NOT LISTED FOR SALE

Estimated Value: $252,000 - $589,000

0.03 Acre
$15,524,317 Price per Acre
5,000 Sq Ft Lot

Last Sold July 06, 2024

Current estimated payment $2,851/month

23 Days on Market

About This Lot

As of July 2024

Investment Opportunity: Ready-to-Build Project with Permits and Plans

3 lots sell together, 5000 sqft. 3405, 3407, 3409, Hutchins st, Houston, TX, 77004

We're offering an exciting investment opportunity comprising three fully platted and permitted lots, each with complete architectural, structural, and civil plans, as well as all necessary permits. Located in 3409, 3407, 3405 Hutchins St. Houston, TX, 77004, these lots are ready for immediate construction. the soft cost to get all plan and permits is ~65k. Each single-family home will feature 3 bedrooms, 3.5 bathrooms, and a roof deck. With everything in place, there's no waiting period to start building. Plans are available for review at our office. Don't miss out on this hassle-free investment opportunity.

Last Agent to Sell the Property

Moe Toofan

Walzel Properties - Corporate Office License #0797549 Listed on: 05/13/2024

Walzel Properties - Corporate Office

Last Buyer's Agent

Natasha Bhakta

Houston Dwell Realty License #0624924

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,291

Lot Details

  • 5,000 Sq Ft Lot

Schools

  • Blackshear Elementary School
  • Cullen Middle School
  • Yates High School

Community Details

  • Hutchins Villas Subdivision

Listing and Financial Details

  • Tax Lot 3,2,1

Property Details

Property Type

Land

Est. Annual Taxes

$1,291

Lot Details

0

Listing Details

  • Directions: AT the corner of Elgin and Hutchins st,, toward east turn right toward south, pass second intersection, between Fransis and Holman st toward south, second property on your left.
  • Prop. Type: Land
  • Lot Size Acres: 0.0322
  • Subdivision Name: Hutchins villas
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Disclosures: None
  • Lot Features: Other

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Schools

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

Lot Info

  • Additional Parcels Description: 1447610010002,1447610010001
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1291.0
  • Tax Lot: 3,2,1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2024
Closed on
Jul 1, 2024
Sold by
Aboonasrshiraz Masoomeh and Toofan Moe
Bought by
Luxe Inn Llc
Seller's Agent
Moe Toofan
Walzel Properties - Corporate Office
Buyer's Agent
Natasha Bhakta
Houston Dwell Realty
List Price
$330,000
Total Days on Market
23
Current Estimated Value
$499,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.77%
Original Mortgage
$920,000
Outstanding Balance
$912,985
Interest Rate
6.95%
Mortgage Type
Construction
Estimated Equity
-$595,442
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
Luxe Inn Llc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luxe Inn Llc $920,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2024 07/06/24 Sold -- -- --
06/05/2024 06/05/24 Pending -- -- --
05/13/2024 05/13/24 For Sale $330,000 -- --
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 $1,522 $72,732 $72,732 --
2023 $1,522 $60,610 $60,610 $0
2022 $1,404 $35,075 $35,075 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 40375509

Houston Association of REALTORS®

APN: 1447610010003