NOT LISTED FOR SALE

Estimated Value: $522,000 - $809,000

2 Beds
1 Bath
3,874 Sq Ft
$172/Sq Ft Est. Value

Last Sold February 27, 2024

Current estimated payment $4,299/month

77 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 200, 202 & 206 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: 11/20/2023

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:48041:31485
  • 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, Seller Disclosure
  • 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 20, 2023
Closed on
Apr 5, 2024
Sold by
Clapp Christophe Lawrence and Ostrem Cerise N
Bought by
Colbie Properties Llc-Rs 204 Lincoln
Seller's Agent
Jennifer Zweiacker
Zweiacker & Associates
Buyer's Agent
Nonmls
Houston Association of REALTORS
List Price
$595,000
Views
65
Current Estimated Value
$665,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.83%
Original Mortgage
$387,187
Outstanding Balance
$380,031
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$285,636

Purchase Details

Listed on
Nov 20, 2023
Closed on
Feb 27, 2024
Sold by
Lesikar Bruce J and Lesikar Melissa E
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
65

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
$380,031
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$285,636

Purchase Details

Listed on
Dec 5, 2013
Closed on
Mar 10, 2014
Sold by
Mcelroy Robert Wesley and Mcelroy Christine
Bought by
Lesikar Bruce J and Lesikar Melissa E
Seller's Agent
Samantha Markey Kimbrell
Aggieland Properties
Buyer's Agent
Laura Patterson
Real Broker, LLC
List Price
$254,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.33%

Purchase Details

Closed on
Jul 29, 2011
Sold by
Mcelroy Robert P
Bought by
Mcelroy Robert Wesley

Purchase Details

Closed on
Jul 7, 2008
Sold by
Lasalle Bank Na
Bought by
Mcelroy Robert Wesley and Mcelroy Robert P

Purchase Details

Closed on
Jan 1, 2008
Sold by
Martell Marilyn and Martell Joseph Randall
Bought by
Lasalle Bank Na and Structured Asset Securities Corp Structu
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 204 Lincoln -- None Listed On Document
Colbie Properties Llc-Rs 204 Lincoln -- None Listed On Document
Colbie Properties Llc-Rs 204 Lincoln -- None Listed On Document
Clapp Christophe Lawrence -- South Land Title
Clapp Christophe Lawrence -- South Land Title
Clapp Christophe Lawrence -- South Land Title
Lesikar Bruce J -- None Available
Lesikar Bruce J -- None Available
Lesikar Bruce J -- None Available
Mcelroy Robert Wesley -- None Available
Mcelroy Robert Wesley -- None Available
Mcelroy Robert Wesley -- None Available
Mcelroy Robert Wesley -- Lsi Title Agency Inc
Mcelroy Robert Wesley -- Lsi Title Agency Inc
Mcelroy Robert Wesley -- Lsi Title Agency Inc
Lasalle Bank Na $152,644 None Available
Lasalle Bank Na $152,644 None Available
Lasalle Bank Na $152,644 None Available
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 Prior Sale
02/27/2024 02/27/24 Sold -- -- --
02/05/2024 02/05/24 Pending -- -- --
11/20/2023 11/20/23 For Sale $595,000 +133.4% $154 / Sq Ft
06/26/2023 06/26/23 Off Market -- -- --
03/13/2014 03/13/14 Sold -- -- -- View Prior Sale
02/11/2014 02/11/14 Pending -- -- --
12/05/2013 12/05/13 For Sale $254,900 0.0% $66 / Sq Ft
09/30/2013 09/30/13 For Rent $600 -13.7% --
09/30/2013 09/30/13 Rented -- -- --
07/27/2012 07/27/12 Rented -- -- --
06/27/2012 06/27/12 Under Contract -- -- --
05/10/2012 05/10/12 For Rent $695 -- --
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: 78201287

Houston Association of REALTORS®

APN: 31485