NOT LISTED FOR SALE

Estimated Value: $395,413

0.34 Acre
$1,148,121 Price per Acre
15,002 Sq Ft Lot

Last Sold December 01, 2023

Current estimated payment $2,954/month

66 Days on Market

About This Lot

As of December 2023

Great Investor Opportunity!! This is your chance to own a business on one of the fastest growing areas in Houston. Lot is 15,000 sqft and it has a 7,200 sqft building. Many new construction developments already in the area and is in high demand. Commercial development in the area also on the rise. Minutes away from the Texas Medical Center, NRG Stadium, Hermann Park, Downtown Houston, Levitt Green and HEB. Water, gas, & electricity already on the property. No HOA! Commercial building with numerous opportunities! Bring your business and ideas! Listed $90,000 below HCAD value, instant equity opportunity.

Last Agent to Sell the Property

Elmer Salamanca

Houston House of Realty, LLC License #0770542 Listed on: 09/25/2023

Last Buyer's Agent

Michael Holmes

Houston House of Realty, LLC License #0697576

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,587

Lot Details

  • 0.34 Acre Lot
  • Cleared Lot

Schools

  • Peck Elementary School
  • Cullen Middle School
  • Yates High School

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • Grand Park Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$8,587

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.3444
  • Subdivision Name: Grand Park
  • UniversalParcelId: urn:reso:upi:2.0:US:48201:057-274-003-0004
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Other

Exterior Features

  • Disclosures: Owner Is Listing Agent
  • Lot Features: Cleared, Other

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: PECK ELEMENTARY SCHOOL
  • Junior High Dist: 27 - Houston
  • High School: YATES HIGH SCHOOL
  • Middle Or Junior School: CULLEN MIDDLE SCHOOL (HOUSTON)

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8587.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2025
Sold by
Ceterre Holdings Llc
Bought by
Hoop Nation Family
Current Estimated Value
$395,413

Purchase Details

Closed on
Sep 8, 2023
Sold by
Roomco Inc
Bought by
Ceterre Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,000
Interest Rate
6.81%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hoop Nation Family -- None Listed On Document
Ceterre Holdings Llc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ceterre Holdings Llc $41,000
Previous Owner Ceterre Holdings Llc $259,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2023 12/01/23 Sold -- -- --
10/30/2023 10/30/23 Price Changed $420,000 -6.7% --
10/13/2023 10/13/23 Price Changed $450,000 -6.3% --
09/25/2023 09/25/23 For Sale $480,000 -- --
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
2025 $10,395 $520,892 $270,000 $250,892
2024 $10,395 $496,823 $255,000 $241,823
2023 $10,395 $569,405 $255,000 $314,405
2022 $8,587 $390,000 $210,000 $180,000
2021 $8,106 $347,788 $135,000 $212,788
2020 $5,046 $208,394 $86,250 $122,144
2019 $4,560 $180,211 $86,250 $93,961
2018 $4,404 $174,052 $75,000 $99,052
2017 $4,204 $166,259 $60,000 $106,259
2016 $4,037 $159,636 $56,250 $103,386
2015 $3,148 $137,454 $37,500 $99,954
2014 $3,148 $122,470 $37,500 $84,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 97671143

Houston Association of REALTORS®

APN: 0572740030004