$1,200,000
RENTED JUN 1, 2025

Estimated payment $7,984/month

Total Views 3,347
-- Bed
-- Bath
4,940 Sq Ft
$243 Price per Sq Ft

Highlights

  • 27,068 Sq Ft lot
  • Corner Lot
  • Central Heating and Cooling System
  • Property is near public transit
  • Vinyl Plank Flooring
  • Ceiling Fan

About This Home

Fully Occupied 12 units apartment complex!!!
Easy to lease, 3 updated units, long term tenants!
Surrounded by residential homes and Near T.C. Jester Park!!!

Listing Agent

Hiri Ahly

Realty Network US License #0526233 Listed on: 02/20/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,593

Year Built

  • Built in 1970

Lot Details

  • 0.62 Acre Lot
  • Corner Lot

Parking

  • Paved Parking

Home Design

  • Brick Exterior Construction
  • Cement Siding

Interior Spaces

  • 4,940 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Vinyl Plank
  • Vinyl

Schools

  • Wainwright Elementary School
  • Clifton Middle School
  • Scarborough High School

Additional Features

  • Property is near public transit
  • Central Heating and Cooling System

Community Details

Overview

  • 12 Units
  • Mangum Manor Sec 01 Subdivision

Building Details

  • Operating Expense $49,490
  • Net Operating Income $65,709

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,593

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Directions: Located on the corner of Magnum and Saxon Dr.
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1970
  • Subdivision Name: Mangum Manor Sec 01
  • Unit Levels: Two
  • New Construction: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Flooring: Laminate, Plank, Vinyl
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 4940.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: Owner Is Listing Agent
  • Roof: Other
  • Lot Features: Corner Lot, Near Public Transit
  • Construction Type: Brick, Cement Siding, Other

Garage/Parking

  • Parking Features: Paved

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Fee Information

  • Association Fee Includes: Other

Schools

  • Elementary School: WAINWRIGHT ELEMENTARY SCHOOL
  • Junior High Dist: 27 - Houston
  • High School: SCARBOROUGH HIGH SCHOOL
  • Middle Or Junior School: CLIFTON MIDDLE SCHOOL (HOUSTON)

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 15593.0

Multi Family

  • Number Of Units Total: 12
  • Property Net Operating Income: 65709.0
  • Annual Operating Expense: 49490.0

Map

Range of Values:

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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
06/01/2025 06/01/25 Rented $920 0.0% --
05/31/2025 05/31/25 For Rent $920 0.0% --
02/20/2025 02/20/25 For Sale $1,200,000 -- $243 / Sq Ft
Source: Houston Association of REALTORS®

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Source: Houston Association of REALTORS®

MLS Number: 45919119

Houston Association of REALTORS®