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General Description

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Discover the allure of 1606 Ovid! All 3 units are currently used on Airbnb with great rental income. Live in one and lease the other two! This property offers flexibility for long- or short-term rentals with a meticulously updated main house (3 BR and 3 Bath) and two efficiency units with full restrooms and kitchenettes. This is the perfect house hack with turn key ability and instant income. Conveniently located near downtown and easily accessible via I-10 and I-45, this blend of history and modern living is the perfect investment opportunity while maintaining your perfect inner-loop residence. Don't miss that chance to make this home yours!

MLS#:

89453688 (HAR)

Sold Price Range:

$482,001 - $552,000

Listing Status:

Sold

Address:

1606 Ovid St

City:

Houston

State:

Zip Code:

77007

County:

Harris County

Subdivision:

Fritz (View subdivision price trend)

Legal Description:

TR 1A BLK 1 FRITZ

Property Type:

Multi-Family - Multiple Detached Dw

Stories:

Year Built:

1922 / Appraisal District

Building Sqft.:

1,799 /Appraisal District

Lot Size:

3,168 Sqft. /Appraisal District

Key Map©:

493F

Market Area:

Washington East/Sabine

Rooms/Lot Dimensions

1 Bdr #:

Interior Features

Countertop:

Granite

Floors:

Tile, Vinyl Plank

Cooling:

Central Electric

Heating:

Central Gas

Dishwasher:

Yes

Microwave:

Yes

Compactor:

Disposal:

Yes

Energy Feature:

Ceiling Fans, Insulated/Low-E windows, North/South Exposure, Insulated Doors, Digital Program Thermostat

Exterior Features

Roof:

Composition

Exterior Type:

Cement Board

Lot Description:

Cleared, Other

Parking:

Paved Area

Parking Unit:

One

Front Door Face:

South

Additional Information

List Type:

Exclusive Right to Sell/Lease

Unit Feature:

Fenced Area, Patio, Window Coverings

Buyer Agent Compensation*:

Sub Agent Compensation*:

*Disclaimer: Listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Financial Information

Financing Considered:

Cash Sale, Conventional, FHA, VA

Other Fees:

Maintenance Fee:

Taxes w/o Exemp:

$4, 985/2023

Tax Rate:

2.2019

Selling Agent and Brokerage

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Selling Agent and Broker information is not available.

Property Tax

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Cost/sqft based on Market Value

Tax Year	Cost/sqft	Market Value	Change	Tax Assessment	Change
2023	$286.22	$514,912	150.16%	$226,415	10.00%
2022	$114.41	$205,832	5.48%	$205,832	5.48%
2021	$108.47	$195,141	1.53%	$195,141	1.53%
2020	$106.84	$192,200	-16.69%	$192,200	-16.69%
2019	$128.23	$230,694	35.70%	$230,694	35.70%
2018	$94.50	$170,000	0.00%	$170,000	38.72%
2017	$94.50	$170,000	-16.56%	$122,548	10.00%
2016	$113.25	$203,735	0.00%	$111,408	10.00%
2015	$113.25	$203,735	29.80%	$101,280	10.00%
2014	$87.25	$156,963	87.52%	$92,073	10.00%
2013	$46.53	$83,703	-35.70%	$83,703	-35.70%
2012	$72.36	$130,181		$130,181

2023 Harris County Appraisal District Tax Value

Market Land Value:	$348,480
Market Improvement Value:	$166,432
Total Market Value:	$514,912

harris County Appraisal District

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 %
Total Tax Rate:	2.2019 %

Estimated Mortgage/Tax

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$2,478 Monthly

Estimated Monthly Principal & Interest (Based on the calculation below)	$ 2,062
Estimated Monthly Property Tax (Based on Tax Assessment 2023)	$ 415415
Home Owners Insurance	Get a Quote

List Price

Loan Term

Months

Years

Down Payment

Annual Interest Rate

Estimated Monthly Principal & Interest

Calculate View Amortization Table

Use this mortgage calculator to create and estimate your monthly mortgage payment(principal and interest) and estimates for property taxes(based on past rates).

Subdivision Facts

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2023 Subdivision Facts

Subdivision Name:

Fritz

County / Zip Code:

77007

Single Family Properties:

Average Bedrooms:

2.79

Average Baths:

1.71

Median Square Ft.:

994

Median Lot Square Ft.:

4,391

Median Year Built:

1926

Median Appraised Value:

$487,909

Neighborhood Value Range:

$205 - $742 K

Median Price / Square ft.:

$346.69

View Price Trends for Fritz

Schools

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School 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.