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General Description

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Well maintained 12 Unit complex with a "Melrose Place" vibe walking distance to the Galleria and Whole foods! Many years of solid rental history will very low vacancy. Many of the units feature hardwoods, stainless appliances, outdoors spaces and vaulted ceilings. The building contains a unit mix of SIX 2 bedroom 1.5 bath, ONE 1bedroom 1.5 bath and FOUR 1 bedroom, 1 baths. This property is being sold at land value! Enjoy the income until development or continue to collect a solid return as a Multifamily in one of the best parts of Houston.

MLS#:

6390367 (HAR)

Sold Price Range:

$1,638,001 - $1,888,000

Listing Status:

Sold

Address:

5123 Del Monte Drive

City:

Houston

State:

Zip Code:

77056

County:

Harris County

Subdivision:

Del Monte Terrace Galleria Area

Legal Description:

LTS 9 & 10 BLK 2 DEL MONTE TERRACE

Property Type:

Multi-Family - 5 Plus

Stories:

Year Built:

1959 / Appraisal District

Building Sqft.:

11,948 /Appraisal District

Lot Size:

17,160 Sqft. /Appraisal District

Key Map©:

491Q

Market Area:

Galleria

Rooms/Lot Dimensions

1 Bdr #:

2 Bdr #:

Interior Features

Cooling:

Central Electric

Heating:

Central Gas

Exterior Features

Roof:

Built Up

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

Other Fees:

Maintenance Fee:

Taxes w/o Exemp:

$28, 037/2019

Tax Rate:

2.4216

Selling Agent and Brokerage

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Selling Agent

Chris Mastrangelo

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Selling Broker

Habitation Realty

5115 Washington Ave
Houston, TX 77007

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Estimated Mortgage/Tax

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$7,238 Monthly

Estimated Monthly Principal & Interest (Based on the calculation below)	$ 7,238
Home Owners Insurance	Get a Quote

List Price

Loan Term

Months

Years

Down Payment

Annual Interest Rate

Estimated Monthly Principal & Interest

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Subdivision Facts

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Facts (Based on Active listings)

Market Area Name:

Galleria

Home For Sales:

351

Average List Price:

$612,461

Average Bedrooms:

2.22

Average Baths:

2.03

Average Square Ft.:

2,022

Average Price/Square Ft.:

$265.94

Home For Lease:

258

Average Lease :

$2,182

Average Lease/Square Ft.:

$1.68

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

Briargrove Elementary School Elementary . EE - 05 . HOUSTON ISD

Excellent | Progress Distinction

Tanglewood Middle School Middle . 06 - 08 . HOUSTON ISD

Average |

Wisdom High School High . 09 - 12 . HOUSTON ISD

Average |

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Property Map

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5123 Del Monte Drive, Houston, TX 77056 Directions

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5123 Del Monte Drive Houston TX 77056 was recently sold. It is a 11,948 SQFT, in Del Monte Terrace Galleria Area.

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