NOT LISTED FOR SALE

500 S Austin Rd Eagle Lake, TX 77434

Estimated Value: $188,000 - $335,000

1 Bed
1 Bath
2,209 Sq Ft
$118/Sq Ft Est. Value

Last Sold April 29, 2022

Current estimated payment $1,600/month

96 Days on Market

Highlights

  • 115,390 Sq Ft lot
  • 1-Story Property
  • Window Unit Heating System
  • Window Unit Cooling System

About This Home

As of April 2022

Income producing potential. 4 Units with Living/Dining space, separate window A/C and heat units. Updated appliances and flooring. Good location near hospital and grocery store. 4-Plex sits on 2.649 acres and zoned multi-family. All units currently filled. All units are dry and secure at this time. aerial lot measure is approximately. Drive by only Please do not Disturb the tenants. SELLER FINANCE!

Last Agent to Sell the Property

Milagros Mancia

RA Brokers License #0558049 Listed on: 01/05/2022

RA Brokers

Last Buyer's Agent

Tina Herrera

LPT Realty, LLC License #0642835

LPT Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,224

Year Built

  • Built in 1982

Lot Details

  • 2.65 Acre Lot

Parking

  • 1 Parking Space

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 2,209 Sq Ft Home
  • 1-Story Property
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

  • Eagle Lake Intermediate School
  • Rice Junior High School
  • Rice High School

Utilities

  • Window Unit Cooling System
  • Window Unit Heating System
  • Cable TV Available

Community Details

Overview

  • 4 Units
  • Eagle Lake Subdivision

Building Details

  • Operating Expense $366

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,224

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Directions: From Eagle Lake travel west on Hwy 90A. Turn right on Austin Road. Property will be on the right side of Austin immediately after Rice Medical Center. Property does not have Austin Road Frontage.
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Year Built: 1982
  • Subdivision Name: Eagle Lake
  • Architectural Style: Fourplex
  • Unit Levels: One
  • New Construction: No
  • Property Sub Type Additional: Quadruplex
  • Special Features: None

Interior Features

  • Appliances: Disposal, Refrigerator
  • Other Equipment: Satellite Dish
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 2209.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: Seller Disclosure
  • Roof: Composition

Utilities

  • Utilities: Cable Available, Electricity Available, Water Available
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window Unit
  • Heating Yn: Yes

Schools

  • Elementary School: EAGLE LAKE INTERMEDIATE SCHOOL
  • Junior High Dist: 161 - Rice Consolidated
  • High School: RICE HIGH SCHOOL (RICE CISD)
  • Middle Or Junior School: RICE JUNIOR HIGH SCHOOL (RICE CISD)

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2224.0

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 366.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2022
Closed on
Apr 29, 2022
Sold by
Gonzalez and Angelica
Bought by
Ekeada Okechikere Chidiebere
Seller's Agent
Milagros Mancia
RA Brokers
Buyer's Agent
Tina Herrera
LPT Realty, LLC
List Price
$235,000
Current Estimated Value
$261,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.17%
Original Mortgage
$171,750
Outstanding Balance
$163,177
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$99,323

Purchase Details

Closed on
Nov 17, 2016
Sold by
Frantz Christopher J
Bought by
Gonzalez Manolo and Gonzalez Angelica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,250
Interest Rate
3.42%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Ekeada Okechikere Chidiebere -- None Listed On Document
Gonzalez Manolo -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ekeada Okechikere Chidiebere $171,750
Previous Owner Gonzalez Manolo $56,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2022 04/29/22 Sold -- -- --
04/11/2022 04/11/22 Pending -- -- --
03/27/2022 03/27/22 For Sale $235,000 0.0% $106 / Sq Ft
02/15/2022 02/15/22 Pending -- -- --
01/05/2022 01/05/22 For Sale $235,000 -- $106 / 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
2024 $2,126 $166,040 $105,960 $60,080
2023 $1,830 $79,950 $19,870 $60,080
2022 $2,191 $87,760 $19,870 $67,890
2021 $2,316 $87,760 $19,870 $67,890
2020 $2,323 $87,820 $19,870 $67,950
2019 $2,305 $86,010 $19,870 $66,140
2018 $2,249 $84,810 $19,870 $64,940
2017 $1,971 $73,380 $13,250 $60,130
2016 $1,176 $43,770 $13,250 $30,520
2015 -- $43,770 $13,250 $30,520
2014 -- $44,560 $13,250 $31,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 47601354

Houston Association of REALTORS®

APN: 13536