Great investment opportunity to add an income generating property to your portfolio with low operating cost and excellent cap rate in up and coming East End Revitalized! This multifamily property has 4 separate units on a large 5000 square foot lot. Completely renovated from top to bottom, all new roof, plumbing, electric, hvac, windows, siding, insulation, sheetrock, water heaters, bathrooms, kitchen and flooring. All 4 units currently have active lease agreements. Great location, easy access to downtown, metro rail, University of Houston and all major highways.

General Description

MLS#:

97565138 (HAR)

Sold Price Range:

$552,001 - $627,000

Listing Status:

Sold

Address:

6835 Avenue Q

City:

Houston

State:

TX

Zip Code:

77011

County:

Harris County

Subdivision:

Central Park (View subdivision price trend)

Legal Description:

LTS 5 & 6 BLK 163 CENTRAL PARK

Property Type:

Multi-Family - Fourplex

Stories:

1

Year Built:

1930 / Appraisal District

Building Sqft.:

2,423225(m²) /Appraisal

Lot Size:

5,000 Sqft.465(m²) /Appraisal District

Key Map©:

494V

Market Area:

East End Revitalized

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Room Dimension

1 Bdr #:

1

3 Bdr #:

1

Interior Features

Floors:

Laminate

Heating:

Central Electric

Cooling:

Central Electric

Energy Feature:

Insulation - Other, North/South Exposure, Digital Program Thermostat

Exterior Features

Roof:

Composition

Exterior Type:

Cement Board, Wood

Lot Description:

Other

Assigned School Information

District:	Houston ISD
Elementary School:	Franklin Elementary School Excellent |
Middle School:	Edison Middle School Good |
High School:	Austin High School Good |

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: Better Homes and Gardens Real Estate Gary Greene -
Email Listing Broker

Selling Broker: Homevets Realty, LLC
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	$89.82	$217,640	24.83%	$217,640	115.81%
2022	$71.96	$174,353	1.28%	$100,846	10.00%
2021	$71.05	$172,143	41.33%	$91,679	10.00%
2020	$50.27	$121,798	10.25%	$83,345	10.00%
2019	$45.59	$110,474	60.38%	$75,769	10.00%
2018	$28.43	$68,881	0.00%	$68,881	5.85%
2017	$28.43	$68,881	16.43%	$65,074	10.00%
2016	$24.42	$59,159	0.00%	$59,159	9.42%
2015	$24.42	$59,159	20.36%	$54,068	10.00%
2014	$20.29	$49,153	0.00%	$49,153	0.00%
2013	$20.29	$49,153	0.00%	$49,153	0.00%
2012	$20.29	$49,153		$49,153

2023 Harris County Appraisal District Tax Value
Market Land Value:	$85,000
Market Improvement Value:	$132,640
Total Market Value:	$217,640

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 %
GREATER EAST END MGMT:	0.1500 %
Total Tax Rate:	2.1648 %

 

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