$179,000 Last Listed Price
●
House -
Off Market
427 W 1st Street
Freeport, TX 77541
3 Beds
2 Baths
1,300 Ft²
$181,075
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model
About This Property
With over a 100 years of charm, this 1918 home has been completely
remodeled and brought back to life. This 3 bedroom, 2 bathroom home
showcases 1300 sqft, an open floor plan, and sits on a corner lot!
This home comes equipped with a large front porch and back covered
area with lots of concrete. Upon entry take note of the vinyl
flooring in all the main areas, great size bedrooms, and a kitchen
fit for a chef. Swing by today for your chance to see this perfect
starter home, it surely won't last!
Unit Size
1,300 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$138
Property Type
House
Property Taxes
$172
HOA Dues
-
Year Built
1918
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 5 months ago (HAR #62581778)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 14, 2026 | Sold | ||
| Sold | |||
| Apr 21, 2026 | In contract | - | |
| In contract | |||
| Apr 14, 2026 | Price Decreased |
$169,000
↓ $10K
(5.6%) | |
| Price Decreased | |||
| Feb 19, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Feb 18, 2026 | Listed by Real Broker, LLC | $179,000 | |
| Listed by Real Broker, LLC | |||
   | |||
|
***Agent is Owner*** Welcome home to 427 W. 1st Street! Built in 1918 and thoughtfully remodeled, this charming home perfectly blends historic character with modern updates. Step inside to find luxury vinyl plank flooring, granite countertops, double-pane windows, and elegant crown molding. The inviting front porch sets the tone, leading into a spacious, well-designed floor plan. All three bedrooms are conveniently located on one side of the home, while the open-concept living room, dining area, and large kitchen with a breakfast bar create a seamless flow. The dedicated laundry room provides easy access to the oversized covered patio and rear driveway—perfect for entertaining or relaxing outdoors. Situated just one block from the Brazos River, this home offers small-town charm with everyday conveniences nearby, including local restaurants, grocery stores, and hardware shops. Modern comfort meets timeless appeal—schedule your showing today!
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Freeport
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Listed by: Meaghan Arceneaux, Mega Realty
Last Updated: 5 months ago
Data Source: HAR , MLS# 62581778
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Last Updated: 5 months ago
Data Source: HAR , MLS# 62581778
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