NOT LISTED FOR SALE

Estimated Value: $276,000 - $313,819

2 Beds
1 Bath
4,320 Sq Ft
$68/Sq Ft Est. Value

Last Sold April 09, 2025

Current estimated payment $2,143/month

16 Days on Market

Highlights

  • Community Playground
  • Central Heating and Cooling System
  • Wood Siding
  • Tile Flooring
  • Partially Fenced Property
  • 1-Story Property

About This Home

As of April 2025

Alright, investors, let's talk real estate! Cash flow opportunity knocking in Northeast Houston! We've got a 6-unit property, 3 duplexes, currently generating income with tenants in place. Yes, it needs some TLC, some maintenance – that's where YOU come in! This is a classic value-add play, ripe for maximizing returns.
Here's the breakdown:
Existing Income: Start generating cash flow from day one with current tenants.
Prime Location: Northeast Houston, with easy access to bus lines, parks, schools, shopping, and restaurants – a tenant's dream!
Value-Add Potential: This property is a blank canvas for your vision. Strategic upgrades and renovations will boost your returns.
Solid Investment: Three duplexes mean a strong foundation for your portfolio.
This is for those investors ready to roll up their sleeves and create wealth! Don't let this opportunity pass you by. Contact me today to schedule a showing and let's turn this property into a cash-generating machine!

Last Agent to Sell the Property

Todd Knudson

RE/MAX Southwest License #0642480 Listed on: 02/28/2025

RE/MAX Southwest

Last Buyer's Agent

Hiren Patani

Om Realty Group License #0716329

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,421

Year Built

  • Built in 1960

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 203x54
  • Partially Fenced Property

Home Design

  • Brick Exterior Construction
  • Slate Roof
  • Wood Siding
  • Cement Siding

Interior Spaces

  • 4,320 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer Hookup

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Paved Parking

Schools

  • Isaacs Elementary School
  • Key Middle School
  • Kashmere High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Community Details

Overview

  • Liberty Gardens Sec 01 Subdivision

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,421

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Directions: From 610 E. Exit Lockwood turn right onto Lockwook. At Calvacade turn left. location will be on your left just past Englewood St. 6unit 3 duplexes.
  • Property Sub Type: Detached
  • Prop. Type: Residential Income
  • Building Stories: 1
  • Year Built: 1960
  • Lot Size: 203X54
  • Subdivision Name: Liberty Gardens Sec 01
  • Unit Levels: One
  • New Construction: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Laminate, Tile
  • Living Area: 4320.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: None
  • Roof: Slate
  • Fencing: Partial
  • Lot Features: Other, Subdivision
  • Construction Type: Brick, Cement Siding, Wood Siding

Garage/Parking

  • Parking Features: Paved

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Water Available
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Playground

Schools

  • Elementary School: ISAACS ELEMENTARY SCHOOL
  • Junior High Dist: 27 - Houston
  • High School: KASHMERE HIGH SCHOOL
  • Middle Or Junior School: KEY MIDDLE SCHOOL

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6421.0

Multi Family

  • Number Of Units Total: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2025
Closed on
Apr 8, 2025
Sold by
Gravity Capital Llc and Gravity Segregation Llc
Bought by
Rino Real Estate Investments Llc
Seller's Agent
Todd Knudson
RE/MAX Southwest
Buyer's Agent
Hiren Patani
Om Realty Group
List Price
$320,000
Views
186
Current Estimated Value
$293,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.20%
Original Mortgage
$220,000
Outstanding Balance
$220,000
Interest Rate
6.76%
Mortgage Type
Construction
Estimated Equity
$71,455

Purchase Details

Closed on
Jan 19, 2024
Sold by
Canon Patrick
Bought by
Gravity Funding Llc

Purchase Details

Closed on
Apr 11, 2022
Sold by
Smithcorm And Smithcorm Llp
Bought by
Gipson Remodeling Construction Company Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,001
Interest Rate
4.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2007
Sold by
Cormier Elbert
Bought by
Smithcorm
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
Rino Real Estate Investments Llc -- Capital Title
Gravity Funding Llc $175,002 None Listed On Document
Gipson Remodeling Construction Company Llc -- Great American Title
Smithcorm -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rino Real Estate Investments Llc $220,000
Previous Owner Gipson Remodeling Construction Company Llc $1,000,001
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2025 04/09/25 Sold -- -- --
03/16/2025 03/16/25 Pending -- -- --
02/28/2025 02/28/25 For Sale $320,000 -- $74 / 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 $6,668 $318,690 $68,900 $249,790
2023 $6,668 $324,333 $68,900 $255,433
2022 $5,938 $269,662 $53,000 $216,662
2021 $4,792 $205,627 $26,500 $179,127
2020 $4,038 $166,759 $26,500 $140,259
2019 $2,530 $137,435 $18,550 $118,885
2018 $2,526 $100,000 $18,550 $81,450
2017 $2,529 $109,597 $18,550 $91,047
2016 $2,099 $83,000 $13,780 $69,220
2015 -- $78,440 $6,890 $71,550
2014 -- $78,440 $6,890 $71,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 47200885

Houston Association of REALTORS®

APN: 0690630090178