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General Description

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Unit 3 (The Upstairs Unit) is occupied, please DO NOT DISTURB THE TENANT. Only show unit 1 and unit 2. SEE ATTACHED UPDATED RENTAL DETAILS. Unit 1 and unit 2 is Vacant. Send Your Best offer. 1bed/1bath unit is vacant but have potential tenants or could be use as an AirBnB because of the great location. 2Bed/1bath, 3bed/1bath and 1bed/1bath. Tenant pay all utilities except landscaping. Added new roof and siding in 2020. The game room square footage on the first floor not reflected in HCAD and could make the 2bed/1bath into 3bed/1bath. Property ends approximately where driveway begins, storage shed is not on the property lines. All units are independent of each other with separate meters. Located in the heart of the East End. Perfect opportunity for an income producing residence. home is sold as is seller will not make any repairs. Lots of potential. Easy commute to Downtown, Medical Center, UofH, Airport. Each unit has its own water, gas and electric meter. Call today for more info !

MLS#:

35003179 (HAR)

Sold Price Range:

$325,001 - $370,000

Listing Status:

Sold

Address:

7740 Avenue I

City:

Houston

State:

Zip Code:

77012

County:

Harris County

Subdivision:

Magnolia Park Sec 02 (View subdivision price trend)

Legal Description:

LTS 44 & 45 BLK 64 MAGNOLIA PARK SEC 2

Property Type:

Multi-Family - Triplex

Stories:

Year Built:

1930 / Appraisal District

Building Sqft.:

2,128 /Appraisal District

Lot Size:

5,000 Sqft. /Appraisal District

Key Map©:

495X

Market Area:

East End Revitalized

Interior Features

Cooling:

Window Units

Heating:

Central Electric

Microwave:

Yes

Dishwasher:

Yes

Exterior Features

Roof:

Composition

Additional Information

List Type:

Exclusive Right to Sell/Lease

Buyer Agent Compensation*:

3.00%

Sub Agent Compensation*:

0.00%

*Disclaimer: Listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Financial Information

Financing Considered:

Cash Sale, Conventional, Investor, Seller to Contribute to Buyer's Closing Costs

Other Fees:

Maintenance Fee:

Taxes w/o Exemp:

$3, 245/2021

Tax Rate:

2.3307

Selling Agent and Brokerage

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Selling Agent

Moshood Adams

Click to view phone

Selling Broker

Real Broker, LLC

2626 Cole Ave, Ste 300
Dallas, TX 75204

Want to know how much is this home worth?

Request Home Value

Property Tax

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Cost/sqft based on Market Value

Tax Year	Cost/sqft	Market Value	Change	Tax Assessment	Change
2023	$83.39	$177,463	20.34%	$177,463	20.34%
2022	$69.30	$147,474	5.92%	$147,474	5.92%
2021	$65.43	$139,235	26.58%	$139,235	26.58%
2020	$51.69	$110,000	10.00%	$110,000	10.00%
2019	$46.99	$100,000	45.17%	$100,000	45.17%
2018	$32.37	$68,885	0.00%	$68,885	0.00%
2017	$32.37	$68,885	5.00%	$68,885	5.00%
2016	$30.83	$65,605	-15.04%	$65,605	-15.04%
2015	$36.29	$77,221	17.71%	$77,221	17.71%
2014	$30.83	$65,605	-5.78%	$65,605	-5.78%
2013	$32.72	$69,630	0.00%	$69,630	0.00%
2012	$32.72	$69,630		$69,630

2023 Harris County Appraisal District Tax Value

Market Land Value:	$75,000
Market Improvement Value:	$102,463
Total Market Value:	$177,463

harris County Appraisal District

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

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$1,696 Monthly

Estimated Monthly Principal & Interest (Based on the calculation below)	$ 1,348
Estimated Monthly Property Tax (Based on Tax Assessment 2023)	$ 348348
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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Use this mortgage calculator to create and estimate your monthly mortgage payment(principal and interest) and estimates for property taxes(based on past rates).

Subdivision Facts

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2023 Subdivision Facts

Subdivision Name:

Magnolia Park (Houston)

County / Zip Code:

77012

Single Family Properties:

1,875

Average Bedrooms:

2.77

Average Baths:

1.56

Median Square Ft.:

1,032

Median Lot Square Ft.:

5,000

Median Year Built:

1936

Median Appraised Value:

$122,880

Neighborhood Value Range:

$71 - $220 K

Median Price / Square ft.:

$167.93

View Price Trends for Magnolia Park (houston)

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.