607 Reed Ave Wharton, TX 77488
Estimated payment $2,224/month
About This Home
Investment opportunity in Wharton, TX, just an hour from Houston. This 4 Plex property is perfect for buyers looking to expand their portfolio in a growing area. Recently replaced roof and separate meters for each unit. Tenants responsible for their own utilities. No HOA.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,310
Year Built
- Built in 1969
Lot Details
- 7,013 Sq Ft Lot
- Cleared Lot
Parking
- 2 Parking Spaces
Home Design
- Quadruplex
- Composition Roof
Interior Spaces
- 3,440 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Laminate Flooring
Schools
- Cg Sivells/Wharton Elementary School
- Wharton Junior High
- Wharton High School
Utilities
- Central Heating and Cooling System
Community Details
- 4 Units
Map
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 | $4,310 | $203,008 | $14,026 | $188,982 |
| 2023 | $4,667 | $198,485 | $11,221 | $187,264 |
| 2022 | $4,303 | $183,023 | $11,221 | $171,802 |
| 2021 | $4,451 | $180,889 | $11,221 | $169,668 |
| 2020 | $4,163 | $167,548 | $7,013 | $160,535 |
| 2019 | $3,976 | $167,548 | $7,013 | $160,535 |
| 2018 | $3,397 | $143,905 | $7,013 | $136,892 |
| 2017 | $3,521 | $149,072 | $7,013 | $142,059 |
| 2016 | $3,059 | $129,763 | $5,610 | $124,153 |
| 2015 | -- | $129,833 | $4,909 | $124,924 |
| 2014 | -- | $129,833 | $4,909 | $124,924 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/03/2025 07/03/25 | For Sale | $350,000 | -- | $102 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | -- | University Title | |
| Warranty Deed | -- | University Title | |
| Deed | -- | Startex Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Capital Title Of Texas Llc | |
| Vendors Lien | -- | None Availabel |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $230,000 | New Conventional | |
| Closed | $210,000 | Construction | |
| Previous Owner | $148,000 | New Conventional | |
| Previous Owner | $150,000 | New Conventional | |
| Previous Owner | $126,750 | Construction | |
| Previous Owner | $57,500 | Seller Take Back |
Source: Houston Association of REALTORS®
MLS Number: 94380612
APN: R022569
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The information provided is exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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