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4.96/5.0
General Description
minimizeA real opportunity to purchase clean, well maintained rental units near Huntsville and Sam Houston State University. The property consist of seven tracts of land containing a total of 12.01 acres. Improvements consist of a 5 unit apartment building, five duplexes and one single-family residence. The rental properties are located at the northwest corner of McAdams Lane & FM 247 (City of Huntsville) and the northwest corner of Pine Hollow Lane & FM 247 (Huntsville ETJ). The units were built in the 60's, 70's and 90's and owned by the same Family since built. There is undeveloped acreage for future expansion on the north and south side of McAdams Lane. The Pine Hollow Lane property consist of three duplexes and one vacant .47 acre lot. The apartments are all occupied except for one that is being cleaned at this time on McAdams Lane.
Interior Features
Exterior Features
Additional Information
Financial Information
Listing Broker:
Melder Real EstateProperty Tax
minimizeMarket Value Per Appraisal District
Cost/sqft based on Market Value
| Tax Year | Cost/sqft | Market Value | Change | Tax Assessment | Change |
|---|---|---|---|---|---|
| 2023 | $-- | $199,370 | 15.88% | $199,370 | 15.88% |
| 2022 | $-- | $172,050 | 15.58% | $172,050 | 15.58% |
| 2021 | $-- | $148,860 | 11.15% | $148,860 | 11.15% |
| 2020 | $-- | $133,930 | 2.65% | $133,930 | 2.65% |
| 2019 | $-- | $130,470 | 2.74% | $130,470 | 2.74% |
| 2018 | $-- | $126,990 | 19.21% | $126,990 | 19.21% |
| 2017 | $-- | $106,530 | 9.98% | $106,530 | 9.98% |
| 2016 | $-- | $96,860 | 9.72% | $96,860 | 9.72% |
| 2015 | $-- | $88,280 | 10.02% | $88,280 | 10.02% |
| 2014 | $-- | $80,240 | -1.00% | $80,240 | -1.00% |
| 2013 | $-- | $81,050 | 2.54% | $81,050 | 2.54% |
| 2012 | $-- | $79,040 | $79,040 |
2023 Walker County Appraisal District Tax Value
| Market Land Value: | $34,160 |
| Market Improvement Value: | $165,210 |
| Total Market Value: | $199,370 |
2023 Tax Rates
| WALKER COUNTY: | 0.4127 % |
| HUNTSVILLE ISD: | 0.8571 % |
| WC HOSPITAL DISTRICT: | 0.0977 % |
| CITY OF HUNTSVILLE: | 0.3074 % |
| Total Tax Rate: | 1.6749 % |
Estimated Mortgage/Tax
minimize| Estimated Monthly Principal & Interest (Based on the calculation below) | $ 5,252 |
| Estimated Monthly Property Tax (Based on Tax Assessment 2023) | $ 278 |
| Home Owners Insurance | Get a Quote |
Subdivision Facts
minimizeFacts (Based on Active listings)
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 |
Average |
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Property Map
minimize365 Fm 247 Road Huntsville TX 77320 was recently sold. It is in None.
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