Seller's Agent in 2025
David Gutierrez
Prime Realty Group
(713) 584-5506
1 in this area
61 Total Sales
Presenting a prime investment opportunity in Houston's vibrant Lawndale - Wayside neighborhood, this partially renovated 8-unit multifamily complex at 5609 Leeland Street offers immediate rental income with all units currently 100% leased. Property Highlights include six 1/1 and 2 2/1. Recently renovated.
Situated minutes from Interstate 45 and downtown Houston, residents have convenient access to the University of Houston, dining, shopping, and entertainment options
The property operates as a fully leased asset. With 1-bedroom units renting at approximately $884 per month and 2-bedroom units at higher rates, reflecting the area's rental market. This well-maintained, income-producing property offers investors a stable return and potential for future appreciation in a sought-after Houston location.
Last Agent to Sell the Property
Prime Realty Group License #0624317 Listed on: 03/10/2025
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/30/2025 09/30/25 | Sold | -- | -- | -- |
| 07/23/2025 07/23/25 | Pending | -- | -- | -- |
| 03/10/2025 03/10/25 | For Sale | $799,999 | -- | $124 / Sq Ft |
| 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 | $10,985 | $546,942 | $45,000 | $501,942 |
| 2024 | $10,985 | $525,000 | $45,000 | $480,000 |
| 2023 | $10,985 | $538,156 | $45,000 | $493,156 |
| 2022 | $10,584 | $450,000 | $45,000 | $405,000 |
| 2021 | $9,206 | $395,000 | $45,000 | $350,000 |
| 2020 | $10,029 | $390,000 | $45,000 | $345,000 |
| 2019 | $9,382 | $350,000 | $45,000 | $305,000 |
| 2017 | $5,482 | $204,679 | $37,500 | $167,179 |
| 2016 | $5,496 | $205,176 | $37,500 | $167,676 |
Seller's Agent in 2025
David Gutierrez
Prime Realty Group
(713) 584-5506
1 in this area
61 Total Sales
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Buyer's Agent in 2025
Kristie Hernandez
Keller Williams Realty Metropolitan
(713) 621-8001
1 in this area
37 Total Sales
Source: Houston Association of REALTORS®
MLS Number: 7247516