NOT LISTED FOR SALE

Estimated Value: $276,000 - $328,000

6 Beds
3 Baths
2,327 Sq Ft
$129/Sq Ft Est. Value

Last Sold February 25, 2022

Current estimated payment $2,045/month

46 Days on Market

Highlights

  • Window Unit Cooling System
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of February 2022

Great Investment Opportunity! This triplex is the investor's dream! FULLY leased out for a total rental income of $3,115 (Unit A is $1000 plus (150 utilities), Unit B is $870 plus (100 utilities), Unit C is $995 (utilities included), no HOA, No Flood Area, and low yearly taxes for a more attractive CAP rate!. Each unit features 2 Bedrooms and 1 Bath. All 3 homes have been beautifully updated in 2019 and 2020, NEW Roof installed in 2021, NEW PEX plumbing throughout 2020, NEW electrical throughout 2020. Spacious 9060 sqft lot. Just minutes away from the George Bush Airport. Easy access to 59 and Beltway 8!! Don’t miss out on the great opportunity! Schedule your showing TODAY! Property selling AS-IS. Feel free to drive by but please DO NOT DISTURB TENANTS! Unit A and B are month to month and tenants are willing to sign long term leases, Unit C is leased until June 30, 2022

Last Agent to Sell the Property

Jhoana Olarte Vargas

PAK Home Realty License #0679019 Listed on: 01/03/2022

Last Buyer's Agent

Catherine Romero

eXp Realty LLC License #0767292

eXp Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,699

Year Built

  • Built in 1960

Lot Details

  • 9,060 Sq Ft Lot

Home Design

  • Triplex
  • Composition Roof

Interior Spaces

  • 2,327 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Schools

  • Francis Elementary School
  • Jones Middle School
  • Nimitz High School

Utilities

  • Window Unit Cooling System
  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Window Unit Heating System

Community Details

  • 3 Units
  • Humble Estates Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,699

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Directions: Turn onto Lee Rd off of Beltway 8, then right onto Albert Dr
  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Year Built: 1960
  • Subdivision Name: Humble Estates
  • Unit Levels: One
  • New Construction: No
  • Property Sub Type Additional: Triplex
  • Special Features: VirtualTour

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Flooring: Tile
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 2327.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: Seller Disclosure
  • Roof: Composition
  • Lot Features: Other
  • Construction Type: Other

Utilities

  • Cooling: Central Air, Electric, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Gas, Window Unit
  • Heating Yn: Yes

Schools

  • Elementary School: FRANCIS ELEMENTARY SCHOOL
  • Junior High Dist: 1 - Aldine
  • High School: NIMITZ HIGH SCHOOL (ALDINE)
  • Middle Or Junior School: JONES MIDDLE SCHOOL (ALDINE)

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3699.0

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2022
Closed on
Feb 25, 2022
Sold by
K9tx Llc
Bought by
Xu Tianlai
Seller's Agent
Jhoana Olarte Vargas
PAK Home Realty
Buyer's Agent
Catherine Romero
eXp Realty LLC
List Price
$300,000
Current Estimated Value
$300,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.06%
Original Mortgage
$232,640
Outstanding Balance
$216,844
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$83,839

Purchase Details

Listed on
Oct 2, 2020
Closed on
Dec 10, 2020
Sold by
Lu Ling-Chun
Bought by
K9tx Llc and K9tx Llc-5835 Albert Drive Series
Seller's Agent
Aaron Jistel
Listing Spark
Buyer's Agent
Jhoana Olarte Vargas
PAK Home Realty
List Price
$249,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.12%
Original Mortgage
$164,250
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 2, 2020
Closed on
Nov 20, 2020
Sold by
Casflo Investments Llc
Bought by
Lu Ling Chun
Seller's Agent
Aaron Jistel
Listing Spark
Buyer's Agent
Jhoana Olarte Vargas
PAK Home Realty
List Price
$249,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,250
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2019
Sold by
Benitez Stephanie and Felan Stephanie
Bought by
Casflo Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2017
Sold by
Felan Mary Ann and Felan Esther M
Bought by
Felan Stephanie and Benitez Stephanie
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
Xu Tianlai -- None Listed On Document
K9tx Llc -- None Listed On Document
Lu Ling Chun -- None Available
Casflo Investments Llc -- Alamo Title Company
Felan Stephanie -- None Available
Felan Stephanie -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xu Tianlai $232,640
Previous Owner Lu Ling Chun $164,250
Previous Owner Casflo Investments Llc $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2022 02/25/22 Sold -- -- --
02/18/2022 02/18/22 Pending -- -- --
01/03/2022 01/03/22 For Sale $300,000 +20.5% $129 / Sq Ft
11/20/2020 11/20/20 Sold -- -- --
10/21/2020 10/21/20 Pending -- -- --
10/02/2020 10/02/20 For Sale $249,000 -- $110 / 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 $5,042 $226,009 $63,420 $162,589
2023 $5,042 $185,132 $63,420 $121,712
2022 $3,666 $152,853 $33,975 $118,878
2021 $3,646 $145,143 $31,710 $113,433
2020 $3,309 $125,347 $31,710 $93,637
2019 $3,169 $114,522 $18,120 $96,402
2018 $1,644 $114,522 $18,120 $96,402
2017 $3,038 $114,522 $18,120 $96,402
2016 $1,287 $114,522 $18,120 $96,402
2015 -- $44,105 $13,590 $30,515
2014 -- $44,105 $13,590 $30,515
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 54073220

Houston Association of REALTORS®

APN: 0731850000473