$985,000
$10K PRICE INCREASE

Estimated payment $6,511/month

Total Views 7,531
1 Bed
1 Bath
3,136 Sq Ft
$314 Price per Sq Ft

Highlights

  • Property is near public transit
  • Wood Flooring
  • Window Unit Cooling System
  • Wharton Dual Language Academy Rated A-
  • Balcony
  • 5-minute walk to Wiley Park

About This Home

Welcome to 403 Polk St, a delightful 4-plex residence situated in the lively neighborhood of Montrose. This well-maintained property consists of four units, each featuring wood floors throughout and a coveted layout with a dining area and kitchen. Ideal for investors seeking additional income, its prime location offers stunning Downtown Skyline views and convenient access to dining, shopping, and entertainment options. As a bonus, this turnkey property presents an opportunity for seamless transition, with furniture and contents of the units available for purchase. Additionally, there is a studio awaiting your personal touches, offering endless possibilities for customization. Don't miss out on this exceptional opportunity! Home is currently rented thru Airbnb, please reach out to listing agent to coordinate an accompanied showing between rentals.

Listing Agent

Harley Hedgpeth

Coldwell Banker Realty - Heights License #0652686 Listed on: 06/07/2024

Coldwell Banker Realty - Heights

Co-Listing Agent

Raul Garcia

Coldwell Banker Realty - Heights License #0709159

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,217

Year Built

  • Built in 1932

Home Design

  • Quadruplex
  • Composition Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 3,136 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Window Treatments
  • Washer and Dryer Hookup

Kitchen

  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl Plank
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Paved Parking

Outdoor Features

  • Balcony
  • Patio

Schools

  • William Wharton K-8 Dual Language Academy Elementary School
  • Gregory-Lincoln Middle School
  • Lamar High School

Additional Features

  • 5,000 Sq Ft Lot
  • Property is near public transit
  • Window Unit Cooling System

Community Details

  • 4 Units
  • Alden Place Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,217

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Directions: From Montrose, turn east on West Gray to Stanford, turn left to Polk, go West on Polk
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1932
  • Co List Office Mls Id: COLD11
  • Co List Office Phone: 713-869-0456
  • Subdivision Name: Alden Place
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • New Construction: No
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Plank, Tile, Vinyl, Wood, Hardwood
  • Interior Amenities: Balcony, Tile Counters, Window Treatments, Ceiling Fan(s)
  • Living Area: 3136.0
  • Window Features: Window Coverings

Exterior Features

  • Disclosures: Seller Disclosure
  • Roof: Composition
  • Lot Features: Other, Near Public Transit, Subdivision
  • Construction Type: Stone, Wood Siding
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: Paved

Utilities

  • Utilities: Electricity Available, Water Available
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Other

Schools

  • Elementary School: WILLIAM WHARTON K-8 DUAL LANGUAGE ACADEMY
  • Junior High Dist: 27 - Houston
  • High School: LAMAR HIGH SCHOOL (HOUSTON)
  • Middle Or Junior School: GREGORY-LINCOLN MIDDLE SCHOOL

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 14217.0

Multi Family

  • Number Of Units Total: 4

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $14,818 $708,205 $425,000 $283,205
2023 $14,818 $705,628 $425,000 $280,628
2022 $13,542 $615,000 $410,000 $205,000
2021 $13,704 $588,000 $410,000 $178,000
2020 $13,561 $560,000 $410,000 $150,000
2019 $14,170 $560,000 $400,000 $160,000
2018 $14,170 $595,079 $400,000 $195,079
2017 $15,791 $595,079 $400,000 $195,079
2016 $15,791 $595,079 $400,000 $195,079
2015 $11,122 $495,079 $300,000 $195,079
2014 $11,122 $432,650 $275,000 $157,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2024 06/07/24 Price Changed $985,000 +1.0% $314 / Sq Ft
06/07/2024 06/07/24 For Sale $975,000 -- $311 / Sq Ft
Source: Houston Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Vendors Lien -- First American Title
Warranty Deed -- First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $171,674 Construction
Closed $173,350 No Value Available
Previous Owner $75,000 Seller Take Back
Source: Public Records

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Source: Houston Association of REALTORS®

MLS Number: 22207365

Houston Association of REALTORS®

APN: 0570330000014