All Photos
General Description
minimizeWelcome to Memel Street Fourplex! Great opportunity as investment fourplex for investor/handyman or rehab project for buyer(s) looking to bring it to tip-top shape. Four separate units with potential for income-generation from all four units after remodel. The first and second units (blue houses) are livable and are currently being rented to tenants (month-to-month); need some TLC and updating. The third and fourth units (beige houses) need complete rehab/remodel. First unit is a 2 bed/1.5 bath with 600 sq ft. The second unit is 3 bed/2 bath with 975 sq ft. The third and fourth units are each 680 sq ft and floor plans for rehab are flexible to suit your needs/wants. Prime location only minutes from Downtown, Midtown, EADO, and the Heights. Easy access to major highways. Ample parking in gravel driveway on property. Take this "blank canvas" and make it your own adding your personal touches and updates. Don't wait... Give us a call... this gem is ready to be yours!
Rooms/Lot Dimensions
Interior Features
Exterior Features
Additional Information
Financial Information
Selling Agent and Brokerage
minimize
Property Tax
minimizeMarket Value Per Appraisal District
Cost/sqft based on Market Value
| Tax Year | Cost/sqft | Market Value | Change | Tax Assessment | Change |
|---|---|---|---|---|---|
| 2023 | $84.98 | $203,530 | 22.52% | $203,530 | 22.52% |
| 2022 | $69.36 | $166,121 | 30.69% | $166,121 | 30.69% |
| 2021 | $53.07 | $127,114 | 0.00% | $127,114 | 0.00% |
| 2020 | $53.07 | $127,114 | 31.84% | $127,114 | 31.84% |
| 2019 | $40.26 | $96,413 | 18.06% | $96,413 | 18.06% |
| 2018 | $34.10 | $81,663 | 0.00% | $81,663 | 0.00% |
| 2017 | $34.10 | $81,663 | 0.00% | $81,663 | 0.00% |
| 2016 | $34.10 | $81,663 | -15.99% | $81,663 | -15.99% |
| 2015 | $40.59 | $97,211 | 0.00% | $97,211 | 0.00% |
| 2014 | $40.59 | $97,211 | 0.00% | $97,211 | 0.00% |
| 2013 | $40.59 | $97,211 | 288.84% | $97,211 | 288.84% |
| 2012 | $10.44 | $25,000 | $25,000 |
2023 Harris County Appraisal District Tax Value
| Market Land Value: | $53,820 |
| Market Improvement Value: | $149,710 |
| Total Market Value: | $203,530 |
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
minimize| Estimated Monthly Principal & Interest (Based on the calculation below) | $ 840 |
| Estimated Monthly Property Tax (Based on Tax Assessment 2023) | $ 342 |
| 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
Average |
Good | 
|
View Nearby Schools ↓
Property Map
minimize3321 Memel Street Houston TX 77026 was recently sold. It is a 0.21 Acre(s) Lot, 2,395 SQFT, 9 Beds, 4 Full Bath(s) & 1 Half Bath(s) in Crane Street Woods Sec 05.
View all homes on Memel
Click to view phone
Email Broker
items