Great investor opportunity with monthly income already in place. This is a 5 unit investment property with one 3 bed, 1 bath home located in the front of the property and a fourplex at the back of the property with each unit being 1 bedroom/1bathroom. All 5 units are currently rented out and have been for years. This investment is located on a large lot over 12,300 sq. ft. This home and fourplex in its current state generates $2,300 a month for the owner and can go for more with renovations. Fourplex in back has a newer roof and siding on exterior. There is a large unused shed at the back of the property that can be removed and potentially add another small rental.

General Description

MLS#:

36408403 (HAR)

Sold Price Range:

$250,001 - $285,000

Listing Status:

Sold

Address:

64 Burbank Street

City:

Houston

State:

TX

Zip Code:

77076

County:

Harris County

Subdivision:

Thatchers Gardens (View subdivision price trend)

Legal Description:

TR 42L THATCHERS GARDENS

Property Type:

Multi-Family - 5 Plus

Stories:

1

Year Built:

1940 / Appraisal District

Building Sqft.:

3,008279(m²) /Appraisal District

Lot Size:

12,338 Sqft.1,146(m²) /Appraisal District

Key Map©:

453B

Market Area:

Northwest Houston

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Interior Features

Heating:

Central Gas

Cooling:

Central Electric, Window Units

Exterior Features

Roof:

Composition

Parking Unit:

One

Assigned School Information

District:	Houston
Elementary School:	Burbank Elementary School Excellent |
Middle School:	Fonville Middle School Average |
High School:	Houston Math Science And Technology Center Average |

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: Keller Williams Hou Preferred
Email Listing Broker

Selling Broker: Walzel Properties - Galleria
Last updated as of: 07/16/2024

Property Tax

Market Value Per Appraisal District

Cost/Sqft based on Market Value

Tax Year	Cost/sqft	Market Value	Change	Tax Assessment	Change
2023	$138.59	$416,866	29.70%	$416,866	29.70%
2022	$106.85	$321,415	154.34%	$321,415	154.34%
2021	$42.01	$126,373	6.07%	$126,373	6.07%
2020	$39.61	$119,138	7.62%	$119,138	7.62%
2019	$36.80	$110,707	29.48%	$110,707	29.48%
2018	$28.42	$85,500	0.00%	$85,500	0.00%
2017	$28.42	$85,500	4.73%	$85,500	4.73%
2016	$27.14	$81,638	4.23%	$81,638	4.23%
2015	$26.04	$78,322	0.00%	$78,322	0.00%
2014	$26.04	$78,322	-3.02%	$78,322	-3.02%
2013	$26.85	$80,762	0.00%	$80,762	0.00%
2012	$26.85	$80,762		$80,762

2023 Harris County Appraisal District Tax Value
Market Land Value:	$123,782
Market Improvement Value:	$293,084
Total Market Value:	$416,866

2023 Tax Rates
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 %
Total Tax Rate:	2.0148 %

 

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