$149,500
For Sale

50 Sir Gawain Drive

Palacios, TX 77414
1056 sqft | 3 beds | 2 baths | 0.22 acres | #18597929
Browse 15 photos
Type:Purchase
Structure:House
Zone:Residential

Description

INVESTOR SPECIAL! This 3-bedroom, 2-bath home offers an incredible investment opportunity just 5 miles from Sargent Beach. Tucked away in a secluded area at the end of the road, the property includes two lots with the home and two additional lots with endless possibilities for expansion. Add an RV, tiny house, or trailer home to maximize the potential of this unique space. The home is currently tenant-occupied, generating $1,250/month in rental income, with tenants eager to remain long-term. The home underwent extensive remodeling, including new flooring, updated bath fixtures, and new appliances like a dishwasher, washer, dryer, stove, and refrigerator. A brand-new A/C and heater have also been installed. Residents will appreciate the community boat launch with access to Caney Creek, which flows into the Gulf of Mexico. With low taxes and low POA dues, this property is a fantastic opportunity for investors looking to expand their portfolio. New roof September 2024. Don’t miss out!

  • Property Details
      • Lot DescriptionCleared, Cul-De-Sac, 1/4 Up to 1/2 Acre
      • Middle SchoolVan Vleck Junior High School
      • Elementary SchoolVAN VLECK ELEMENTARY SCHOOL
      • Property SubtypeSingle Family Residence
      • High SchoolVAN VLECK HIGH SCHOOL
      • School District134 - Van Vleck
      • SubdivisionCamelot Forest
      • FoundationBlock & Beam
      • StyleTraditional
      • Sewer InformationSeptic Tank
      • CountyMatagorda
      • Property TypePurchase
      • MLS #18597929
      • MLS #18597929
      • Acres0.2181
      • Taxes Annual$1,262
      • Cost149500
      • Square Feet1056
      • Year Built2004
      • Hoa Fees191
      • Bedrooms3
      • Bathrooms2
      • Full Baths2

Location

Evan Lloyd PropertiesReal Estate Group
$
years

Down Payment

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%
10.0%

Interest Rate

%
6.0%

Tax Rate

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2.6%
$
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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