C
Seller's Agent in 2022
Chris Bounds
eXp Realty LLC
(713) 598-3828
1 in this area
24 Total Sales
Estimated Value: $347,301 - $363,000
Add this 4-plex to your rental portfolio! The home is a 2 bed / 1 bath with three 1 bed / 1 bath garage apartments. The house rents for $1,100 and the garage units are $750, $750, $725 - for a combined $3,325 gross rent. Tenants are currently on month-to-month leases. The house and garage have separate electric meters. The house tenant pays electric and owner pays electric for garage units plus all water & gas, about $575/mo. There is opportunity to bill back utility costs to the tenants to increase cash flow and bring projected IRR to over 15%. Or set it up as a short-term rental for even more revenue. Total sqft is estimated with each apartment about 400sqft. Update: two garage units became available in February and are pending make-ready for leasing.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hess Aaron | -- | Riverway Title | |
| Taghizadeh Andrew | -- | None Listed On Document | |
| Marston Hyrum | -- | None Available | |
| Batagower David | -- | -- | |
| Ayala Dario Arturo | -- | None Available | |
| Soto Alfredo | -- | North American Title Co |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Taghizadeh Andrew | $325,986 | |
| Previous Owner | Marston Hyrum | $191,000 | |
| Previous Owner | Batagower David | $152,000 | |
| Previous Owner | Batagower David | -- | |
| Previous Owner | Ayala Dario Arturo | $155,000 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/30/2022 03/30/22 | Sold | -- | -- | -- |
| 02/16/2022 02/16/22 | Pending | -- | -- | -- |
| 01/20/2022 01/20/22 | For Sale | $349,900 | -- | $141 / Sq Ft |
| 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 | $7,266 | $297,787 | $130,688 | $167,099 |
| 2024 | $7,266 | $347,277 | $130,688 | $216,589 |
| 2023 | $7,266 | $359,457 | $130,688 | $228,769 |
| 2022 | $5,696 | $258,683 | $112,750 | $145,933 |
| 2021 | $5,558 | $238,459 | $112,750 | $125,709 |
| 2020 | $5,170 | $213,478 | $112,750 | $100,728 |
| 2019 | $4,301 | $193,553 | $112,750 | $80,803 |
| 2018 | $2,842 | $176,458 | $92,250 | $84,208 |
| 2017 | $3,552 | $176,458 | $92,250 | $84,208 |
| 2016 | $3,229 | $173,012 | $87,125 | $85,887 |
| 2015 | $2,002 | $167,412 | $74,313 | $93,099 |
| 2014 | $2,002 | $105,543 | $51,250 | $54,293 |
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Seller's Agent in 2022
Chris Bounds
eXp Realty LLC
(713) 598-3828
1 in this area
24 Total Sales
Buyer's Agent in 2022
Parry Kahkeshani
Walzel Properties - Corporate Office
(832) 236-0832
1 in this area
7 Total Sales
Source: Houston Association of REALTORS®
MLS Number: 93946191
APN: 0571420000008