1423 Prosperity Street
About This Property
Discover an exceptional investment opportunity facing S Hwy 59 in the heart of El Campo. Situated on a generous 0.5739-acre corner lot, this property features two mobile homes, each offering 3 bedrooms and 2 bathrooms-a rare find that maximizes rental potential. Homes are eady for upgrades.
Both homes have received a new roof, giving future tenants comfort and peace of mind while reducing maintenance concerns for the owner. With both units expected to be rented soon, this property offers immediate investment potential.
Located just minutes from restaurants, shopping, schools, and everyday conveniences, the setting is ideal for tenants seeking accessibility and comfort. Property can be used as residential or business.
Call listing agent or your Real Estate Agent for a showing. 24hour notice is required. Please conduct your due diligence on lot and home measurements as well as local restrictions.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 26, 2026 | Price Increased |
$265,000
↑ $15K
(6%) | |
| Price Increased | |||
| Mar 18, 2026 | Listed by Jennifer Hernandez | $250,000 | |
| Listed by Jennifer Hernandez | |||
| Jan 1, 2026 | No longer available | - | |
| No longer available | |||
| Oct 29, 2024 | Listed by Aero Realty, LLC | $280,000 | |
| Listed by Aero Realty, LLC | |||
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LOCATION, LOCATION!!! THIS PROPERTY HAVE 2 MOBILE HOME IS LOCATE IN VALLEJO SUBDIVISION, PERFECT FOR INVESTORS.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017