Main House being remodeled. 9.5% Cap! Fantastic opportunity to own two structures on one Corner Lot. Most Photos were taken in between tenants. The 1-story house faces Newport St. It has it's own fenced yard and Carport with ample guest parking. The 2-story Duplex is adjacent with its own fenced yard and covered parking. Main House MANY updates (2023 & 2024) see attached form and duplex (2021) windows (2020), roof & carport on duplex (2020), fresh paint in and out. SF House proforma rent for $1,525 and pays all of their own utilities. Duplex rents for $725 and $850. Total monthly gross income $3,100. See attachments for appraisal, list improvements & survey. Room dimensions are approximate. Value add opportunity to increase rents or new construction later. Not shown without a SOLID preapproval or Cash bank statement. PLEASE DO NOT DISTURB TENANTS. Serious buyers ONLY.
District: | Houston ISD |
Elementary School: | Henderson J Elementary School Excellent | |
Middle School: | Navarro Middle School Good | |
High School: | Austin High School Good | |
Tax Year | Cost/sqft | Market Value | Change | Tax Assessment | Change |
---|---|---|---|---|---|
2023 | $101.96 | $240,004 | 6.27% | $240,004 | 6.27% |
2022 | $95.94 | $225,838 | 16.34% | $225,838 | 16.34% |
2021 | $82.47 | $194,125 | 0.00% | $194,125 | 0.00% |
2020 | $82.47 | $194,125 | 19.79% | $194,125 | 19.79% |
2019 | $68.84 | $162,059 | 6.47% | $162,059 | 6.47% |
2018 | $64.66 | $152,214 | 10.27% | $152,214 | 10.27% |
2017 | $58.64 | $138,038 | 8.57% | $138,038 | 8.57% |
2016 | $54.01 | $127,138 | 8.00% | $127,138 | 8.00% |
2015 | $50.01 | $117,717 | 47.15% | $117,717 | 47.15% |
2014 | $33.98 | $80,000 | 6.67% | $80,000 | 6.67% |
2013 | $31.86 | $75,000 | -32.88% | $75,000 | -32.88% |
2012 | $47.47 | $111,745 | $111,745 |
2023 Harris County Appraisal District Tax Value |
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Market Land Value: | $109,000 |
Market Improvement Value: | $131,004 |
Total Market Value: | $240,004 |
2023 Tax Rates |
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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 % |
GREATER EAST END MGMT: | 0.1500 % |
Total Tax Rate: | 2.1648 % |