$500,000

4831 Gulf Fwy Unit 6 Houston, TX 77023

Eastwood Neighborhood

Estimated payment $3,326/month

Total Views 9,111
4 Beds
4 Baths
4,032 Sq Ft
$124 Price per Sq Ft

About This Home

Income-Producing 4-Plex with Value-Add Potential - Prime Houston Location This half-renovated 4-plex offers the best of both worlds - two units are occupied by long-term tenants providing steady income, while two vacant unitshave undergone a FULL RENOVATION down to the stude! Each of the four 1BR/1BA units includes a private garage. Upgraded features include recessed lighting, waterproof vinyl plank flooring, modern walk-in showers, new appliances, and updated PEX plumbing/wiring. Situated on a 6,250 sq ft lot near UofH and Hobby Airport, the property's no-HOA status makes it ideal for either maintaining the existing rental income or converting to higher-yield short-term rentals. With repairs already factored into the price, this turnkey opportunity combines immediate cash flow with clear upside potential through simple renovations and strategic rent increases - a smart play for investors seeking a low-risk asset in Houston's competitive market. (PROPERTY STILL UNDER RENOVATION!!)

Listing Agent

Collie Hill

LPT Realty, LLC License #0809790 Listed on: 03/31/2025

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,685

Year Built

  • Built in 1946

Lot Details

  • 6,250 Sq Ft Lot

Home Design

  • Composition Roof

Interior Spaces

  • 4,032 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Schools

  • Cage Elementary School
  • Navarro Middle School
  • Austin High School

Utilities

  • Window Unit Cooling System
  • No Heating

Community Details

  • Broadmoor Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,685

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Directions: From the intersection of Gulf Freeway and Cullen BLVD, travel East on Gulf Freeway Access road for 1 Mile and then make a u-turn under Gulf Freeway. Make the first right turn on Lombardy and then another Left at the Y. Travel .07 Miles and the properties will be on your left with a driveway in between the duplexes. The 4-plexes sit directly behind the duplexes and can be accessed from the Gulf Freeway side of the street.
  • Property Sub Type: Detached
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1946
  • Subdivision Name: Broadmoor
  • Unit Levels: Two
  • New Construction: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Living Area: 4032.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: Other, Seller Disclosure
  • Roof: Composition

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No

Schools

  • Elementary School: CAGE ELEMENTARY SCHOOL
  • Junior High Dist: 27 - Houston
  • High School: AUSTIN HIGH SCHOOL (HOUSTON)
  • Middle Or Junior School: NAVARRO MIDDLE SCHOOL (HOUSTON)

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6685.0

Multi Family

  • Number Of Units Total: 4

Map

Range of Values:

Collateral Analytics

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2025 05/02/25 Price Changed $1,050 0.0% $1 / Sq Ft
03/31/2025 03/31/25 For Sale $500,000 0.0% $124 / Sq Ft
03/28/2025 03/28/25 For Rent $1,300 -- --
Source: Houston Association of REALTORS®

About the Listing Agent

Collie Hill
Collie Hill

LPT Realty, LLC

(346) 496-4055

Section Image

Welcome to the dynamic world of real estate with Collie Hill, your premier real estate agent based in Texas. As a proud member of the Houston Association of REALTORS® since 2023, Collie brings a fresh and enthusiastic approach to the real estate market. Partnered with eXp Realty LLC, Collie is committed to delivering exceptional service and results.

View Collie's Profile

Collie's Other Listings

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    Nice 1 acre lot measuring about 200' of TX-31 frontage. Flat, leveled and ready for your new business. The billboard generates $1200/yr, with over 10,000cars passing by daily. The billboard is not owned by the seller.

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  • 0000 County Road 2317, Lone Star, TX 75668

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  • 520 State Highway 155, Avinger, TX 75630

    $20,000

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  • 418 Jenkins St, Daingerfield, TX 75638

    $35,000 Pending

    • 3 Beds
    • 1 Bath
    • 1,050 Sq Ft
    • 418 Jenkins St
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    Great fixer upper in town ready for renovations or to keep as a rental with current 7yr tenant. This property is less than 10 Mins from the State Park where fishing, camping and hiking are readily available. With several lakes and other attractions nearby, this makes for a great rental in a strong, affordable market. This property is priced lower than any other property in town, which makes a

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  • 300 State St, Daingerfield, TX 75638

    $42,000 Pending

    • 2 Beds
    • 1 Bath
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  • 3233 Maxroy St, Houston, TX 77008

    $500,000 Sold Nov 15, 2024

    • Land
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    Don’t miss this unique chance to own the last undeveloped lot on the street, offering 8,456 sq. ft. in the highly sought-after Cottage Grove/Timbergrove area. Surrounded by new construction, with one community directly to the east already sold out, this location is primed for growth.This lot is perfect for building multiple units, making it an excellent investment in an already thriving

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  • 15320 Thomas St, Montgomery, TX 77356

    $155,000 Sold Aug 23, 2024

    • 3 Beds
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Source: Houston Association of REALTORS®

MLS Number: 18483318

Houston Association of REALTORS®

Texas Harris County Houston 77023 Eastwood

4831 Gulf Fwy Unit 6, Houston, TX

This home is located at 4831 Gulf Fwy Unit 6, Houston, TX 77023 and is currently priced at $500,000, approximately $124 per square foot. This property was built in 1946. 4831 Gulf Fwy Unit 6 is a home located in Harris County with nearby schools including Cage Elementary School, Yolanda Black Navarro Middle School, and Austin High School.

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The information provided is exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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Collie Hill
Collie Hill
Listing Agent Section Image
LPT Realty, LLC
(346) 496-4055