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.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.