2107 Lamar Drive

Richmond, TX 77469

About this property

Priced well below market to reflect the work needed, this vacant duplex is being sold as-is and presents a clear value-add opportunity for the right buyer. Both units were completely renovated in 2022, are separately metered, and offer 3 bedrooms, 2 bathrooms with ample square footage. Ideal for an investor looking to renovate, hold, and rent, or for a buyer wanting to customize the property for multigenerational living. Located in the heart of Richmond, the property sits across the street from an elementary school and is close to everyday shopping. This convenient location makes it especially appealing for longer-term tenants and families seeking a stable place to settle. A solid project with strong rental and lifestyle potentialbring your vision and turn this duplex into a long-term asset. These units have brought in past rental income upwards of $3200 per month.

About this property

Priced well below market to reflect the work needed, this vacant duplex is being sold as-is and presents a clear value-add opportunity for the right buyer. Both units were completely renovated in 2022, are separately metered, and offer 3 bedrooms, 2 bathrooms with ample square footage. Ideal for an investor looking to renovate, hold, and rent, or for a buyer wanting to customize the property for multigenerational living. Located in the heart of Richmond, the property sits across the street from an elementary school and is close to everyday shopping. This convenient location makes it especially appealing for longer-term tenants and families seeking a stable place to settle. A solid project with strong rental and lifestyle potentialbring your vision and turn this duplex into a long-term asset. These units have brought in past rental income upwards of $3200 per month.

Features and Additional Information

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$319,000 Active
3 Bed(s)
2
Baths
2,957 sqft

Presented By Coldwell Banker Commercial Gateway

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Brokerage
Signature Real Estate
1-713-952-3200
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Area Information

30 | Fort Bend County | Clairmont Acres

$ 319,000
This listing is play_arrow 32.9% higher than the average in the area
$ 239,990 in the area
2,957 SqFt
This listing is play_arrow 62.3% larger than the average in the area
1,822 SqFt in the area
$ 108 $/SqFt
This listing is play_arrow 18.1% less than the average in the area
$ 132 $/SqFt in the area
23 days on site
This listing is play_arrow 46.5% below the average in the area
43 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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    High School

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Listed By Vanessa Ruiz
Brokerage: Signature Real Estate

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