Are you looking for a unique opportunity to own both a residential and commercial building with a built-in income stream? Look no further than this property, which includes a spacious residential unit and a thriving Smoke shop, Event Hall & Hookah lounge. Located in a prime location right on the corner of the street, the commercial space is currently being operated as a successful smoke shop with a loyal customer base. With its prime location and consistent foot traffic, the shop provides a stable source of income for the property owner. The residential (880 sqft) features one bedroom and bathroom, and the commercial (3296 sqft) has a Smoke shop, an Event Hall, one VIP room, two full baths, and two half baths. Whether you're looking to live and work in the same building or want to own a property with multiple streams of income, this property is the perfect investment opportunity. Take advantage of the chance to own a piece of prime real estate with a built-in income stream.
District: | Houston |
Elementary School: | Franklin Elementary School Excellent | |
Middle School: | Edison Middle School Good | |
High School: | Austin High School Good | |
Tax Year | Cost/sqft | Market Value | Change | Tax Assessment | Change |
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2023 | $74.23 | $310,000 | 53.88% | $310,000 | 53.88% |
2022 | $48.24 | $201,459 | 11.61% | $201,459 | 11.61% |
2021 | $43.22 | $180,506 | 72.78% | $180,506 | 72.78% |
2019 | $25.02 | $104,473 | 4.88% | $104,473 | 4.88% |
2018 | $23.85 | $99,611 | $99,611 |
2023 Harris County Appraisal District Tax Value |
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Market Land Value: | $90,000 |
Market Improvement Value: | $220,000 |
Total Market Value: | $310,000 |
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 % |