchools rating
- NAO A Fleming Elementary SchoolGrades: PK-2Distance: 0.4 mi
- 3/10Freeport Intermediate SchoolGrades: 6-8Distance: 0.7 mi
- 4/10Brazosport High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Freeport Elementary
- Middle: O'hara Lanier Middle
- High: Brazosport High School
Source: HAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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