135 Emerald Dr, Clute, TX 77531
OFF MARKET

135 Emerald Dr
Clute, TX 77531

  • 9 Beds
  • 6 Baths
  • 20,000 sqft (on 1.30 acres)
9 Beds
6 Baths
20,000 sqft
(on 1.30 acres)

Local Information

Map showing home location
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-- mins to
Commute Destination

Description

RENTS ARE GOIN UP, UP, UP, SO WE HAVE INCREASED PRICE TO REFLECT THE NEW RENTS.


ONE OF THE TWO PARTNERS IS WILLING TO SELL THEIR HALF OF THE PROPERTY FOR $550,000;

THE 12% CAP RATE IS BASED ON FULL SALE AT $1,400,000 SALES PRICE
UPDATED & 100% OCCUPIED, WITH A WAITING LIST. THIS PROPERTY IS A MONEY MAKER FOR ANY INVESTOR. LOCATED IN THE SHADE OF CLUTE PARK & ACROSS THE STREET FROM CLUTE'S NEW RECREATION CENTER, THIS PROPERTY IS JUST WHAT TENANTS ARE LOOKING FOR. IT HAS A WAITING LIST.PROPERTY FEATURES (4)2 BDRM 1 BTH,(16)3 BDRM 1.5 BTH UNITS- ALL WITH CH/A & INSIDE WASHER AND DRYER HOOK UPS! RECENT ROOFS (WINDSTORM CERTIFIED)16UNITS COMPLETELY REMODELED THIS PAST YEAR W/NEW KITCHEN CABINETS,COUNTERTOPS,FLOORING,CARPET,NEW BATHROOMS & FRESH PAINT.RENTS HAVE BEEN BROUGHT UP BUT STILL HAVE A LOT OF ROOM TO RISE. CURRENT INCOME IS OVER $16,850 A MONTH AND GOING UP. PROPERTY IS PERFECT FOR INCOMING PLANT WORKERS AS IT IS ONLY BLOCKS TO WORK & ONLY A BLOCK FROM SHOOLS/SHOPPING FOR FAMILY


20 INDIVIDUAL TAX LOTS THAT CAN BE SPLIT OUT LATER AND SOLD AS INDIVIDUAL TOWN HOMES IF DESIRED

No Broker fees, FOR SALE BY OWNER

DONT SEND LOI OR ASK TO RESALE THIS GO LOOK THEN CALL. THANKS


Monthly Rents $16,850.00
Annual Rents $202,200.00
Annual Management Fee $20,220.00
Insurance Texas Windstorm $4,040.00
Insurance fire and Liability $4,000.00
Taxes $15,000.00
Net Income $162,940.00
Sales Price $1,400,000.00

Cap Rate 0.12


CURRENT RENT ROLLS: BELOW
Unit # Rent Amount as of 8/1/2014
1 $750.00
2 $900.00
3 $900.00
4 $750.00
5 $850.00
6 $850.00
7 $750.00
8 $900.00
9 $750.00
10 $750.00
11 $800.00
12 $1,100.00
13 $750.00
14 $900.00
15 $800.00
16 $850.00
17 $900.00
18 $1,100.00
19 $750.00
20 $750.00

Total Monthly Rents $16,850.00
BY END OF YEAR ALL 3 BEDROOMS WILL BE $1,100 AND 2 BEDROOMS WILL BE $900


http://www.loopnet.com/xNet/MainSite/Listing/Profile/Profile.aspx?LID=18570520&SRID=4515011461&StepID=101


This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
No Info

Home Details for 135 Emerald Dr

Interior Features

Heating & Cooling
Heating: Forced Air, ElectricAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Tile, Carpet, Linoleum Vinyl
Interior Details
Additional StorageTypes of Rooms: Dining Room, Family Room, Laundry RoomStorageCeiling Fan
Appliances & Utilities
Cable ReadyDishwasherDisposalRefrigerator

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: BrickFoundation Type: SlabLawn
Parking & Garage
Parking: Off Street

Property Information

Year Built
Year Built: 1963Year Updated: 2014
Property Type / Style
Property Type: Multi FamilyArchitecture: Ranch / Rambler

Community

Units in Building: 20

Lot Information

Lot Area: 1.30 acres
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Property Tax and Assessment

Year2025
Tax$1,610
Assessment$83,739
Home facts updated by county records

Comparable Sales for 135 Emerald Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1715-17-17 W 4th St, Freeport, TX
5.29
Multi-Family Home
-
07/02/25
5
872
1736 Lynn Ln, Freeport, TX
5.34
Multi-Family Home
-
10/10/25
2
1
1,660
1727-1729 W 8th St, Freeport, TX
5.47
Multi-Family Home
-
09/23/25
10
1,848
Home facts updated by county records

Assigned Schools

These are the assigned schools for 135 Emerald Dr.
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What Locals Say about Clute

At least 73 Trulia users voted on each feature.

  • 83 % Say car is needed

  • 77 % Say parking is easy

  • 76 % Say yards are well-kept

  • 71 % Say kids play outside

  • 71 % Say it's dog friendly

  • 68 % Say there's holiday spirit

  • 54 % Say it's walkable to grocery stores

  • 54 % Say there are sidewalks

  • 53 % Say people would walk alone at night

  • 52 % Say they plan to stay for at least 5 years

  • 51 % Say it's quiet

  • 39 % Say neighbors are friendly

  • 39 % Say streets are well-lit

  • 38 % Say there's wildlife

  • 31 % Say it's walkable to restaurants

  • 29 % Say there are community events

Learn more about our methodology.
  • Jeannie Nysten
    "Private, small neighborhood with friendly neighbors. Close enough to downtown to walk. Convenient to laundromat , local food store and library. "
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  • Jeannie Nysten
    "I do see people walking their dogs quite a bit, but I also hear people’s dogs barking at night. To my knowledge there are no dog parks here."
    0
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  • Cmtyree9
    "Not a lot of traffic in the area so it’s easier to walk the dogs without worrying about cars. Most owners pick up after their dogs."
    0
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  • Donnovan H.
    "quiet place. friendly quite pleasing in terms of people and the quietness, short drive to the mall and other shopping centers "
    0
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  • Mandie
    "It is a great area to raise a family. There are lots of parks and recreation areas. The Beach is just a 15 minute drive!"
    2
    Flag
  • Stephanie A. G.
    "Quiet neighborhood. Everyone keeps to themselves but are friendly as well. I love to live here because it is peaceful for my family."
    2
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  • Lyndagoode
    "Yes it’s a wonderful neighborhood where neighbors are friends and we are always having special events- "
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Apartments for Rent

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Homes for sale near 135 Emerald Dr

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Homes for rent near 135 Emerald Dr

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Off Market Homes Near 135 Emerald Dr

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135 Emerald Dr, Clute, TX 77531 is a 9 bedroom, 6 bathroom, 20,000 sqft multi-family built in 1963. This property is not currently available for sale.