$800,000 Price Analysis    ♡   Houston, TX 77026 2 bed 1 bath 4,832 SqFt ($165/SqFt) 7,448SqFt lot. Built 1964 Listed 2024-07-19, Taxes $9,382 | Ⓧ USDA Ineligible due to price & location near Houston |
This freshly remodeled apartment building offers a fantastic investment opportunity
Situated in an opportunity zone. The property features 8 units, with 4 two-bedroom units and 4 one-bedroom units. The seller is actively working to fill the vacancies and the buil ding is nearly complete, with 2 units left to be remodeled. These remaining units will be started in 2 weeks, ensuring a quick turnaround. Rent was recently increased at the beginning of this month for the current tenants, enhancing the revenue potential.
One-bedroom units rent for $800 and two-bedroom units rent for $1000. If fully rented, the complex could generate $7, 200 in monthly income. With significant interest already in the property, the landlord is committed to securing long-term, quality tenants for the next owner. This means you can step in with confidence, knowing that your investment is set up for success. Don't miss out on the chance to own a fully remodeled, incom-generating property.
Presented by Miriam Reyes at
Texas Prominent Realty, Inc.
Property MLS #92939720 from Houston
Full Bathrooms: 1
CeilingFans
Flooring: Tile
Heating Features: Central, Gas
Heating: Yes
Lot Size Acres: 0.1709826
Lot Size Source: Appraiser
Lot Size Square Feet: 7448
Calculated Total Monthly Association Fees: 0
Elementary School District: 27 - Houston
High School: WHEATLEY HIGH SCHOOL
High School District: 27 - Houston
Middle School: FLEMING MIDDLE SCHOOL
Middle or Junior School District: 27 - Houston
Map directions Map directions Map directions Map directionsSource Listing Status: Active
County: Harris
Directions: IH-69 S, exit toward Collingsworth St, left on Collingsworth St, left on Easter Freeway Frontage Rd, right on Crane St
Tax Year: 2023
Source Property Type: Residential
Area: 2
MLS Area Minor: Northside
Source Neighborhood: Crane Street Woods Sec 02
Parcel Number: 070-107-001-0007
Postal City: Houston
Postal Code Plus 4: 3766
Public Survey Section: 2
Subdivision: Crane Street Woods Sec 02
Property Subtype: MultiFamily
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $373,967 + $52,136 $426,103 | $9,382 |
| 2021 | $341,568 + $37,240 $378,808 | $8,828 |
| 2020 | $309,944 + $22,344 $332,288 | $7,972 |
| 2019 | $277,410 + $26,068 $303,478 | $7,348 |
| 2018 | $127,656 + $22,344 $150,000 | $3,795 |
| 2017 | $215,480 + $18,620 $234,100 | $5,914 |
| 2016 | $216,112 + $18,620 $234,732 | $5,935 |
| 2015 | $220,722 + $18,620 $239,342 | $6,067 |
| 2014 | $183,732 + $7,448 $191,180 | $4,914 |
| 2013 | $178,554 + $7,448 $186,002 | $4,759 |
| 2012 | $unknown + $unknown $177,512 | $4,909 |
| 2011 | $unknown + $unknown $168,978 | $4,273 |
| 2010 | $unknown + $unknown $160,000 | $4,424 |
| 2009 | $unknown + $unknown $175,961 | $2,834 |
| 2008 | $unknown + $unknown $187,142 | $3,019 |
| 2007 | $unknown + $unknown $187,142 | $1,189 |
$800,000
Houston
Sold 2024-04-18
$0
Public Record
Sold 2024-04-16
$0
Public Record
Listing removed 2022-10-01
$730,000
Houston
Relisted 2022-08-02
$730,000
Houston
Listing removed 2022-08-01
$730,000
Houston
Listed 2022-01-24
$730,000
Houston
Listing removed 2019-05-08
$625
Houston
Price Changed for rent 2019-04-04
$625
Houston
Price Changed for rent 2019-02-21
$675
Houston
Listed for rent 2019-01-17
$725
Houston
Sold 2018-12-28
$0
Houston
Listing removed 2018-10-07
$850
Houston
Price Changed 2018-09-04
$575,000
Houston
Listed 2017-12-09
$599,000
Houston
Listing removed 2017-10-10
$850
Houston
Listed for rent 2017-10-06
$850
Houston
Listing removed 2017-09-08
$850
Houston
Listed for rent 2017-08-11
$850
Houston
Sold 2017-03-10
$0
Public Record
Sold 2004-07-06
$0
Public Record
Year Built: 1964
Building Area Total: 4832
Construction Materials: Brick
Levels: Two
Living Area Source: Appraiser
Property Age: 60
Roof: Composition
Levels or Stories: 2
Year Built Source: PublicRecords
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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.