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.
District: | Houston ISD |
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 |
---|---|---|---|---|---|
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 |
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Market Land Value: | $85,000 |
Market Improvement Value: | $132,640 |
Total Market Value: | $217,640 |
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 % |