$550,000

Estimated payment $3,518/month

Total Views 250
1 Bed
1 Bath
4,447 Sq Ft
$124 Price per Sq Ft

Highlights

  • 14,760 Sq Ft lot
  • Central Heating and Cooling System
  • 1-Story Property
  • Tile Flooring
  • Ceiling Fan

About This Home

Welcome to 7930 Ritz Street #16, located in the Liberty Road Manor subdivision—an excellent investment opportunity in the heart of Houston. This 4,447 SF multifamily property sits on a 14,760 SF lot and features 16 studio units, each approximately 280 SF. Originally built in 1975, the building includes a community laundry room and office space, offering potential for conversion into additional income-generating units. With ample parking, professional management, and easy access to major highways, public transportation, and nearby amenities, this property is positioned for long-term growth and consistent occupancy. Don’t miss your chance to invest in a value-add opportunity in one of Houston’s established communities!

Listing Agent

Adam Olsen

eXp Realty, LLC License #0642075 Listed on: 06/17/2025

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,444

Year Built

  • Built in 1975

Lot Details

  • 0.34 Acre Lot
  • Cleared Lot

Parking

  • Paved Parking

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 4,447 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

  • Elmore Elementary School
  • Key Middle School
  • Kashmere High School

Utilities

  • Central Heating and Cooling System

Community Details

  • 16 Units
  • Liberty Road Manor Sec 18 Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,444

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Directions: From I-45 S, take I-610 E, then exit 24B for US-90 ALT E. Continue on US-90 ALT E, exit N Wayside Dr, and turn right. Go about 1 mile, then turn left onto Ritz St. Continue a short distance to reach 7930 Ritz St #16.
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Building Stories: 1
  • Year Built: 1975
  • Subdivision Name: Liberty Road Manor Sec 18
  • Unit Levels: One
  • New Construction: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile, Vinyl
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 4447.0

Exterior Features

  • Disclosures: Seller Disclosure
  • Roof: Composition
  • Lot Features: Cleared
  • Construction Type: Brick

Garage/Parking

  • Parking Features: Paved

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Schools

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

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5444.0

Multi Family

  • Number Of Units Total: 16

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2023 $5,360 $266,016 $88,560 $177,456
2022 $4,835 $219,600 $88,560 $131,040
2021 $3,593 $154,168 $29,520 $124,648
2020 $3,773 $155,788 $29,520 $126,268
2019 $4,109 $162,388 $29,520 $132,868
2018 $3,797 $150,035 $29,520 $120,515
2017 $3,503 $138,555 $22,140 $116,415
2016 $3,538 $139,914 $22,140 $117,774
2015 $3,393 $140,075 $22,140 $117,935
2014 $3,393 $132,000 $22,140 $109,860
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2025 06/17/25 For Sale $550,000 -- $124 / Sq Ft
Source: Houston Association of REALTORS®

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Source: Houston Association of REALTORS®

MLS Number: 4613338

Houston Association of REALTORS®

APN: 0300180180013