NOT LISTED FOR SALE

Estimated Value: $607,000

0.52 Acre
$1,175,218 Price per Acre
22,499 Sq Ft Lot

Last Sold September 28, 2021

Current estimated payment $3,950/month

58 Days on Market

Highlights

  • 0.52 Acre Lot
  • Fenced
  • Patio Home

About This Lot

As of September 2021

Great investor opportunity here with this 1/2 acre lot located across the street from MacGregor park and only a mile from the University of Houston Campus .

Last Agent to Sell the Property

Earl Forbes

Coldwell Banker Realty - Sugar Land License #0622163 Listed on: 07/01/2021

Coldwell Banker Realty - Sugar Land

Last Buyer's Agent

Jamil Hassan

Texas United Realty License #0691200

Texas United Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,003

Lot Details

  • 0.52 Acre Lot
  • Fenced
  • May Be Possible The Lot Can Be Split Into 2+ Parcels

Home Design

  • Patio Home

Schools

  • Peck Elementary School
  • Cullen Middle School
  • Yates High School

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • Riverside Terrace Sec 11 Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$6,003

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.5165
  • Road Surface Type: Concrete
  • Subdivision Name: Riverside Terrace Sec 11
  • Architectural Style: Patio Home
  • UniversalParcelId: urn:reso:upi:2.0:US:48201:061-136-058-0008
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Multi-Family, Other, Residential, Recreational, Single Family

Exterior Features

  • Disclosures: Seller Disclosure
  • Fencing: Fenced
  • Lot Features: Split Possible

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available
  • Sewer: Public Sewer
  • Water Source: Public

Schools

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

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6003.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2021
Closed on
Sep 24, 2021
Sold by
Hadu Housing Corporation
Bought by
4802 Old Spanish Trail Llc
Seller's Agent
Earl Forbes
Coldwell Banker Realty - Sugar Land
Buyer's Agent
Jamil Hassan
Texas United Realty
List Price
$550,000
Current Estimated Value
$607,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,000
Outstanding Balance
$248,410
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2018
Sold by
Texas Real Estate Developments L P
Bought by
Hadu Housing Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2008
Sold by
Youngblood James and Drake Richard
Bought by
Texas Real Estate Developments Lp

Purchase Details

Closed on
Jul 22, 1999
Sold by
Rodd Rodney C and Rodd June E
Bought by
Texas Real Estate Developments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,000
Interest Rate
7.47%

Purchase Details

Closed on
Oct 6, 1998
Sold by
The Gamma Mu Housing Corp Of Houston
Bought by
Schawe Betty Louise Burckhart
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
4802 Old Spanish Trail Llc -- Capital Title
Hadu Housing Corp -- South Land Title Llc
Texas Real Estate Developments Lp -- Fidelity National Title
Texas Real Estate Developments Inc -- --
Schawe Betty Louise Burckhart $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 4802 Old Spanish Trail Llc $273,000
Previous Owner Hadu Housing Corp $250,000
Previous Owner Texas Real Estate Developments Inc $33,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2021 09/28/21 Sold -- -- --
08/29/2021 08/29/21 Pending -- -- --
07/01/2021 07/01/21 For Sale $550,000 -- $336 / 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 $8,940 $450,000 $450,000 --
2024 $8,940 $405,000 $405,000 --
2023 $8,940 -- -- --
2022 $7,820 $337,500 $337,500 $0
2021 $6,205 $266,249 $202,500 $63,749
2020 $6,056 $238,753 $202,500 $36,253
2019 $6,316 $238,753 $202,500 $36,253
2018 $6,042 $238,753 $202,500 $36,253
2017 $6,312 $250,344 $202,500 $47,844
2016 $6,312 $238,753 $202,500 $36,253
2015 -- $246,255 $202,500 $43,755
2014 -- $110,000 $109,900 $100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 11565902

Houston Association of REALTORS®

APN: 0611360580008