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$225,000

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CONTACT

Great opportunity for an investment property with THREE units to generate residual income. Property being sold AS-IS; seller will not make any repairs. The main house is a 2 bed/1 bath with utility room inside and attached 1-car garage. There are two garage apartments: 10525 1/2 A - which is upstairs with 2 bed/1 bath and 10525 1/2 B which is downstairs with 1 bed/1 bath. There is a shared utility room for garage units in garage. All three units are TENANT OCCUPIED with month-to-month lease generating appx $3000/month in rents. All tenants would like to remain in property - but will be at discretion of new owner. All units have separate electricity meter. Landlord currently pays water and gas for all three units. The property has plenty of parking in driveway and in the back. All units could use some TLC and updating. Call for more information. Schedule your tour/showing today. Hablo español! Llame para mas informacion.

Days on Market: 24 Day(s)

General Description

MLS#:

64455669 (HAR)

Listing Price:

$ 225,000 ($276.07/sqft.)
$Convert

Listing Status:

For Sale

Address:

10525 Fairfax St

City:

Houston

State:

TX

Zip Code:

77029

County:

Harris County

Subdivision:

Industrial Add (View subdivision price trend)

Legal Description:

LT 16 BLK 45A INDUSTRIAL

Property Type:

Single-Family

Bedrooms:

5 Bedroom(s)

Baths:

3 Full Bath(s)

Garage(s):

1 / Attached

Stories:

1.5

Style:

Traditional

Year Built:

1950 / Appraisal District

Building Sqft.:

81576(m²) /Appraisal District

Lot Size:

6,500 Sqft.604(m²) /Appraisal District

Key Map©:

496J

Market Area:

North Channel

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Room Dimension

Primary Bedroom:

-, 1st

Primary Bedroom:

-, 2nd

Primary Bedroom:

-, 2nd

Bedroom:

-, 2nd

Bedroom:

-, 1st

Garage Apt Qtr SF:

1152 sqft/Appraisal District

Interior Features

Cooling:

Central Electric

Heating:

Central Electric, Central Gas

Disposal:

No

Compactor:

No

Dishwasher:

No

Ice Maker:

No

Microwave:

No

Energy Feature:

Ceiling Fans

Exterior Features

Roof:

Composition

Foundation:

Slab

Private Pool:

No

Exterior Type:

Unknown

Lot Description:

Subdivision Lot

Garage Carport:

Additional Parking, Single-Wide Driveway

Water Sewer:

Public Sewer, Public Water

Area Pool:

No

Lot Information

  Lot Size: 6,500 Lot Sqft./Appraisal District

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

Assigned School Information

District:	Galena Park ISD
Elementary School:	Jacinto City Elementary School Excellent |
Middle School:	Galena Park Middle School Good |
High School:	Galena Park High School Good |

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.

Listing Broker: REALM Real Estate Professionals - North Houston
Email Listing Broker

Last updated as of: 06/29/2024

Property Tax

Market Value Per Appraisal District

Cost/Sqft based on Market Value

Tax Year	Cost/sqft	Market Value	Change	Tax Assessment	Change
2023	$273.31	$222,747	15.52%	$222,747	15.52%
2022	$236.60	$192,827	62.31%	$192,827	62.31%
2021	$145.77	$118,800	-4.45%	$118,800	-4.45%
2020	$152.56	$124,335	15.13%	$124,335	15.13%
2019	$132.52	$108,000	66.15%	$108,000	66.15%
2018	$79.75	$65,000	-34.56%	$65,000	-34.56%
2017	$121.87	$99,324	3.34%	$99,324	3.34%
2016	$117.93	$96,116	91.05%	$96,116	91.05%
2015	$61.73	$50,310	0.00%	$50,310	0.00%
2014	$61.73	$50,310	-13.26%	$50,310	-13.26%
2013	$71.17	$58,000	0.00%	$58,000	0.00%
2012	$71.17	$58,000		$58,000

2023 Harris County Appraisal District Tax Value
Market Land Value:	$50,313
Market Improvement Value:	$172,434
Total Market Value:	$222,747

2023 Tax Rates
GALENA PARK ISD:	1.1319 %
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 %
SAN JACINTO COM COL D:	0.1462 %
JACINTO CITY CITY OF:	0.5969 %
Total Tax Rate:	2.4101 %

 

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$ 859

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