string(19) "houstonarea.har.com" 304 Truman Street, Houston, TX 77018 - HAR.com LoopMe

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4 Bed(s)
3,763 Bldg Sqft.
9,000 Lot Sqft.
Multi-Family - Fourplex
45 Day(s) on HAR.com

General Description

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Beautiful, turnkey investment opportunity in Independence Heights/Garden Oaks! 4 units consisting of one triplex and one cottage. The main house (Unit A) has 4 bedrooms/1 bath. The attached property at the front (Unit B) has 3 bedrooms/1 bath. The third unit (C) in the back of main house has 2 bedrooms/1 bathroom. AND there is a detached cottage (unit D) which has 1 Bedroom/1 bath.All units have separate electric meters and A, B and C were completely remodeled with new central A/C units in 2018. Property D was just rehabbed. The entire property’s electrical was also done in 2018.Potential gross income for all 4 units of $4,300 p/mo. Currently units A & B are rented ($2,800 p/mo.) & 2 just vacated which were bringing in $1,500 p/mo. Water meter is common and paid by owner (average $150 p/mo.) but can easily be split if desired. DO NOT disturb Tenants! Interior shown with an accepted offer; photos are posted.Drive by only, no sign outside.Agent related to Owner. Never flooded.

MLS#:
10080813 (HAR)
Sold Price Range:
$420,001 - $482,000
Listing Status:
Sold
Address:
304 Truman Street
City:
Houston
State:
TX
Zip Code:
County:
Legal Description:
LTS 26 27 & 28 & TRS 1B & 2B BLK 3 OAKRIDGE
Property Type:
Multi-Family - Fourplex
Bedrooms:
4 Bedroom(s)
Stories:
1
Year Built:
1960 / Appraisal District
Building Sqft.:
3,763 /Appraisal District
Lot Size:
9,000 Sqft. /Appraisal District
Key Map©:
452M
Market Area:


Rooms/Lot Dimensions

1 Bdr #:
1
2 Bdr #:
1
3 Bdr #:
1



Interior Features

Floors:
Tile, Vinyl Plank, Wood
Heating:
Central Electric
Cooling:
Central Electric
Energy Feature:
Ceiling Fans, Digital Program Thermostat, Energy Star/CFL/LED Lights, High-Efficiency HVAC


Exterior Features

Roof:
Composition
Exterior Type:
Cement Board
Parking:
Paved Area
Parking Unit:
Two


Additional Information

List Type:
Exclusive Right to Sell/Lease
Buyer Agent Compensation*:
3%
Sub Agent Compensation*:
3%
*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, Investor, VA
Other Fees:
No
Maintenance Fee:
No
Taxes w/o Exemp:
$4, 377/2018
Tax Rate:
2.5304


Property Tax

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Cost/sqft based on Market Value
Tax Year Cost/sqft Market Value Change Tax Assessment Change
2023 $124.58 $468,800 2.11% $468,800 2.11%
2022 $122.00 $459,100 -7.23% $459,100 -7.23%
2021 $131.52 $494,900 4.90% $494,900 4.90%
2020 $125.38 $471,800 13.33% $471,800 13.33%
2019 $110.63 $416,300 140.69% $416,300 140.69%
2018 $45.96 $172,961 11.99% $172,961 11.99%
2017 $41.04 $154,445 0.00% $154,445 0.00%
2016 $41.04 $154,445 8.25% $154,445 8.25%
2015 $37.92 $142,679 5.77% $142,679 5.77%
2014 $35.85 $134,892 3.44% $134,892 3.44%
2013 $34.66 $130,410 36.11% $130,410 36.11%
2012 $25.46 $95,812 $95,812
2023 Harris County Appraisal District Tax Value
Market Land Value: $225,000
Market Improvement Value: $243,800
Total Market Value: $468,800
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 %
Total Tax Rate: 2.0148 %

Estimated Mortgage/Tax

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$2,601 Monthly
Estimated Monthly Principal & Interest (Based on the calculation below) $ 1,814
Estimated Monthly Property Tax (Based on Tax Assessment 2023) $ 787
Home Owners Insurance Get a Quote
$
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Years
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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:
Oakridge
County / Zip Code:
77018
Single Family Properties:
109
Average Bedrooms:
2.89
Average Baths:
2.04
Median Square Ft.:
1,431
Median Lot Square Ft.:
5,000
Median Year Built:
1949
Median Appraised Value:
$234,083
Neighborhood Value Range:
$140 - $522 K
Median Price / Square ft.:
$249.20

View Price Trends for Oakridge

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
Kennedy Elementary School Elementary . EE - 05 . HOUSTON ISD
Good |
Williams Middle School Middle . 06 - 08 . HOUSTON ISD
Average |
Washington B T High School High . 09 - 12 . HOUSTON ISD
Good |

View Nearby Schools

304 Truman Street Houston TX 77018 was recently sold. It is a 3,763 SQFT, 4 Beds, in Oakridge.

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