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$100,000

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Calling all investors! This gem is a fixer upper with huge potential. Nestled on a large corner lot, this home offers a blank slate for your imagination to come to life. Perfect flip or rental with a complete renovation. This property is an investor special in need of full finish out. It was originally being setup to accommodate 10 bedrooms and 4 bathrooms, perfect for a co-living / multi gen family / group home / assisted living / senior care / or other arrangements for amazing rental income. With close proximity to major highways, downtown, and sporting venues, this property is a diamond in the rough waiting to be polished. Don't miss out on this opportunity - schedule your tour today! Property being sold AS-IS. ALL information deemed reliable but MUST be independently verified by buyer/agent.

Days on Market: 47 Day(s)

General Description

MLS#:

40885670 (HAR)

Listing Price:

$ 100,000 ($39.62/sqft.)
$Convert

Listing Status:

Under Contract - Pending

Address:

5017 Richfield Ln

City:

Houston

State:

TX

Zip Code:

77048

County:

Harris County

Subdivision:

South Acres Estates Sec 02 (View subdivision price trend)

Legal Description:

LT 26 BLK 9 SOUTH ACRES ESTATES SEC 2

Property Type:

Single-Family

Bedrooms:

4 Bedroom(s)

Baths:

2 Full Bath(s)

Garage(s):

2 / Detached

Stories:

1

Style:

Traditional

Year Built:

1950 / Appraisal District

Building Sqft.:

2,524234(m²) /Appraisal District

Lot Size:

8,265 Sqft.768(m²) /Appraisal District

Key Map©:

573H

Market Area:

Medical Center South

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Room Dimension

Living:

x, 1st

Kitchen:

x, 1st

Breakfast:

x, 1st

Primary Bedroom:

10 x 13, 1st

Bedroom:

10 x 11, 1st

Bedroom:

10 x 10, 1st

Bedroom:

10 x 9, 1st

Primary Bath:

x, 1st

Bath:

x, 1st

Interior Features

Floors:

Tile, Wood

Room Description:

Breakfast Room, Family Room

Bedroom Description:

En-Suite Bath

Kitchen Description:

Breakfast Bar

Bathroom Description:

Primary Bath: Shower Only, Secondary Bath(s): Tub/Shower Combo

Cooling:

Central Electric

Heating:

Central Gas

Connections:

Electric Dryer Connections, Gas Dryer Connections, Washer Connections

Energy Feature:

Ceiling Fans

Interior:

Refrigerator Included

Exterior Features

Roof:

Composition

Foundation:

Slab

Private Pool:

No

Exterior Type:

Cement Board

Lot Description:

Subdivision Lot

Water Sewer:

Public Sewer, Public Water

Exterior:

Back Yard Fenced

Lot Information

  Lot Size: 8,265 Lot Sqft./Appraisal District

Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Assigned School Information

District:	Houston ISD
Elementary School:	Woodson School |
Middle School:	Thomas Middle School Average |
High School:	Sterling High School Average |

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.

Listing Broker: Realty Right
Email Listing Broker

Last updated as of: 07/05/2024

Property Tax

Market Value Per Appraisal District

Cost/Sqft based on Market Value

Tax Year	Cost/sqft	Market Value	Change	Tax Assessment	Change
2023	$116.67	$210,000	23.45%	$210,000	23.45%
2022	$94.50	$170,107	65.78%	$170,107	65.78%
2021	$57.01	$102,613	6.10%	$102,613	6.10%
2020	$53.73	$96,709	3.44%	$96,709	3.44%
2019	$51.94	$93,495	29.85%	$93,495	29.85%
2018	$40.00	$72,000	0.00%	$72,000	0.00%
2017	$40.00	$72,000	0.00%	$72,000	0.00%
2016	$40.00	$72,000	-10.72%	$72,000	-10.72%
2015	$44.80	$80,643	14.36%	$80,643	14.36%
2014	$39.18	$70,515	0.00%	$70,515	0.00%
2013	$39.18	$70,515	0.00%	$70,515	0.00%
2012	$39.18	$70,515		$70,515

2023 Harris County Appraisal District Tax Value
Market Land Value:	$66,893
Market Improvement Value:	$143,107
Total Market Value:	$210,000

2023 Tax Rates
HOUSTON ISD:	0.8683 %
HARRIS COUNTY:	0.3501 %
HC FLOOD CONTROL DIST:	0.0311 %
PORT OF HOUSTON AUTHORITY:	0.0057 %
HC HOSPITAL DIST:	0.1434 %
HC DEPARTMENT OF EDUCATION:	0.0048 %
HOUSTON COMMUNITY COLLEGE:	0.0922 %
HOUSTON CITY OF:	0.5192 %
Total Tax Rate:	2.0148 %

 

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$ 735Monthly

Principal & Interest

$ 382

Property Tax

$ 353

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