General Description
minimizeLocation, Location, Location! This Multifamily 4-plex located in the much desired Idylwood Subdivision. Quiet & well maintained, recent roof, water heaters & window units. Spacious 4 x 1 Bedroom/1 Bath (approx 780 sq/ft ea) Approx Dimensions for all units: Living Room 17x11, Dining 11x9, Kitchen 14x7, Bedroom 14x13. Private Parking provided in back. Separate meters for electric & gas, landlord pays water. All units occupied, turnover is rare & most tenants are long term. 90-95% occupancy for last 11 yrs. Property currently generates a monthly gross income of $3500, w/room to raise rents. Easy access to 1-45, I-59, I-10 & 610. Walking distance to Metro bus lines, close to UH & Downtown. This multi-family unit is Perfect for the Investor that wants to be part of this exciting & growing East End Revitalized Area. Units can be seen when an offer is accepted. Option Period will not begin until buyer views units & accepts offer to move forward.
Interior Features
Exterior Features
Additional Information
Financial Information
Selling Agent and Brokerage
minimizeProperty Tax
minimizeMarket Value Per Appraisal District
Cost/sqft based on Market Value
Tax Year | Cost/sqft | Market Value | Change | Tax Assessment | Change |
---|---|---|---|---|---|
2023 | $93.11 | $290,505 | 76.96% | $290,505 | 76.96% |
2022 | $52.62 | $164,168 | 24.59% | $164,168 | 24.59% |
2021 | $42.23 | $131,764 | 0.51% | $131,764 | 0.51% |
2020 | $42.02 | $131,101 | 4.98% | $131,101 | 4.98% |
2019 | $40.03 | $124,884 | 3.98% | $124,884 | 3.98% |
2018 | $38.50 | $120,109 | $120,109 |
2023 Harris County Appraisal District Tax Value
Market Land Value: | $51,750 |
Market Improvement Value: | $238,755 |
Total Market Value: | $290,505 |
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
minimizeEstimated Monthly Principal & Interest (Based on the calculation below) | $ 2,101 |
Estimated Monthly Property Tax (Based on Tax Assessment 2023) | $ 569 |
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 |
Good |
View Nearby Schools ↓
Property Map
minimize6601 Meadowlawn Street #4 Houston TX 77023 was recently sold. It is a 3,120 SQFT, in Idylwood.
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