NOT LISTED FOR SALE

Estimated Value: $441,246 - $442,000

3 Beds
1 Bath
4,580 Sq Ft
$96/Sq Ft Est. Value

Last Sold December 31, 2022

Current estimated payment $2,372/month

13 Days on Market

Highlights

  • 15,600 Sq Ft lot
  • Programmable Thermostat
  • Central Heating and Cooling System
  • Window Unit Cooling System
  • 1-Story Property
  • Ceiling Fan

About This Home

As of December 2022

Lowest Price per door in Houston!! Cash Flowing20 minutes N. Of Downtown and 8 minutes away from IAH Airport! Property consist of (2) separate buildings, on (2) Lot's. A (5) Plex building in the back and a 1330sq ft. (SFR) in the front, for a Total of (6) Units! (5) Plex building has been completely remodeled and comes with All new stainless appliances, new Central ac/heat and (4) new commercial coin operated washer/driers! New commercial septic system and New water well system with approved permits were recently installed to service the property. WE Can Show 2 units as of 12/17/2022. All units will be leased by 12/30/2022. MORE than 40K IN NET OPERATING INCOME

Last Agent to Sell the Property

Thé Trinh Nguyen

The Realty License #0617251 Listed on: 12/16/2022

Co-Listed By

Hung Dang

The Realty License #0685636

Last Buyer's Agent

Edwin Tabora

Texas USA Realty License #0606168

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $577

Year Built

  • Built in 1971

Lot Details

  • 0.36

Parking

  • 1 Parking Space

Home Design

  • Composition Roof
  • Aluminum Roof
  • Aluminum Siding

Interior Spaces

  • 4,580 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Laminate Flooring

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Calvert Elementary School
  • Aldine Middle School
  • Macarthur High School

Utilities

  • Window Unit Cooling System
  • Central Heating and Cooling System
  • Window Unit Heating System
  • Programmable Thermostat
  • Cable TV Available

Additional Features

  • Energy-Efficient Thermostat
  • 0.36 Acre Lot

Community Details

Overview

  • 6 Units
  • Aldine Place Sec 02 Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Operating Expense $32,417
  • Gross Income $78,372
  • Net Operating Income $45,955

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$577

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Year Built: 1971
  • Co List Office Mls Id: TENO01
  • Co List Office Phone: 832-834-5872
  • Subdivision Name: Aldine Place Sec 02
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Thermostat
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Laminate
  • Interior Amenities: Ceiling Fan(s), Programmable Thermostat
  • Living Area: 4580.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: Other
  • Roof: Aluminum, Composition
  • Lot Features: Subdivision
  • Construction Type: Aluminum Siding

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Water Available
  • Laundry Features: Common Area
  • Cooling: Central Air, Electric, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric, Window Unit
  • Heating Yn: Yes

Schools

  • Elementary School: CALVERT ELEMENTARY SCHOOL
  • Junior High Dist: 1 - Aldine
  • High School: MACARTHUR HIGH SCHOOL (ALDINE)
  • Middle Or Junior School: ALDINE MIDDLE SCHOOL

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 577.0

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 78372.0
  • Property Net Operating Income: 45955.0
  • Annual Operating Expense: 32417.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2022
Closed on
Dec 29, 2022
Sold by
D G & I Property Mgmt Inc
Bought by
Eajc Group Llc - Blackfin Properties Llc Seri
Seller's Agent
Thé Trinh Nguyen
The Realty
Buyer's Agent
Edwin Tabora
Texas USA Realty
List Price
$440,000
Views
228
Current Estimated Value
$441,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.95%
Original Mortgage
$380,000
Outstanding Balance
$46,027
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$395,596
Source: Public Records

Range of Values:

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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
Eajc Group Llc - Blackfin Properties Llc Seri -- Capital Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eajc Group Llc - Blackfin Properties Llc Seri $380,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2022 12/31/22 Sold -- -- --
12/17/2022 12/17/22 For Sale $440,000 -- $96 / 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
2025 $528 $27,300 $27,300 --
2024 $528 $27,300 $27,300 --
2023 $528 $27,300 $27,300 $0
2022 $549 $26,773 $26,773 $0
2021 $577 $26,773 $26,773 $0
2020 $608 $26,773 $10,950 $15,823
2019 $672 $28,258 $10,950 $17,308
2018 $406 $28,258 $10,950 $17,308
2017 $640 $28,258 $10,950 $17,308
2016 $640 $28,258 $10,950 $17,308
2015 $997 $44,756 $10,950 $33,806
2014 $997 $44,756 $10,950 $33,806
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 71005686

Houston Association of REALTORS®

APN: 0802680000218