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General Description
minimizeOFFICIAL ARV $710,000 upon proper stabilization Located in a Prime Area for Investment. Houston’s East End minutes away from The East River Project, EADO, Downtown, University of Houston, Texas Medical Center and much more Build Equity & Cash Flow upon stabilization! 6 Units (4Plex+2 SFH) with Unit mix = 2 SFH Units (2x1) & 4Plex Units (1x1) 4Plex: 2,220sf, SFH: 785sf & SFH: 720sf Ample surface parking Electric/Gas separately Metered. City Garbage Collection Growing demand in the Real Estate market of this area. The local apartment submarket indicates stable occupancy with increasing rental rates. New residential and commercial developments in the immediate area
Rooms/Lot Dimensions
Interior Features
Exterior Features
Additional Information
Financial Information
Selling Agent and Brokerage
minimizeProperty Tax
minimizeMarket Value Per Appraisal District
Cost/sqft based on Market Value
| Tax Year | Cost/sqft | Market Value | Change | Tax Assessment | Change |
|---|---|---|---|---|---|
| 2023 | $112.65 | $419,630 | 52.97% | $419,630 | 52.97% |
| 2022 | $73.64 | $274,323 | 57.24% | $274,323 | 57.24% |
| 2021 | $46.84 | $174,461 | 8.62% | $174,461 | 8.62% |
| 2020 | $43.12 | $160,615 | 1.20% | $160,615 | 1.20% |
| 2019 | $42.61 | $158,711 | 6.69% | $158,711 | 6.69% |
| 2018 | $39.94 | $148,763 | $148,763 |
2023 Harris County Appraisal District Tax Value
| Market Land Value: | $112,500 |
| Market Improvement Value: | $307,130 |
| Total Market Value: | $419,630 |
2023 Tax Rates
| HOUSTON ISD: | 1.0372 % |
| HARRIS COUNTY: | 0.3437 % |
| HC FLOOD CONTROL DIST: | 0.0306 % |
| PORT OF HOUSTON AUTHORITY: | 0.0080 % |
| HC HOSPITAL DIST: | 0.1483 % |
| HC DEPARTMENT OF EDUCATION: | 0.0049 % |
| HOUSTON COMMUNITY COLLEGE: | 0.0956 % |
| HOUSTON CITY OF: | 0.5336 % |
| GREATER EAST END MGMT: | 0.1500 % |
| Total Tax Rate: | 2.3519 % |
Estimated Mortgage/Tax
minimize| Estimated Monthly Principal & Interest (Based on the calculation below) | $ 1,642 |
| Estimated Monthly Property Tax (Based on Tax Assessment 2023) | $ 822 |
| Home Owners Insurance | Get a Quote |
Subdivision Facts
minimize2023 Subdivision Facts
Schools
minimizeSchool information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
ASSIGNED SCHOOLS
Good |
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Property Map
minimize7301 Sherman St #6 Houston TX 77011 was recently sold. It is a 3,725 SQFT, in Magnolia Park Sec 02.
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