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Real estate has proven to be an effective investment tool during times of financial instability and recession. Do not pass up this phenomenal income producing property that includes two buildings (2802/2804 Truxillo and 3901 Delano) close to mid-town, downtown, universities and medical center.The apartments can be configured in different ways to attract more potential renters.The two apartments at 3901 Delano have an interior door that connects both apartments into a larger apartment to accommodate more guests. There is also a third floor at 2802 Truxillo apartment with three extra rooms that can accommodate more guests. 2802 and 2804 can be combined into a large apartment through an interior door. Lots of potential in this multi-functional furnished apartments. Lots of new businesses are moving into the area through a revival of Emancipation Street. Students from TSU and University of Houston are a continuous market. Airbnb bookings in the area have increased 105% from a year ago.
District: | Houston |
Elementary School: | Lockhart Elementary School ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
Middle School: | Cullen Middle School ![]() ![]() ![]() ![]() |
High School: | Yates High School | |
Tax Year | Cost/sqft | Market Value | Change | Tax Assessment | Change |
---|---|---|---|---|---|
2023 | $93.29 | $370,093 | 28.41% | $370,093 | 28.41% |
2022 | $72.65 | $288,221 | 13.89% | $288,221 | 13.89% |
2021 | $63.79 | $253,064 | 9.61% | $253,064 | 9.61% |
2020 | $58.20 | $230,867 | 5.01% | $230,867 | 5.01% |
2019 | $55.42 | $219,842 | 13.40% | $219,842 | 13.40% |
2018 | $48.87 | $193,858 | 0.00% | $193,858 | 0.00% |
2017 | $48.87 | $193,858 | 0.00% | $193,858 | 0.00% |
2016 | $48.87 | $193,858 | 18.21% | $193,858 | 18.21% |
2015 | $41.34 | $164,000 | 46.61% | $164,000 | 46.61% |
2014 | $28.20 | $111,863 | 0.00% | $111,863 | 0.00% |
2013 | $28.20 | $111,863 | 0.00% | $111,863 | 0.00% |
2012 | $28.20 | $111,863 | $111,863 |
2023 Harris County Appraisal District Tax Value |
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Market Land Value: | $176,400 |
Market Improvement Value: | $193,693 |
Total Market Value: | $370,093 |
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 SE MGMT DIST: | 0.1150 % |
Total Tax Rate: | 2.1298 % |