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Sold 77023 Houston

6601 Meadowlawn Street #4

Houston, TX 77023

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Sold

$552,001 - $627,000

Sold on August 29, 2022

3,120 Sqft.

5,750 Lot Sqft

Multi-Family - Fourplex

17 Day(s) on Market

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 $291K
Value Range $ 290,505
Confidence Score NA

$291K

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.

Description

Location, Location, Location! This Multifamily 4-plex located in the much desired Idylwood Subdivision. Quiet & well maintained, recent roof, water heaters & window units. Spacious 4 x 1 Bedroom/1 Bath (approx 780 sq/ft ea) Approx Dimensions for all units: Living Room 17x11, Dining 11x9, Kitchen 14x7, Bedroom 14x13. Private Parking provided in back. Separate meters for electric & gas, landlord pays water. All units occupied, turnover is rare & most tenants are long term. 90-95% occupancy for last 11 yrs. Property currently generates a monthly gross income of $3500, w/room to raise rents. Easy access to 1-45, I-59, I-10 & 610. Walking distance to Metro bus lines, close to UH & Downtown. This multi-family unit is Perfect for the Investor that wants to be part of this exciting & growing East End Revitalized Area. Units can be seen when an offer is accepted. Option Period will not begin until buyer views units & accepts offer to move forward.

MLS#

89172063

Sold Price Range

$552,001 - $627,000

Listing Status

Sold

Address

6601 Meadowlawn Street #4

Unit No.

City

Houston

State

Zip Code

77023

County

Harris County

Subdivision

Idylwood (View subdivision price trend)

Legal Description

LT 17 BLK 1 IDYLWOOD

Property Type

Multi-Family - Fourplex

Stories

Year Built

1940 / Appraisal District

Building Size

3,120 Sqft/Appraisal District

Lot Size

5,750 Sqft./Appraisal District

Key Map©

534C

Market Area

East End Revitalized

Property website

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directions

PRESENTED BY

Vincent Bortoni Platinum

Urban Loop Realty

Call

Exterior

Roof

Composition

Exterior Type

Brick

Lot Description

Cleared, Corner

Parking

Paved Area

Parking Unit

One

Unit Location

Cleared,Corner

Interior

Countertop

Tile

Floors

Wood

Cooling

Window Units

Heating

Window Unit

Energy Feature

Ceiling Fans

Lot information

Lot Size

5,750 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

Maintenance Fee

Taxes w/o Exemp

$3,071/2021

Tax Rate

2.3307

Additional information

List Type

Exclusive Right to Sell/Lease

Unit Feature

Fenced Area

Buyer Agent Compensation*

Sub Agent Compensation*

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

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Property tax

Cost/Sqft based on tax value

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Mortgage

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Estimated Monthly Payments

LIST PRICE

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Annual Interest Rate Estimated Monthly Principal & Interest

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Monthly Homeowner's Insurance Monthly PMI (Private Mortgage Insurance) Monthly HOA fees

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Listing Tax	Numbers
Principal & Interest	2,841
Taxes	1,242

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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.