Bankruptcy Auction – Income Producing Residential Home

Bankruptcy Auction! Ordered by the U.S. Bankruptcy Court, Southern District of Texas.

Nestled in a serene neighborhood near Broadway St, this charming single-story residence boasts 1,475 SF with 3 bedrooms and 2 bathrooms. Featuring a spacious kitchen, a cozy living room addition, and tile floors throughout, this home offers comfort and convenience. Complete with a two-car detached garage, this property is currently leased for $1,350 a month on a month-to-month basis. Built in 1962, this home provides a tranquil retreat for its occupants.


Tranzon Asset Advisors of Texas, LLC, #9008058, Kelly D. Toney, TX Auctioneer #11818, Broker #0421809
Kelly Toney, Tranzon Asset Advisors, Court Appointed Auctioneer for the U.S. Bankruptcy Court, Southern District of Texas, Case No. #24-31454
6% Buyers Premium and other terms apply
Online bidding ends October 9th at 2:00 pm CT
Inspection: October 2nd at 1:00pm CT
Property Address: 727 S. Iowa Street, LaPorte, Texas 77571

Contact Kelly Toney at 888-791-7307 ext. 808 or [email protected]

Come home to this beautiful 3BR 2 BA ranch home recently built in 2021 in Meadow Estates! Quality construction boasts an open concept floor plan. Large attached & insulated 3-car garage with hot & cold water and a gas line for future heated capabilities, and an extra access stairway to the basement. Kitchen highlights include a lighted pantry, pull-out shelves with a modern tile back-splash, and under cabinet lighting. Huge stack stone gas fireplace in the LR. Main floor mudroom/laundry w/bench. Master suite with huge walk in closet and its own Master Bathroom. Lower level w/egress, water softener, and stubbed for a future bathroom. Expanded 20x14 concrete patio to enjoy and entertain. Gutter drains are buried to drain underground. Broker is related to seller.