NOT LISTED FOR SALE
2 Beds
1 Bath
5,879 Sq Ft
0.36 Acres

Last Sold December 27, 2023

116 Days on Market

About This Home

As of December 2023

Investor Special !!! Great investment/rental/landlord opportunity. These TWO adjacent lots are being sold together. Superb property in East Houston. Eleven units on two lots. Each lot is 7800 Sq ft. And has 5-2BR's 2-1 BR and 4-Studios. Currently 100% tenant occupied on 6th month leases. Ample amount of parking. No HOA. Property has been well maintained by landlords and is being sold "AS-IS". For list of updates please contact listing agent. Neighborhood boasts many nearby restaurants and ample shopping centers. Please do not disturb tenants.

Last Agent to Sell the Property

Eduardo Pena

SES Real Estate Group License #0811232 Listed on: 09/01/2023

Last Buyer's Agent

Eduardo Pena

SES Real Estate Group License #0811232 Listed on: 09/01/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,740

Year Built

  • Built in 1961

Lot Details

  • 0.36 Acre Lot

Home Design

  • Shingle Roof
  • Wood Roof

Interior Spaces

  • 5,879 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Woodway Elementary School
  • River Valley Middle School
  • Midway High School

Utilities

  • Window Unit Cooling System
  • Window Unit Heating System

Community Details

Overview

  • 11 Units
  • Home Owned Estates Sec 01 Subdivision

Building Details

  • Operating Expense $31,200
  • Gross Income $130,800
  • Net Operating Income $99,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,740

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1961
  • Subdivision Name: Home Owned Estates Sec 01
  • Unit Levels: Two
  • New Construction: No
  • UniversalParcelId: urn:reso:upi:2.0:US:48201:NA
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 5879.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Roof: Shingle, Wood

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window Unit
  • Heating Yn: Yes

Schools

  • Elementary School: WOODWAY ELEMENTARY SCHOOL (MIDWAY)
  • Junior High Dist: 739 - Midway (McLennan)
  • High School: MIDWAY HIGH SCHOOL
  • Middle Or Junior School: RIVER VALLEY MIDDLE

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4740.0

Multi Family

  • Number Of Units Total: 11
  • Annual Gross Income: 130800.0
  • Property Net Operating Income: 99600.0
  • Annual Operating Expense: 31200.0

Range of Values:

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Value Increase
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Percent Increase
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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

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2023 12/27/23 Sold -- -- --
09/21/2023 09/21/23 Price Changed $665,000 -2.9% $113 / Sq Ft
09/01/2023 09/01/23 For Sale $685,000 -- $117 / Sq Ft
Source: Houston Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 92752770

Houston Association of REALTORS®