$539,000 Price Analysis    ♡   Houston, TX 77011 4 bed 2 bath 3,050 SqFt ($176/SqFt) 7,500SqFt lot. Built 2004 Listed 2024-01-08, Taxes $9,618 | Ⓧ USDA Ineligible due to location near Houston |
Welcome to an exceptional investment opportunity in the heart of Magnolia Park
Houston! This property presents two well-maintained duplexes nestled on a vast 7500 sqft lot, providing an ideal investment for those seeking a steady income stream. Currently fully occupied, each duplex offers two comfortable 2-bedroom, 1-bath apartments, with a monthly lease rate of $800 per unit. Strategically situated east of downtown Houston, this property is minutes from the University of Houston and Texas Southern University as well as popular downtown destinations, offering residents a plethora of entertainment, dining and cultural options.
This property represents a solid investment opportunity in a prime location with strong rental demand. Don't miss the chance to add this income-generating property to your portfolio and capitalize on the thriving rel estate market in Magnolia Park, Houston. Schedule a viewing today to experience the potential and value this investment holds.
Presented by Kathleen Luna at
Exp Realty LLC.
Property MLS #65580253 from Houston
Full Bathrooms: 2
Heating Features: Central, Electric
Heating: Yes
Lot Size Source: Appraiser
Lot Size Square Feet: 7500
Parking Features: Paved
Calculated Total Monthly Association Fees: 0
Elementary School District: 27 - Houston
High School: AUSTIN HIGH SCHOOL (HOUSTON)
High School District: 27 - Houston
Middle School: EDISON MIDDLE SCHOOL
Middle or Junior School District: 27 - Houston
Map directions Map directions Map directions Map directionsSource Listing Status: Active
County: Harris
Directions: Turn left or exit onto US-90 from 1-45, continue straight for 2 miles, turn right onto Avenue H, in 0.2 miles the property will be on your left.
Tax Year: 2023
Source Property Type: Residential
Area: 4
MLS Area Minor: East End Revitalized
Source Neighborhood: Central Park
Parcel Number: 039-040-000-0018
Postal City: Houston
Postal Code Plus 4: 2651
Public Survey Section: 1420
Subdivision: Central Park
Property Subtype: Quadruplex
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $308,965 + $100,000 $408,965 | $9,618 |
| 2021 | $270,483 + $78,125 $348,608 | $8,124 |
| 2020 | $291,639 + $62,500 $354,139 | $9,028 |
| 2019 | $313,015 + $50,000 $363,015 | $9,335 |
| 2018 | $224,641 + $31,250 $255,891 | $6,859 |
| 2017 | $224,641 + $31,250 $255,891 | $6,848 |
| 2016 | $142,500 + $37,500 $180,000 | $4,821 |
| 2015 | $142,500 + $37,500 $180,000 | $4,833 |
| 2014 | $126,820 + $37,500 $164,320 | $4,224 |
| 2013 | $126,820 + $37,500 $164,320 | $4,204 |
| 2012 | $unknown + $unknown $164,320 | $4,544 |
| 2011 | $unknown + $unknown $164,320 | $4,156 |
| 2010 | $unknown + $unknown $226,324 | $3,656 |
| 2009 | $unknown + $unknown $25,000 | $402 |
| 2008 | $unknown + $unknown $25,000 | $691 |
| 2007 | $unknown + $unknown $25,000 | $158 |
$539,000
Houston
Listed 2024-01-08
$585,000
Houston
Listing removed 2024-01-01
$595,000
Houston
Listed 2023-09-25
$595,000
Houston
Year Built: 2004
Building Area Total: 3050
Levels: One
Living Area Source: Appraiser
Property Age: 20
Roof: Shingle, Wood
Levels or Stories: 1
Year Built Source: PublicRecords
Architectural Style: Fourplex
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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.