5829 Hartwick Rd Houston, TX 77016
East Little York NeighborhoodEstimated payment $4,188/month
Total Views
1,509
3
Beds
3
Baths
2,528
Sq Ft
$235
Price per Sq Ft
About This Home
TRIPLEX INVESTMENT OPPORTUNITY – Fully LeasedTurnkey income-producing property in Houston featuring two modern duplex units (built 2019) and one single-family residence (built 2021). Each duplex unit includes 2 beds, 2.5 baths, and 3 parking spaces. The single-family home offers 3 beds, 3 baths, and 6 parking spaces. All units are fully occupied with tenants on annual leases. Enjoy quality construction, contemporary finishes, and a solid 10.8% IRR. Property is sold as-is with 100% occupancy and professional financial analysis, factoring in vacancy and capital reserves. Ideal for investors seeking stable cash flow, minimal maintenance, and long-term growth potential in a high-demand rental market.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,820
Year Built
- Built in 2019
Lot Details
- 9,169 Sq Ft Lot
Home Design
- Triplex
- Composition Roof
Interior Spaces
- 2,528 Sq Ft Home
- 2-Story Property
Kitchen
- Microwave
- Trash Compactor
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Parking
- 2 Parking Spaces
- Electric Gate
Schools
- Marshall Elementary School
- Forest Brook Middle School
- North Forest High School
Utilities
- Central Heating and Cooling System
- Heating System Uses Gas
- Cable TV Available
Community Details
Overview
- 3 Units
- Edgeworth Place Sec 02 Subdivision
Building Details
- Operating Expense $18,409
- Gross Income $59,591
- Net Operating Income $40,629
Map
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Home Values in the Area
Average Home Value in this Area
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 | $10,820 | $517,105 | $41,141 | $475,964 |
| 2023 | $10,820 | $550,000 | $41,141 | $508,859 |
| 2022 | $8,411 | $381,993 | $27,428 | $354,565 |
| 2021 | $7,341 | $314,968 | $27,428 | $287,540 |
| 2020 | $5,566 | $229,830 | $15,428 | $214,402 |
| 2019 | $573 | $22,638 | $15,428 | $7,210 |
| 2018 | $330 | $13,028 | $13,028 | $0 |
| 2017 | $329 | $13,028 | $13,028 | $0 |
| 2016 | $329 | $13,028 | $13,028 | $0 |
| 2015 | $335 | $13,028 | $13,028 | $0 |
| 2014 | $335 | $13,028 | $13,028 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/15/2025 06/15/25 | For Sale | $595,000 | -- | $235 / Sq Ft |
Source: Houston Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Sheriffs Deed | $3,200 | None Available | |
| Sheriffs Deed | -- | None Available |
Source: Public Records
Similar Homes in the area
Source: Houston Association of REALTORS®
MLS Number: 86713506
APN: 0760520080181
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