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5 Beds
2 Baths
1,948 sqft

$189,500

1214 W 5th Street, Freeport TX, 77541

Price per sqft$97.28
Built in1940
Property size1,948 sqft
Property typeResidential

Overview

Active

Listed Mar 9, 2026

Updated Aug 5

Excellent investment opportunity! This recently remodeled property features two separate homes, both currently leased and producing rental income—an ideal addition for investors looking to start or expand their rental portfolio. The front home offers 3 bedrooms and 1 bath with fresh interior and exterior paint, a spacious living room, a separate dining area open to the kitchen, granite countertops, tiled backsplash, and a beautifully updated stand-up shower with glass doors. The bedrooms feature new flooring, creating a fresh, modern feel throughout. The detached rear home is a fully updated 2-bedroom, 1-bath residence complete with a full kitchen, cozy living and dining area, and a stand-up shower with handrails. Both homes are equipped with energy-efficient mini-split systems for year-round comfort. With two income-producing units already occupied by tenants, this turnkey investment offers immediate cash flow and an excellent opportunity for both new and seasoned investors.

$1,261/mo

Est. mortgage payment based on a $189,500 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
37544410

Interior Features

Bedrooms
5
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.16 Acres

Other Property Details

Taxes
$2,678
Tax Frequency
Annually
MLS provider logo

 

Courtesy of Greg Flaniken & Associates, Marisol Diaz 

Based on information from the Houston Association of REALTORS as of 8/5/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Data last updated 2:21 AM UTC, 8/5/2026

 

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