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General Description

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A true gem full of 1930's character with today's comfort! This fourplex property has multiple use possibilities with a potential income of $5,500+ monthly. There are 2 large (2,523 sq. ft.) 3 bedroom,2 bath units,1-bedroom/1bath w/study,& 1-bedroom/1bath garage apt. Each 3-bedroom unit boasts Inviting entries,Stately family room w/fireplace and vaulted wood beam ceilings,gleaming hardwoods,large windows w/french doors(downstairs),spacious bedrooms, charming kitchen, separate breakfast and dining areas with built-ins,Central Air & Heat, plus washer/dryer connections. Conveniently located in the heart of the city near Downtown, TMC, Museums, Parks, Universities,Restaurants, and shopping. Appointments are required! Please DO NOT DISTURB the tenants.

MLS#:

21374857 (HAR)

Sold Price Range:

$627,001 - $717,000

Listing Status:

Sold

Address:

2318 Arbor Street

City:

Houston

State:

Zip Code:

77004

County:

Harris County

Subdivision:

Riverside Terrace Sec 01 (View subdivision price trend)

Legal Description:

LT 11 BLK 9 RIVERSIDE TERRACE SEC 1

Property Type:

Multi-Family - Fourplex

Stories:

Year Built:

1930 / Appraisal District

Building Sqft.:

5,445 /Appraisal District

Lot Size:

7,200 Sqft. /Appraisal District

Key Map©:

533B

Market Area:

University Area

Interior Features

Floors:

Carpet, Tile, Wood

Cooling:

Central Electric, Central Gas

Heating:

Central Electric, Central Gas

Disposal:

Yes

Dishwasher:

Yes

Exterior Features

Roof:

Other

Exterior Type:

Brick & Wood

Lot Description:

Cleared, Corner

Unit Location:

Cleared, Corner

Additional Information

List Type:

Exclusive Right to Sell/Lease

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, Investor

Other Fees:

Maintenance Fee:

Taxes w/o Exemp:

$9, 201/2018

Tax Rate:

2.6454

Selling Agent and Brokerage

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Selling Agent

Member of Michael Realty Group

Robbin Jones

Click to view phone

Selling Broker

Michael Group Realty LLC

7 Switch Bud Suite 145
The Woodlands, TX 77380

Want to know how much is this home worth?

Request Home Value

Property Tax

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Cost/sqft based on Market Value

Tax Year	Cost/sqft	Market Value	Change	Tax Assessment	Change
2023	$148.10	$806,400	19.91%	$665,621	10.00%
2022	$123.51	$672,500	22.25%	$605,110	10.00%
2021	$101.03	$550,100	58.17%	$550,100	58.17%
2020	$63.88	$347,800	0.00%	$347,800	0.00%
2019	$63.88	$347,800	0.00%	$347,800	0.00%
2018	$63.88	$347,800	0.00%	$347,800	0.00%
2017	$63.88	$347,800	6.49%	$347,800	8.32%
2016	$59.98	$326,600	0.00%	$321,078	11.92%
2015	$59.98	$326,600	34.46%	$286,870	27.68%
2014	$44.61	$242,900	18.92%	$224,675	10.00%
2013	$37.51	$204,250	0.00%	$204,250	0.00%
2012	$37.51	$204,250		$204,250

2023 Harris County Appraisal District Tax Value

Market Land Value:	$192,975
Market Improvement Value:	$613,425
Total Market Value:	$806,400

harris County Appraisal District

2023 Tax Rates

HOUSTON ISD:	0.8683 %
HARRIS COUNTY:	0.3501 %
HC FLOOD CONTROL DIST:	0.0311 %
PORT OF HOUSTON AUTHORITY:	0.0057 %
HC HOSPITAL DIST:	0.1434 %
HC DEPARTMENT OF EDUCATION:	0.0048 %
HOUSTON COMMUNITY COLLEGE:	0.0922 %
HOUSTON CITY OF:	0.5192 %
GREATER SE MGMT DIST:	0.1150 %
Total Tax Rate:	2.1298 %

Estimated Mortgage/Tax

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$3,702 Monthly

Estimated Monthly Principal & Interest (Based on the calculation below)	$ 2,521
Estimated Monthly Property Tax (Based on Tax Assessment 2023)	$ 1,1811,181
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:

Riverside Terrace (Houston)

County / Zip Code:

77021

Single Family Properties:

1,373

Average Bedrooms:

3.47

Average Baths:

2.74

Median Square Ft.:

2,428

Median Lot Square Ft.:

9,000

Median Year Built:

1950

Median Appraised Value:

$355,202

Neighborhood Value Range:

$168 - $729 K

Median Price / Square ft.:

$180.48

View Price Trends for Riverside Terrace (houston)

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.

ASSIGNED SCHOOLS

Lockhart Elementary School Elementary . PK - 05 . HOUSTON ISD

Good |

Cullen Middle School Middle . 06 - 08 . HOUSTON ISD

Average |

Yates High School High . 09 - 12 . HOUSTON ISD
|

View Nearby Schools ↓

Property Map

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2318 Arbor Street, Houston, TX 77004 Directions

Nearby places and schools.

Street View Birds Eye View

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2318 Arbor Street Houston TX 77004 was recently sold. It is a 5,445 SQFT, in Riverside Terrace Sec 01.