606 Sabine Street, Brenham TX, 77833
(Active)
$2,600,000
|
2 beds, 2 Full baths, 4,064 sqft
|
MLS# 60360127
Last Updated: 5/8/2024 3:43 PM
Description for
606 Sabine Street
Brenham, TX 77833
Welcome to The Reserve on Sabine a luxurious 16 unit multifamily complex! This property is a lucrative addition to any investment portfolio, offering immediate cash flow and long-term growth potential in a desirable location! The property is a 2 story, 4 building complex, with 4 units within each building. Each unit features modern finishes, including kitchen appliances, washer/dryer hookups, and high-speed internet access, providing tenants with the convenience and comfort they desire. Brenham historically has a strong rental market which presents an opportunity for rent appreciation, further increasing returns on your investment. The complex boasts a proven track record of steady and reliable rental income and minimal turnover. With 100% of units currently occupied, you can step into a profitable venture from day one. With a thriving rental market, well-maintained property, and strong tenant demand, this investment is a wise choice for seasoned and new investors alike.
Price
$2,600,000
Schmidts
Washington
2
2 Full
4,064 (approx)
60360127
Active
Description
Welcome to The Reserve on Sabine a luxurious 16 unit multifamily complex! This property is a lucrative addition to any investment portfolio, offering immediate cash flow and long-term growth potential in a desirable location! The property is a 2 story, 4 building complex, with 4 units within each building. Each unit features modern finishes, including kitchen appliances, washer/dryer hookups, and high-speed internet access, providing tenants with the convenience and comfort they desire. Brenham historically has a strong rental market which presents an opportunity for rent appreciation, further increasing returns on your investment. The complex boasts a proven track record of steady and reliable rental income and minimal turnover. With 100% of units currently occupied, you can step into a profitable venture from day one. With a thriving rental market, well-maintained property, and strong tenant demand, this investment is a wise choice for seasoned and new investors alike.
Listing Information
| Property Type: Multi-Family, 2 Story | ||
| 2 | 2 Full | |
| 4,064 (approx) | 2015 | 2 |
Schmidts
Neighborhood
School Information
| District: 137 - Brenham | ||
| BISD DRAW | BRENHAM JUNIOR HIGH SCHOOL | BRENHAM HIGH SCHOOL |
Room Information
| Bathrooms | |||
| 2 | |||
Interior Features
Dishwasher, Microwave, Range, Refrigerator
Tile, Carpet
Central Air, Ceiling Fan(s)
Electric Heating,
Central
Exterior / Lot Features
Composition
Balcony
Driving Directions
Take FM 594 E, FM 1948 S and US Hwy 290 W to Lauraine St in Brenham
28 min (20.8 mi) Follow Lauraine St to Sabine St.
Financial Considerations
| R25464 |
| $25,909 |
Listing Price History
Brenham Real Estate
Brenham is located in Texas. Brenham, Texas 77833 has a population of 16,708.
The median household income in Brenham, Texas 77833 is $61,760. The median household income for the surrounding county is $62,844 compared to the national median of $66,222. The median age of people living in Brenham 77833 is 40 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
| Street Address | City | Beds | Baths | Sold Price | Sold Date | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| No information is available for recently sold properties within this search. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 5/1/2024 | Active | $2,600,000 USD -13.30% |
|
| 11/16/2023 | Active | $2,999,000 USD -4.79% |
|
| 9/14/2023 | Active | $3,150,000 USD -5.97% |
|
| 8/11/2023 | Active | $3,350,000 USD |
|
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2022 | $25,909 USD | 102.86% | $1,414,992 USD | 125.67% |
| 2021 | $12,772 USD | -11.10% | $627,020 USD | -3.14% |
| 2018 | $14,367 USD | -45.69% | $647,380 USD | -45.69% |
| 2017 | $26,454 USD | 4,082.59% | $1,192,030 USD | 759.86% |
| 2015 | $632 USD | - | $138,630 USD | - |