7425 Avenue E Houston, TX 77011
Magnolia Park NeighborhoodEstimated payment $2,375/month
Total Views
9,226
5
Beds
5
Baths
2,665
Sq Ft
$131
Price per Sq Ft
Highlights
- Cooling System Powered By Gas
- Central Heating and Cooling System
- 1-Story Property
About This Home
This income-generating fourplex is a true CASH COW! perfect for investors seeking steady returns or first-time buyers looking to build wealth through real estate. Strategically located in a high-demand rental area, it boasts long-term tenants, strong occupancy rates, and impressive cash flow. Both 1 bed/1 bath units are rented out ($950 each) already with a 1 yr lease. 3 bed/1 bath unit has been recently rented out for $1,100 w/ 1 yr lease. 1 bed/1 bath unit can be rented out $950+. This multi-family property can bring in $4K+ a month. This property is a reliable revenue stream for seasoned investors or those starting their portfolio. Don’t miss out on this money-making gem that combines location, stability, and profitability in one incredible investment opportunity!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,650
Year Built
- Built in 1930
Lot Details
- 5,000 Sq Ft Lot
Home Design
- Quadruplex
- Composition Roof
Interior Spaces
- 2,665 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Full Bathrooms
Schools
- Gallegos Elementary School
- Edison Middle School
- Austin High School
Utilities
- Cooling System Powered By Gas
- Central Heating and Cooling System
- Heating System Uses Gas
Community Details
- 4 Units
- Magnolia Park Sec 02 Subdivision
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 | $5,272 | $251,982 | $75,000 | $176,982 |
| 2023 | $5,272 | $219,205 | $75,000 | $144,205 |
| 2022 | $4,303 | $157,000 | $60,000 | $97,000 |
| 2021 | $4,182 | $179,431 | $40,000 | $139,431 |
| 2020 | $3,857 | $150,000 | $40,000 | $110,000 |
| 2019 | $3,485 | $130,000 | $37,500 | $92,500 |
| 2018 | $2,325 | $91,895 | $31,750 | $60,145 |
| 2017 | $2,461 | $91,895 | $31,750 | $60,145 |
| 2016 | $2,461 | $91,895 | $31,750 | $60,145 |
| 2015 | $2,223 | $91,895 | $31,750 | $60,145 |
| 2014 | $2,223 | $86,483 | $31,750 | $54,733 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/29/2025 07/29/25 | For Sale | $350,000 | 0.0% | $131 / Sq Ft |
| 07/08/2025 07/08/25 | Pending | -- | -- | -- |
| 06/16/2025 06/16/25 | Price Changed | $350,000 | -6.7% | $131 / Sq Ft |
| 05/19/2025 05/19/25 | Price Changed | $375,000 | -3.6% | $141 / Sq Ft |
| 04/29/2025 04/29/25 | Price Changed | $389,000 | -1.5% | $146 / Sq Ft |
| 03/24/2025 03/24/25 | For Sale | $395,000 | 0.0% | $148 / Sq Ft |
| 12/11/2024 12/11/24 | Rented | $950 | 0.0% | -- |
| 11/18/2024 11/18/24 | Under Contract | -- | -- | -- |
| 10/29/2024 10/29/24 | For Rent | $950 | -- | -- |
Source: Houston Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | -- | Tradition Title Co | |
| Vendors Lien | -- | Tradition Title Co | |
| Vendors Lien | -- | American Title Company | |
| Special Warranty Deed | -- | Atc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $280,000 | New Conventional | |
| Previous Owner | $500,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $88,000 | Purchase Money Mortgage | |
| Previous Owner | $69,375 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in Houston, TX
Source: Houston Association of REALTORS®
MLS Number: 90756951
APN: 0251300000011
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