NOT LISTED FOR SALE

Estimated Value: $442,000 - $826,000

2 Beds
1 Bath
3,874 Sq Ft
$155/Sq Ft Est. Value

Last Sold February 27, 2024

Current estimated payment $3,959/month

80 Days on Market

Highlights

  • Tile Flooring
  • Central Heating and Cooling System
  • Ceiling Fan
  • A&M Consolidated Middle School Rated A

About This Home

As of February 2024

This is an incredible investment opportunity in a prime, convenient location just 1 block from the Texas A&M campus. Whether you are searching for a property to expand your growing portfolio or are seeking a new venture, this well-maintained, 100% occupied property is a fantastic choice! Each of the units features a spacious downstairs living room with direct patio access and a kitchen featuring ample cabinetry. Additionally available is the four-plex at 202 Lincoln Ave, which is adjacent to this property. With shopping, restaurants, and the University all within walking distance, this is an ideal opportunity!

Last Agent to Sell the Property

Jennifer Zweiacker

Zweiacker & Associates License #0554730 Listed on: 11/17/2023

Last Buyer's Agent

Nonmls

Houston Association of REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,525

Year Built

  • Built in 1980

Lot Details

  • 8,882 Sq Ft Lot

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 3,874 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • College Hills Elementary School
  • A & M Consolidated Middle School
  • A & M Consolidated High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • 4 Units
  • Lincoln Fourplexes Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,525

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1980
  • Subdivision Name: Lincoln Fourplexes
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • New Construction: No
  • Property Sub Type Additional: Quadruplex
  • UniversalParcelId: urn:reso:upi:2.0:US:48041:31487
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 3874.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: None
  • Roof: Composition
  • Construction Type: Brick

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes

Schools

  • Elementary School: COLLEGE HILLS ELEMENTARY SCHOOL
  • Junior High Dist: 153 - College Station
  • High School: A & M CONSOLIDATED HIGH SCHOOL
  • Middle Or Junior School: A & M CONSOLIDATED MIDDLE SCHOOL

Lot Info

  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2023
Closed on
Apr 5, 2024
Sold by
Clapp Christophe Lawrence and Ostrem Cerise N
Bought by
Colbie Properties Llc-Rs 200 Lincoln
Seller's Agent
Jennifer Zweiacker
Zweiacker & Associates
Buyer's Agent
Nonmls
Houston Association of REALTORS
List Price
$595,000
Views
98
Current Estimated Value
$599,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.90%
Original Mortgage
$387,187
Outstanding Balance
$380,711
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$218,622

Purchase Details

Listed on
Nov 17, 2023
Closed on
Feb 27, 2024
Sold by
Martell Joseph R and Martell Marilyn M
Bought by
Clapp Christophe Lawrence and Ostrem Cerise N
Seller's Agent
Jennifer Zweiacker
Zweiacker & Associates
Buyer's Agent
Nonmls
Houston Association of REALTORS
List Price
$595,000
Views
98

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,187
Outstanding Balance
$380,711
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$218,622
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Colbie Properties Llc-Rs 200 Lincoln -- None Listed On Document
Clapp Christophe Lawrence -- South Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clapp Christophe Lawrence $387,187
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2024 02/27/24 Sold -- -- --
02/05/2024 02/05/24 Pending -- -- --
11/17/2023 11/17/23 For Sale $595,000 0.0% $154 / Sq Ft
05/08/2019 05/08/19 Rented $725 -6.5% --
04/08/2019 04/08/19 Under Contract -- -- --
03/26/2019 03/26/19 For Rent $775 0.0% --
06/21/2018 06/21/18 Rented $775 0.0% --
05/22/2018 05/22/18 Under Contract -- -- --
03/15/2018 03/15/18 For Rent $775 +10.7% --
09/08/2017 09/08/17 Rented $700 -6.7% --
08/09/2017 08/09/17 Under Contract -- -- --
08/08/2017 08/08/17 For Rent $750 0.0% --
07/12/2017 07/12/17 Rented $750 -6.3% --
06/12/2017 06/12/17 Under Contract -- -- --
05/26/2017 05/26/17 For Rent $800 0.0% --
05/10/2017 05/10/17 For Rent $800 0.0% --
05/10/2017 05/10/17 Rented $800 +14.3% --
05/03/2016 05/03/16 Rented $700 -6.7% --
04/22/2016 04/22/16 Rented $750 0.0% --
04/03/2016 04/03/16 Under Contract -- -- --
03/24/2016 03/24/16 For Rent $750 -6.3% --
03/23/2016 03/23/16 Under Contract -- -- --
03/03/2016 03/03/16 For Rent $800 +6.7% --
08/19/2015 08/19/15 For Rent $750 0.0% --
08/19/2015 08/19/15 Rented -- -- --
08/30/2014 08/30/14 Rented -- -- --
07/31/2014 07/31/14 Under Contract -- -- --
05/22/2014 05/22/14 For Rent $750 -- --
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 $9,525 $462,991 $207,750 $255,241
2024 $9,525 $499,815 $207,750 $292,065
2023 $9,525 $504,392 $189,986 $314,406
2022 $10,032 $470,523 $172,755 $297,768
2021 $8,849 $391,797 $172,755 $219,042
2020 $8,989 $395,778 $172,755 $223,023
2019 $7,960 $336,900 $167,780 $169,120
2018 $7,921 $332,750 $167,780 $164,970
2017 $6,671 $283,460 $118,490 $164,970
2016 $5,777 $245,470 $83,940 $161,530
2015 $4,711 $221,530 $66,350 $155,180
2014 $4,711 $203,280 $63,680 $139,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 38752523

Houston Association of REALTORS®

APN: 31487