$849,995
$50K PRICE DROP

Estimated payment $5,763/month

Total Views 4,202
2 Beds
2 Baths
3,140 Sq Ft
$271 Price per Sq Ft

Highlights

  • Furnished
  • ENERGY STAR Qualified Appliances
  • Vinyl Plank Flooring
  • Quartz Countertops
  • Programmable Thermostat
  • Central Heating and Cooling System

About This Home

Exceptional income-generating property in the heart of EaDo, minutes from downtown Houston! This newly renovated, fully furnished 5-unit building is a rare, hassle-free investment opportunity in a prime location near trendy restaurants, shops, and newly developed buildings. Each modern unit is move-in ready with stylish finishes and new appliances, attracting high-quality tenants. Currently generating strong rental income, this property offers excellent appreciation potential in one of Houston’s fastest-growing neighborhoods. Don’t miss this turnkey investment in the thriving heart of East Downtown!Additionally, please note the four-unit commercial property available for sale at the adjacent location of 4202 Canal St, Houston, TX 77003 from the same seller. Open to negotiating an attractive package price for both properties.

Listing Agent

Spencer Igwe

LPT Realty, LLC License #0817111 Listed on: 11/14/2024

LPT Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,332

Year Built

  • Built in 1938

Lot Details

  • 5,000 Sq Ft Lot
  • Private Entrance

Parking

  • 1 Car Garage

Home Design

  • Composition Roof

Interior Spaces

  • 3,140 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl Plank
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Eco-Friendly Details

  • ENERGY STAR Qualified Appliances
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • Energy-Efficient Insulation
  • Energy-Efficient Thermostat
  • Ventilation

Schools

  • Lantrip Elementary School
  • Navarro Middle School
  • Austin High School

Utilities

  • Central Heating and Cooling System
  • Programmable Thermostat

Community Details

  • 5 Units
  • Brady Place Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,332

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Directions: At the corner of Canal St. & Estelle St.
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1938
  • Subdivision Name: Brady Place
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Efficiency: Appliances, HVAC, Insulation, Lighting, Thermostat
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, ENERGY STAR Qualified Appliances
  • Furnished: Furnished
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Plank, Vinyl, Carpet
  • Interior Amenities: Furnished, Quartz Counters, Ceiling Fan(s), Programmable Thermostat
  • Living Area: 3140.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: Seller Disclosure
  • Roof: Composition
  • Lot Features: Subdivision
  • Exterior Features: Private Entrance

Garage/Parking

  • Parking Features: Garage

Utilities

  • Utilities: Electricity Available, Water Available
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Fire Alarm
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Schools

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

Green Features

  • Green Indoor Air Qlty: Ventilation

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 12332.0

Multi Family

  • Number Of Units Total: 5

Map

Range of Values:

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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

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
2023 $11,556 $569,657 $175,000 $394,657
2022 $6,222 $264,536 $175,000 $89,536
2021 $4,368 $187,400 $125,000 $62,400
2020 $4,362 $169,637 $93,750 $75,887
2019 $4,101 $153,000 $93,750 $59,250
2018 $3,788 $149,688 $75,000 $74,688
2017 $3,942 $147,184 $75,000 $72,184
2016 $3,232 $120,662 $50,000 $70,662
2015 $2,827 $115,439 $50,000 $65,439
2014 $2,827 $109,985 $37,500 $72,485
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2025 05/08/25 Price Changed $849,995 0.0% $271 / Sq Ft
12/05/2024 12/05/24 For Rent $2,000 0.0% --
11/14/2024 11/14/24 For Sale $899,995 -- $287 / Sq Ft
Source: Houston Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Vendors Lien -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $570,800 New Conventional
Closed $833,000 Stand Alone Second
Source: Public Records

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Source: Houston Association of REALTORS®

MLS Number: 15078902

Houston Association of REALTORS®

APN: 0071260080006