ActiveResidential · sale

639 Saint Charles

Crosby, TX 77532

$239,900

  • 6 beds
  • 3 baths
  • 1,924 sq ft
  • 0.13 acres
  • Built 1960

Listed by BMJ Realty Group · MLS #ACT4536986

639 Saint Charles, Crosby, TX 77532 — photo 1 View full photo
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A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1960.

Property size

0.13 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

DUPLEX!! Both sides rented now but could live on one side and use the rent income from the other side to cover your mortgage! Roof replaced in November 2022. HVAC replaced in each unit in 2020 & 2021. Four bedroom fully remodeled just prior to current tenant move-in. Two bedroom remodeled prior to last tenant move-in around 2021. Washer and Dryer connections in Four Bedroom. Duplex is located at the end of long street so little traffic!

Own it with far less cash down than a conventional purchase. 100% ownership, rights at 40% purchase price of expected appraised value. Not fractional ownership! You get all the ownership benefits and appreciation at a smaller entry price with Optimized Ownership which has been around for 50 years!!

Optimized ownership structure with a low down payment and real flexibility.

The list price is your Ownership Interest in the home. The seller holds most of the home's cost, so you don't finance or buy that part. Instead, you pay a monthly fee on it, and you can buy it out anytime at a price set at closing, or never. Sell anytime.

Conventional, FHA, VA, and USDA financing accepted.

Financing fee: $906 monthly plus your mortgage, if any. Much less than conventional payment on the same home with less cash in. Down payment is set by your mortgage, as little as $0 down.

Estimates; final terms set at closing
Explore the locationMore properties in Crosby

THE NEIGHBORHOOD

Explore the location.

639 Saint Charles, Crosby, TX 77532

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Map position comes from the listing source. Open directions in Google Maps

THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1960
Full baths
3
Half baths
0
Garage spaces
0
Cooling
Central Air
Heating
Central
Appliances
Gas Range, Range, Free-Standing Refrigerator
Flooring
Laminate
Fencing
None
Accessibility
None
Subdivision
St Charles Place Sec 01
Parcel
639 E Saint Charles Dr
Elementary school
Crosby (Crosby)
Middle school
Outside School District
High school
Outside School District
Annual property tax
$3,515.33

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase—
Estimated monthly rent$999.58
Cap rate—

Annual operating income: —

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Your property and current assumptions will be included for our team to review.

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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639 Saint Charles, Crosby, TX 77532 · MLS #ACT4536986

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Property inquiries go to help@erabrokers.com.

Listing information

MLS #ACT4536986 · Austin Board of Realtors

Listing brokerage: BMJ Realty Group
Listing agent: Melinda Jackson

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.