NOT LISTED FOR SALE

Estimated Value: $389,120 - $456,000

3 Beds
2 Baths
2,700 Sq Ft
$157/Sq Ft Est. Value

Last Sold May 03, 2023

Current estimated payment $2,745/month

199 Days on Market

Highlights

  • Under Construction
  • 1-Story Property
  • Central Heating and Cooling System
  • Quartz Countertops

About This Home

As of May 2023

This brand new duplex that offers TWO 3 Bedrooms 2 bathrooms units each side is is 1353 sq ft. Everything is brand new. There is a nice back yard to host barbecues for your friends and family and for your pets to play. This is a great opportunity for an investor to have two rental incomes, or consider living in one side and leasing the other doing his could pay for nearly half the mortgage and offers great tax savings. No HOA fees. This area is quickly changing with new builds and developments all around. Now is a great time to buy during the areas transition. Located close to Hwy 249 and Int 45. Professional photos to be posted at building completion. Investors, please see attachment for projected income statement.

Last Agent to Sell the Property

Tracy Garrido

HomeSmart License #0703518 Listed on: 08/25/2022

HomeSmart

Co-Listed By

Gaston Garrido

HomeSmart License #0732750

Last Buyer's Agent

Brandie Warren

Exclusive Prime Realty, LLC License #0710534

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,086

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • 6,840 Sq Ft Lot
  • Cleared Lot

Home Design

  • Duplex
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 2,700 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring

Kitchen

  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Paved Parking

Schools

  • Osborne Elementary School
  • Williams Middle School
  • Washington High School

Utilities

  • Central Heating and Cooling System

Community Details

  • 2 Units
  • Built by Risher/ Bennett
  • Lincoln City Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,086

Year Built

Built in 2022 | Under Construction

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Year Built: 2022
  • Co List Office Mls Id: CREG01
  • Co List Office Phone: 713-785-6666
  • Subdivision Name: LINCOLN CITY
  • Unit Levels: One
  • New Construction: Yes
  • Property Sub Type Additional: Duplex
  • UniversalParcelId: urn:reso:upi:2.0:US:48201:071-090-062-0093
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Laminate
  • Interior Amenities: Quartz Counters
  • Living Area: 2700.0
  • ResoLivingAreaSource: Builder

Exterior Features

  • Builder Name: Risher/ Bennett
  • Disclosures: None
  • Roof: Composition
  • Lot Features: Cleared
  • Construction Type: Cement Siding
  • Property Condition: Under Construction

Garage/Parking

  • Parking Features: Paved

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Schools

  • Elementary School: OSBORNE ELEMENTARY SCHOOL
  • Junior High Dist: 27 - Houston
  • High School: WASHINGTON HIGH SCHOOL
  • Middle Or Junior School: WILLIAMS MIDDLE SCHOOL

Lot Info

  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2022
Closed on
May 3, 2023
Sold by
Bennett Dream Investment Enterprise Llc and Risher Larry
Bought by
Frederick Krystle
Seller's Agent
Tracy Garrido
HomeSmart
Buyer's Agent
Brandie Warren
Exclusive Prime Realty, LLC
List Price
$475,000
Views
73
Current Estimated Value
$423,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.02%
Original Mortgage
$427,121
Outstanding Balance
$415,309
Interest Rate
6.42%
Mortgage Type
FHA
Estimated Equity
$8,471

Purchase Details

Closed on
Dec 14, 2021
Sold by
Richardson Robin L and Richardson John Earl
Bought by
Benneth Dream Investment Enterprise Llc

Purchase Details

Closed on
Jun 26, 2003
Sold by
Johnson Irene Rockins
Bought by
Jones Andre Pierre and Jones Sandra Kaye

Purchase Details

Closed on
Oct 5, 2002
Sold by
Johnson Irene
Bought by
Priority Investments Lp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Frederick Krystle -- None Listed On Document
Benneth Dream Investment Enterprise Llc -- Patriot Title Sw
Jones Andre Pierre -- --
Priority Investments Lp $4,395 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frederick Krystle $427,121
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2023 05/03/23 Sold -- -- --
03/12/2023 03/12/23 Pending -- -- --
08/25/2022 08/25/22 For Sale $475,000 -- $176 / Sq Ft
Source: Houston Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,086 $395,898 $73,047 $322,851
2024 $6,086 $414,742 $73,047 $341,695
2023 $6,086 $398,489 $73,047 $325,442
2022 $1,255 $57,012 $57,012 $0
2021 $872 $37,414 $37,414 $0
2020 $777 $32,070 $32,070 $0
2019 $721 $28,506 $28,506 $0
2018 $406 $16,035 $16,035 $0
2017 $270 $10,690 $10,690 $0
2016 $270 $10,690 $10,690 $0
2015 $278 $10,796 $10,796 $0
2014 $278 $10,796 $10,796 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 62355691

Houston Association of REALTORS®

APN: 0710900620093