Stand by
USDAProperties.com is playing suspenseful music......

 

 

 

$1,800,000   Price Analysis
USDAProperties Agent Contact Page  Agent Details  share icon     map icon  QR
511 Gulf Bank Rd Unit 5
Houston, TX 77037
3 bed 2 bath 5,800 SqFt ($310/SqFt)
4.51 acre lot. Built 1960
Listed 2023-04-20, Taxes $7,416
Ⓧ USDA Ineligible
due to price & location

near Houston

This commercial property at 511 Gulf Bank offers a fantastic opportunity for investors looking to capitalize on a current cash flow and the potential for future expansion.

Situated on over 4.5 acres, this prime location is ideal for constructing a commercial building. With a price tag f $1, 800, 000, this multi-family property boasts multiple detached dwellings and spans across 5, 800 square feet.

Built in 1960, the property also offers ample space with its expansive lot size of 196, 590 square feet. Don't miss out on this remarkable chance to own a profitable commercial property in a sought-after area.


Presented by Rafael H Perez at
FATHOM REALTY .
Listing Agent Photo

Property MLS #56432460 from Houston

Bedrooms: 3

Total Bathrooms: 2
Full Bathrooms: 2

Cooling Features: CentralAir, Electric, WindowUnits
Heating Features: Central, Electric, Gas, WindowUnit
Heating: Yes

Lot Size Acres: 4.5130854
Lot Size Source: Appraiser
Lot Size Square Feet: 196590

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: RAYMOND ACADEMY
Elementary School District: 1 - Aldine
High School: ALDINE HIGH SCHOOL
High School District: 1 - Aldine
Middle School: GRANTHAM ACADEMY
Middle or Junior School District: 1 - Aldine

Grantham Academy is a public middle school located approximately 1.8 miles away.
directions icon Map directions

Raymond Academy is a public elementary school located approximately 2 miles away.
directions icon Map directions

Aldine High School is a public high school located approximately 2.3 miles away.
directions icon Map directions

Right Way Christian Academy is a private elementary, middle and high school located approximately 0.8 miles away.
directions icon Map directions

Number of Units: 7

Annual Tax Amount: 7416
Source Listing Status: Active
County: Harris
Directions: From Hardy Toll road take Gulf Bank going West property will be on right hand side
Tax Year: 2022
Source Property Type: Residential
Area: 34
MLS Area Minor: Aldine Area
Source Neighborhood: Hill W L
Parcel Number: 055-228-066-0001
Postal City: Houston
Postal Code Plus 4: 2435
Subdivision: Hill W L
Property Subtype: Detached
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$174,152 + $188,078
$362,230
$7,416
2021$151,934 + $112,847
$264,781
$5,700
2020$143,184 + $112,847
$256,031
$5,588
2019$130,044 + $112,847
$242,891
$5,517
2018$120,305 + $151,464
$271,769
$6,465
2017$118,579 + $151,464
$270,043
$6,255
2016$118,998 + $151,464
$270,462
$6,129
2015$120,473 + $145,509
$265,982
$5,929
2014$95,610 + $145,509
$241,119
$5,376
2013$94,052 + $66,141
$160,193
$3,617
2012$unknown + $unknown
$115,658
$2,915
2011$unknown + $unknown
$113,644
$2,597
2010$unknown + $unknown
$108,900
$2,609
2009$unknown + $unknown
$107,753
$1,174
2008$unknown + $unknown
$95,308
$2,267
2007$unknown + $unknown
$134,673
$990

Listed 2023-04-20
$1,800,000
Houston
Sold 2014-01-09
$0
Public Record

Operating Expense Includes: RealEstateTax

Total Square Feet Living: 5800
Year Built: 1960
Building Area Total: 5800
Levels: One
Living Area Source: Owner
Property Age: 64
Roof: Composition
Levels or Stories: 1
Year Built Source: PublicRecords
Click Thumbnail Images To View Full Size
unknownunknownunknownunknownunknown
unknownunknownunknownunknownunknown
unknownunknownunknownunknownunknown
unknownunknownunknownunknownunknown
road_viewroad_viewyardhouse_viewhouse_view
house_viewhouse_viewunknownhouse_viewhouse_view
house_viewunknownroad_viewhouse_view

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.