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$4,450,000   Price Analysis
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5716 Pickfair St
Houston, TX 77026
2 bed 1 bath 34,148 SqFt ($130/SqFt)
2.25 acre lot. Built 1965
Listed 2024-04-29, HOA $140, Taxes $3,867
Ⓧ USDA Ineligible
due to price & location

near Houston

Welcome to Ashwood at 610 Condominiums!

Comprised of 44 detached units with the same 2-bedroom, 1-bathroom floor plan, this complex presents a lucrative opportunity for real estate investors wishing to expand their portfolios. In addition to its close proximity to downtown, six of the units have undergone extensive remodeling, featuring upgraded plumbing and electrical, LVP flooring, in-unit washer and dryer hookups and a newly de signed kitchen space to maximize functionality and further increase appeal for potential tenants.

All units range between approximately 768-780 sq ft. These condos serve as income-producing rental properties with both short and long-term leases. Please contact a listing agent for which units are currently tenant-occupied. Seller is open to selling units in bundles based on individual lts, offering flexibility to investors who want to take advantage of this unique opportunity without committing to a large-scale acquisition of 44 units.


Presented by Bryan Vanas at
Happen Houston.


Property MLS #28604892 from Houston

Bedrooms: 2

Total Bathrooms: 1
Full Bathrooms: 1

Cooling Features: Window Units
Heating Features: Window Unit

Lot Size Acres: 2.2451792
Lot Size Source: Appraisal District
Lot Size Square Feet: 97800

Association: Yes
Association Fee: 1680
Association Fee Frequency: Annually
Association Fee Includes: Insurance, Trash Removal, Water and Sewer
Calculated Total Monthly Association Fees: 140
Maintenance Description: Insurance, Trash Removal, Water and Sewer

Elementary School: KASHMERE GARDENS ELEMENTARY SCHOOL
High School: KASHMERE HIGH SCHOOL
Middle School: KEY MIDDLE SCHOOL
School District: 27 - Houston

Kashmere Gardens Elementary School is a public elementary school located approximately 0.5 miles away.
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Key Middle School is a public middle school located approximately 0.7 miles away.
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Kashmere High School is a public high school located approximately 0.8 miles away.
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St Francis of Assisi School is a private elementary and middle school located approximately 0.6 miles away.
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Existing Lease Type: 1 Year, 6 Month

Number of Units: 1
Bedrooms in Unit-1: 2
Unit-1 Description: Bedroom 1 Dimensions: 12x12, Bedroom 2 Dimensions: 12x12, Bedroom 3 Dimensions: 8x6

Source Listing Status: Active
County: Harris
Directions: Take Exit 21 from N Loop E Fwy toward Lockwood Dr. Turn right onto Pickfair St. Drive appx 800 ft and property is on your right.
Tax Year: 2023
Source Property Type: Multi-Family
Area: 2
Source Neighborhood: Kashmere Gardens Park
Parcel Number: 065-129-072-0680
Postal Code Plus 4: 1861
Subdivision: Kashmere Gardens Park
Property Subtype: Multiple Detached Dwellings
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$130,648 + $45,000
$175,648
$3,867
2021$143,291 + $45,000
$188,291
$4,388
2020$136,997 + $45,000
$181,997
$4,366
2019$138,709 + $24,750
$163,459
$3,958
2018$118,901 + $24,750
$143,651
$3,635
2017$75,500 + $22,500
$98,000
$2,475
2016$66,288 + $22,500
$88,788
$2,245
2015$79,521 + $37,500
$117,021
$2,966
2014$75,436 + $10,500
$85,936
$2,209
2013$64,500 + $10,500
$75,000
$1,919
2012$unknown + $unknown
$45,500
$1,258
2011$unknown + $unknown
$107,742
$2,725
2010$unknown + $unknown
$79,307
$1,281
2009$unknown + $unknown
$79,752
$2,202
2008$unknown + $unknown
$83,074
$1,340
2007$unknown + $unknown
$83,195
$528

Listed 2024-04-29
$4,450,000
Houston

Total Square Feet Living: 34148
Year Built: 1965
Levels: 1
Living Area Source: Appraisal District
Property Age: 59
Roof: Composition
Levels or Stories: 1

Utilities: Electric, Gas, Water
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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.