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 expans ion.

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

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on 511 Gulf Bank Rd Unit 5
in Houston, TX
Presented by Rafael H Perez at
FATHOM REALTY .


Property MLS #56432460 from Houston

+ Reveal additional info including schools and tax history

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+ Bedrooms

Bedrooms: 3

+ Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2

+ Heating and Cooling

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

+ Land Info

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

+ Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

+ School Information

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
+ Display Complete School Details

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

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

Aldine High School is a public high school located approximately 2.2 miles away.
Map directions

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

+ Multi-Unit Info

Number of Units: 7

+ Other Property Info

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
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2022	$174152 + $188078 $362230	$7416
2021	$151934 + $112847 $264781	$5700
2020	$143184 + $112847 $256031	$5588
2019	$130044 + $112847 $242891	$5517
2018	$120305 + $151464 $271769	$6465
2017	$118579 + $151464 $270043	$6255
2016	$118998 + $151464 $270462	$6129
2015	$120473 + $145509 $265982	$5929
2014	$95610 + $145509 $241119	$5376
2013	$94052 + $66141 $160193	$3617
2012	$unknown + $unknown $115658	$2915
2011	$unknown + $unknown $113644	$2597
2010	$unknown + $unknown $108900	$2609
2009	$unknown + $unknown $107753	$1174
2008	$unknown + $unknown $95308	$2267
2007	$unknown + $unknown $134673	$990

+ Reveal Property Sale History

Listed 2023-04-20
$1800000
Houston

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Sold 2014-01-09
$0
Public Record

+ Commercial Info

Operating Expense Includes: RealEstateTax

+ Building and Construction

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