All Photos
General Description
minimizeWonderfully maintained Four unit Income producing East End Revitalized property. Completely updated in 2016 and generated $51,000 a year in 2023. Unit A was recently rented now for $1550 a month increasing your returns. This is a property allowing you to purchase and instantly generate income on day one. The building in the front has a 3/2 unit (rent $1450 in 2023, just increased to $1550) on the first floor and a 2/2 ($1200 a month in 2023) unit upstairs. The back building has 2, 1/1 units ($800 a month for each one) with covered parking in the front of the building. The property is tenant occupied and will not be available to see until an executed contract is in place. The updates on the property include electrical, plumbing, HVAC, paint, cabinets, flooring, appliances, doors and trim. The roof has been recently updated. The 2/1, and the 2, 1/1 are month to month giving the buyer some flexibility if they need to move into the property.
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 | $116.65 | $409,920 | 23.80% | $409,920 | 23.80% |
| 2022 | $94.23 | $331,123 | 28.15% | $331,123 | 28.15% |
| 2021 | $73.53 | $258,388 | 1.93% | $258,388 | 1.93% |
| 2020 | $72.14 | $253,488 | 0.00% | $253,488 | 0.00% |
| 2019 | $72.14 | $253,488 | 12.01% | $253,488 | 12.01% |
| 2018 | $64.40 | $226,318 | 6.32% | $226,318 | 6.32% |
| 2017 | $60.58 | $212,864 | $212,864 |
2023 Harris County Appraisal District Tax Value
| Market Land Value: | $150,000 |
| Market Improvement Value: | $259,920 |
| Total Market Value: | $409,920 |
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 % |
| GREATER EAST END MGMT: | 0.1500 % |
| Total Tax Rate: | 2.3519 % |
Estimated Mortgage/Tax
minimize| Estimated Monthly Principal & Interest (Based on the calculation below) | $ 2,101 |
| Estimated Monthly Property Tax (Based on Tax Assessment 2023) | $ 803 |
| 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
Excellent | 
Good |
View Nearby Schools ↓
Property Map
minimize5001 Pease St Houston TX 77023 was recently sold. It is a 3,514 SQFT, in Eastlawn Vista.
View all homes on Pease
Click to view phone
Email Broker
items