$1,299,000
SOLD MAY 9, 2025
Last list price
2 Beds
1 Bath
4,044 Sq Ft
7,953 Sq Ft Lot

Recently Sold

$321 Per Sq Ft

51 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Central Heating and Cooling System
  • Poe Elementary School Rated A-
  • Electric Gate
  • Ceiling Fan

About This Home

As of May 2025

Located near Rice University, Medical Center, Downtown, and West U's upscale shops and eateries, this 4-unit property underwent extensive renovations in 2013, totaling nearly 300k. Updates include new wiring, plumbing, roofing, insulation, sheetrock, A/C, cabinets, fixtures, and appliances. The A/C units for two of the units were replaced in 2023 and 2025. With 100% occupancy and reliable tenants, this investment opportunity is ideal for both new and seasoned investors. Each unit features 2 bedrooms, 1 bath, individual electricity meters, water heaters, washers, dryers, and a carport with one parking space per unit. Long-term rental, Airbnb, or residing in one unit while leasing the others—endless possibilities await. Secure your investment in this sought-after area today. *Seller has an assumable loan with a low interest rate!

Last Agent to Sell the Property

Eleni Agiz

Oak Story Realty, LLC. License #0746264 Listed on: 02/18/2025

Last Buyer's Agent

Niles Haworth

The Agency Texas Inc License #0670434

The Agency Texas Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,209

Year Built

  • Built in 1940

Lot Details

  • 7,953 Sq Ft Lot
  • Private Entrance

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 4,044 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Window Treatments
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Carport
  • Electric Gate

Eco-Friendly Details

  • Energy-Efficient Windows with Low Emissivity
  • Energy-Efficient HVAC

Schools

  • Poe Elementary School
  • Lanier Middle School
  • Lamar High School

Additional Features

  • Property is near public transit
  • Central Heating and Cooling System

Community Details

  • 4 Units
  • Chevy Chase Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,209

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Directions: From Hwy 59, go south on Greenbriar, left on Milford, Left on S. Shepherd, Right on Banks. The house is on the corner—Park in the street.
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1940
  • Subdivision Name: Chevy Chase
  • Architectural Style: Fourplex
  • Carport Y N: Yes
  • Unit Levels: Two
  • New Construction: No
  • Efficiency: HVAC, Windows
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Tile, Wood, Hardwood
  • Interior Amenities: Window Treatments, Ceiling Fan(s)
  • Living Area: 4044.0
  • Window Features: Low-Emissivity Windows, Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: Seller Disclosure
  • Roof: Composition
  • Lot Features: Near Public Transit, Subdivision
  • Construction Type: Brick, Cement Siding
  • Exterior Features: Private Entrance

Garage/Parking

  • Parking Features: Carport, Electric Gate

Utilities

  • Security: Fire Alarm
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Schools

  • Elementary School: POE ELEMENTARY SCHOOL
  • Junior High Dist: 27 - Houston
  • High School: LAMAR HIGH SCHOOL (HOUSTON)
  • Middle Or Junior School: LANIER MIDDLE SCHOOL

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 19209.0

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2025
Closed on
May 30, 2025
Sold by
Shen Dawei
Bought by
E-Link Llc
Seller's Agent
Eleni Agiz
Oak Story Realty, LLC.
Buyer's Agent
Niles Haworth
The Agency Texas Inc
List Price
$1,299,000
Views
11
Current Estimated Value
$1,181,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.38%
Original Mortgage
$480,000
Outstanding Balance
$479,579
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$714,421

Purchase Details

Listed on
Feb 18, 2025
Closed on
May 9, 2025
Sold by
Tesfaye Yonathan
Bought by
Shen Dawei
Seller's Agent
Eleni Agiz
Oak Story Realty, LLC.
Buyer's Agent
Niles Haworth
The Agency Texas Inc
List Price
$1,299,000
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Outstanding Balance
$479,579
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$714,421

Purchase Details

Listed on
May 13, 2023
Closed on
Aug 10, 2023
Sold by
Pryor Lilly Kucera
Bought by
Tesfaye Yonathan
Seller's Agent
Betsy Scofield
Jim Assad & Assoc., Inc.
Buyer's Agent
Ami Gallagher
Jim Assad & Assoc., Inc.
List Price
$950,000
Views
168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.87%
Original Mortgage
$805,860
Interest Rate
6.71%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 27, 2016
Sold by
Miller Charles B
Bought by
Alonso Monica and Alonso Juan F

Purchase Details

Closed on
Oct 29, 1998
Sold by
Sueba Investments #30 Ltd
Bought by
5100 Chevy Chase Ltd
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Deed -- Texas American Title Company
Deed -- Magnolia Title
Warranty Deed -- Stewart Title
Warranty Deed -- Charter Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $480,000 New Conventional
Previous Owner $805,860 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2025 05/09/25 Sold -- -- --
04/11/2025 04/11/25 Pending -- -- --
02/18/2025 02/18/25 For Sale $1,299,000 +36.7% $321 / Sq Ft
08/10/2023 08/10/23 Sold -- -- --
06/29/2023 06/29/23 Pending -- -- --
06/03/2023 06/03/23 For Sale $950,000 0.0% $235 / Sq Ft
05/25/2023 05/25/23 Pending -- -- --
05/13/2023 05/13/23 For Sale $950,000 -- $235 / 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
2024 $19,209 $918,066 $512,773 $405,293
2023 $19,209 $907,900 $463,937 $443,963
2022 $18,917 $859,128 $463,937 $395,191
2021 $17,713 $760,000 $463,937 $296,063
2020 $17,860 $737,518 $463,937 $273,581
2019 $18,498 $731,000 $463,937 $267,063
2018 $18,498 $731,000 $463,937 $267,063
2017 $18,484 $731,000 $463,937 $267,063
2016 $18,332 $725,000 $463,937 $261,063
2015 $18,060 $734,462 $463,937 $270,525
2014 $18,060 $702,536 $317,431 $385,105
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 19229334

Houston Association of REALTORS®

APN: 0600680120001