1701 Banks Street

Houston, TX 77098
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Sold
Sold
$1,082,001 - $1,242,000
Sold on September 27, 2021
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10,375 Lot Sqft
Lots

Home value comparables

Using a REALTOR is the best way to determine the market price of a home. Start this process by viewing the third-party valuations and then contact a Realtor to determine a reasonable purchase price for a home.

Current Valuations

Home Value Comparables
AVM Value
$1.27M
AVM Value
$1.45M
AVM Value
$1.21M
Value Range
$1.03M - $1.51M
Value Range
$1.25M - $1.64M
Value Range
$942K - $1.53M
Confidence Score
81%

Margin of Error*: 19%
Confidence Score
63%

Margin of Error*: 14%
Confidence Score
NA
Limitations: This represents an estimated sales price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice. The values do not include a physical or visual inspection of the subject property. User shall not use the values in lieu of an appraisal by a licensed appraiser or as a basis for making any financial decision.

Zestimate Home Values are provided by Zillow, Inc. Use is subject to Zillow Terms of Use and are provided as-is, as-available.
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Description

An incredible investment or re-development opportunity. 1701-3 Banks is situated on an oversized 10,375 sq. ft. corner property on a shaded street in highly desirable Boulevard Oaks offering close proximity to the Texas Medical Center, Rice University, Museum District, and Downtown attractions. The existing multi-family structures are currently tenant occupied and being sold "as is". Special accommodations would need to be arranged for interior access.

MLS#
73335336
Sold Price Range
$1,082,001 - $1,242,000
Listing Status
Sold
Address
1701 Banks Street
City
State
TX
Zip Code
County
Legal Description
LT 1 BLK 2 WEST EDGEMONT
Property Type
Lots
Lot Size
10,375 Sqft./Appraisal District
Key Map©
492Z
Market Area

Exterior

Lot Description
Corner, Wooded
Cable
Available
Water Sewer
Public Sewer, Public Water
Phone
Available
Electric
Electric Available
Gas
Gas Available
Road Surface
Concrete
Unit Location
Corner,Wooded
Area Pool
No

Rooms

Lot Dim (F)
83
Lot Dim (B)
82
Lot Dim (L)
125
Lot Dim (R)
125

Lot information

Lot Size
10,375 Sqft. /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Financial

Financing Considered
Cash Sale, Conventional
Other Fees
No
Maintenance Fee
No
Taxes w/o Exemp
$20,436/2020
Tax Rate
2.3994

Additional information

List Type
Exclusive Right to Sell/Lease
Buyer Agent Compensation*
3%
Comp Bonus
N/A
Sub Agent Compensation*
0%

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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Estimated electricity cost

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Property tax

Cost/Sqft based on tax value

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Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

DOWN PAYMENT
Loan Term
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Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Subdivision Facts

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Market update video

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Schools

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.

Assigned schools

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Noise factors

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Source

Houston Association of REALTORS
Source last updated May 05, 2024 at 11:47 PM
Listing last updated Sep 27, 2021 at 04:14 PM

1701 Banks Street, Houston, TX 77098. View photos, map, tax, nearby homes for sale, home values, school info...

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