Looking for a property with no HOA and the freedom to use it for business or residential purposes? This unrestricted gem is just what you need! Whether you want to build your dream home, open a shop, or run a business, this property has you covered. It even comes with a 2-car shop on slab – perfect for your hobbies or business needs!

✨ Key Features:

• No HOA! 🙌
• Unrestricted zoning – residential or light commercial use
• 2-car shop on slab
• Perfect for business or home use

Opportunities like this don't come around often in Kemah! Act now and make it yours. 🏠💼

Deal Summary: This deal works as a Flip, Buy & Hold as well as for an Owner Finance Deal (Dueño a Dueño)
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Deal Details: 

Now Only: $215,000

ARV: $272,000

Rent Rate: $2,900
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Property Details:

🛏️ 2 Bedrooms

🛁 2 Bath

🏠 House Size: 1,958 SF

🌳 Lot Size: 10,287 sqft

🏗️ Year Built: 1970

Subdivision: Glen Cove Park
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Property Features:

Stories: 2

Foundation: Slab
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Disclaimer:

The properties listed are being offered only for cash purchases or through private/hard money lenders. There is no option for conventional or FHA financing unless it's specifically mentioned for a particular property. The sale being offered is not a direct property sale; instead, it's an assignment of our purchase agreement with the property's original seller. In these transactions, I am acting as the assignor of the contract, not as a real estate agent. Before making an offer or signing any contract, it's essential for potential buyers to conduct their own thorough research and assessment of the property.

All properties are sold on an as-is, where-is basis, and all inspections must be concluded before the contract's execution by the buyer. Any offer placed on the properties necessitates a non-refundable earnest money deposit of at least $5,000. The closing of these deals involves assigning our contract with the seller to the end buyer, with the buyer shouldering all closing costs.

No representations, either written or oral, are made concerning the properties. Any estimates given regarding rehab costs, rent, ARV, taxes, insurance, and closing costs are approximations, and the actual costs or values may differ. I am not a licensed contractor or appraiser, and these estimates are not to be interpreted as professional appraisals.

Please note that I may not currently hold the title to these properties. If I don't hold the title, I am advertising the sale of my equitable interest in the property, which is represented by an executed purchase agreement to purchase the property. This disclaimer is provided by Ceiling Properties Fund LLC and/or the associated members or employees, who do not represent any party other than Ceiling Properties Fund LLC in these transactions. Some members or employees of Ceiling Properties Fund LLC may be licensed real estate agents in the state of Texas.

These transactions comply with equal opportunity housing principles. Due to the nature of our business, termination options or option periods cannot be accepted. Buyers are advised to inspect the properties before making any decisions and are responsible for all closing costs, including those for the seller.