Income-Producing Investment Opportunity in Eagle Lake
Welcome to 706 Cemetery Avenue, Eagle Lake, TX, an excellent opportunity for investors seeking immediate cash flow and future value-add potential. This tenant-occupied property is currently generating $1,100 per month in rental income, providing instant income from the day of closing.
Situated on a spacious lot with mature trees, covered parking, and ample outdoor space, this property offers investors the opportunity to continue collecting rental income while exploring future improvements to increase value and rental returns. The home features a practical floor plan and is conveniently located near local schools, parks, shopping, and major roadways.
Whether you're looking to expand your rental portfolio, acquire your first investment property, or secure a property with long-term potential, 706 Cemetery Avenue presents an affordable opportunity in the Eagle Lake market. Please do not disturb the tenant.
For sale
$120,000
706 Cemetery Ave, Eagle Lake, TX 77434
3beds
1,292sqft
Single Family Residence
Built in 1950
0.28 Acres Lot
$-- Zestimate®
$93/sqft
$-- HOA
What's special
Ample outdoor spacePractical floor planCovered parking
- 75 days
- 134
- 1
Zillow last checked:
Listing updated:
Listed by:
LaTisha Grant TREC #0571395 713-929-3411,
TAS Realty Group
Source: HAR,MLS#: 31048412
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Window Unit
Cooling
- Window Unit(s)
Features
- All Bedrooms Down
Interior area
- Total structure area: 1,292
- Total interior livable area: 1,292 sqft
Property
Features
- Stories: 1
Lot
- Size: 0.28 Acres
- Features: Cleared, 0 Up To 1/4 Acre
Details
- Parcel number: 14339
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Pillar/Post/Pier
- Roof: Composition
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Hanly
Location
- Region: Eagle Lake
Financial & listing details
- Price per square foot: $93/sqft
- Tax assessed value: $55,810
- Annual tax amount: $2,752
- Date on market: 6/18/2026
- Listing terms: Cash,Conventional,Owner Will Carry
Estimated market value
Not available
Estimated sales range
Not available
$1,449/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/18/2026 | Listed for sale | $120,000+33.5%$93/sqft |
Source: | ||
| 12/31/2022 | Listing removed | -- |
Source: | ||
| 4/11/2022 | Listed for sale | $89,900$70/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,209 -0.3% | $55,810 +2% |
| 2024 | $1,213 -8.6% | $54,720 -54.1% |
| 2023 | $1,326 -29.2% | $119,339 +10% |
| 2022 | $1,874 -2.9% | $108,490 |
| 2021 | $1,931 | $108,490 +3.7% |
| 2020 | -- | $104,590 +7.7% |
| 2017 | -- | $97,080 +10.8% |
| 2016 | -- | $87,650 |
| 2015 | -- | $87,650 |
| 2014 | -- | $87,650 |
| 2013 | -- | $87,650 -0.8% |
| 2012 | -- | $88,360 |
| 2011 | -- | $88,360 |
| 2010 | -- | $88,360 |
| 2009 | -- | $88,360 +3.1% |
| 2008 | -- | $85,720 +1.6% |
| 2007 | -- | $84,340 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 77434
Nearby schools
Schools provided by the listing agent
- Elementary: Eagle Lake Intermediate School
- Middle: Rice Junior High School (Rice Cisd)
- High: Rice High School (Rice Cisd)
Source: HAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




