NOT LISTED FOR SALE

Estimated Value: $496,000 - $638,000

3 Beds
6 Baths
3,669 Sq Ft
$155/Sq Ft Est. Value

Last Sold August 29, 2019

Current estimated payment $4,035/month

91 Days on Market

Highlights

  • Under Construction
  • Granite Countertops
  • ENERGY STAR Qualified Appliances
  • Property is near public transit
  • Tile Flooring
  • Programmable Thermostat

About This Home

As of August 2019

Real Estate Investors! This is your opportunity to purchase 1 of 3, newly-constructed multi-family buildings. Days away from full completion. Each building is a Tri-Plex: 3 beds/2baths on the 1st floor; and two, 2beds/2baths units on the 2nd floor. Each unit is nicely done with modern finishes through-out. With 4 major universities (Rice, UST, TSU, & UofH), the Texas Medical Center and it's medical schools, and downtown Houston all just a few miles away, there are many near-by sources of tenants. Don't wait! See this property today and add it to your investment portfolio!

Last Agent to Sell the Property

Marty Melchor

Texas Sol Real Estate License #0590920 Listed on: 04/29/2019

Last Buyer's Agent

Yolanda Ames

Keller Williams Memorial License #0595538

Keller Williams Memorial

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,595

Year Built

  • Built in 2019 | Under Construction

Lot Details

  • 5,360 Sq Ft Lot
  • Private Entrance
  • Cleared Lot

Parking

  • 2 Car Garage

Home Design

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

Interior Spaces

  • 3 Bedrooms
  • 3,669 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Eco-Friendly Details

  • ENERGY STAR Qualified Appliances
  • Energy-Efficient Windows with Low Emissivity
  • Energy-Efficient HVAC
  • Energy-Efficient Insulation
  • Energy-Efficient Thermostat

Location

  • Property is near public transit

Schools

  • Thompson Elementary School
  • Cullen Middle School
  • Yates High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Programmable Thermostat
  • Cable TV Available

Community Details

  • 3 Units
  • Built by Baylor Asset Mgmt
  • Laboure Estates Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,595

Year Built

Built in 2019 | Under Construction

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 2019
  • Subdivision Name: Laboure Estates
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Efficiency: Appliances, HVAC, Insulation, Thermostat, Windows
  • Property Sub Type Additional: Triplex
  • UniversalParcelId: urn:reso:upi:2.0:US:48201:138-620-001-0001
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, ENERGY STAR Qualified Appliances
  • Total Bedrooms: 3
  • Flooring: Carpet, Laminate, Tile
  • Interior Amenities: Granite Counters, Ceiling Fan(s), Programmable Thermostat
  • Living Area: 3669.0
  • Window Features: Low-Emissivity Windows

Exterior Features

  • Builder Name: Baylor Asset Mgmt
  • Disclosures: None
  • Roof: Composition
  • Lot Features: Cleared, Near Public Transit
  • Construction Type: Brick Veneer, Cement Siding
  • Exterior Features: Private Entrance
  • Property Condition: Under Construction

Garage/Parking

  • Parking Features: Garage, Paved

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Water Available
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Fire Alarm
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes

Schools

  • Elementary School: THOMPSON ELEMENTARY SCHOOL (HOUSTON)
  • Junior High Dist: 27 - Houston
  • High School: YATES HIGH SCHOOL
  • Middle Or Junior School: CULLEN MIDDLE SCHOOL (HOUSTON)

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2019
Closed on
Aug 29, 2019
Sold by
Houston Secured Development Partners Llc
Bought by
Woods Albert E
Seller's Agent
Marty Melchor
Texas Sol Real Estate
Buyer's Agent
Yolanda Ames
Keller Williams Memorial
List Price
$585,000
Current Estimated Value
$567,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.22%
Original Mortgage
$318,900
Outstanding Balance
$279,270
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$287,730

Purchase Details

Closed on
Nov 10, 2016
Sold by
Pm Dixie Llc
Bought by
Houston Secured Development Partners Llc

Purchase Details

Closed on
Nov 26, 2013
Sold by
Dbl Holdings Llc
Bought by
H & H Administration Service Escrow Trus

Purchase Details

Closed on
Dec 5, 2011
Sold by
Brinks Incorporated
Bought by
Dbl Dixie Llc
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
Woods Albert E -- American Title Company
Houston Secured Development Partners Llc -- American Title Co
H & H Administration Service Escrow Trus -- None Available
Dbl Dixie Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woods Albert E $318,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2024 08/18/24 Off Market -- -- --
08/29/2019 08/29/19 Sold -- -- --
07/30/2019 07/30/19 Pending -- -- --
04/29/2019 04/29/19 For Sale $585,000 -- $159 / 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 $12,595 $569,344 $170,085 $399,259
2024 $12,595 $601,938 $170,085 $431,853
2023 $12,595 $550,000 $158,746 $391,254
2022 $12,743 $550,000 $158,746 $391,254
2021 $13,751 $590,000 $130,399 $459,601
2020 $13,818 $544,747 $130,399 $414,348
2019 $13,588 $513,630 $99,216 $414,414
2018 $4,160 $0 $0 $0
2017 $4,160 $164,660 $152,600 $12,060
2016 $4,359 $164,901 $152,600 $12,301
2015 $344 $152,700 $152,600 $100
2014 $344 $12,800 $12,700 $100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 9697270

Houston Association of REALTORS®

APN: 1386200010001