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$235,000

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CONTACT

CURRENTLY TENANT OCCUPIED and being rented as a Co-Living home. It is a fantastic turn-key investment opportunity in a prime location. This property boasts 8 bedrooms and 2 bathrooms, perfect for a co-living / multi gen family / group home / assisted living / senior care / or other arrangements for amazing rental income. With some TLC and a little bit of elbow grease, this fixer-upper has incredible potential for a savvy investor. The tenant-occupied home is a landlord's dream, offering massive cashflow and value-add opportunities. Under new management and ready to make you mint. Don't miss out on this chance to turn this diamond in the rough into a shining gem. This home can be purchased by itself or as a part of 18 unit SFR portfolio.

Days on Market: 6 Day(s)

General Description

MLS#:

43316294 (HAR)

Listing Price:

$ 235,000 ($110.64/sqft.)
$Convert

Listing Status:

For Sale

Address:

8107 Morley St

City:

Houston

State:

TX

Zip Code:

77061

County:

Harris County

Subdivision:

Meadowbrook Fwy Sec 03 (View subdivision price trend)

Legal Description:

LT 17 & TR 18A BLK 20 MEADOWBROOK FREEWAY SEC 3

Property Type:

Single-Family

Bedrooms:

8 Bedroom(s)

Baths:

2 Full Bath(s)

Garage(s):

1 / Attached

Stories:

1

Style:

Traditional

Year Built:

1965 / Appraisal District

Building Sqft.:

2,124197(m²) /Appraisal District

Lot Size:

8,400 Sqft.780(m²) /Appraisal District

Key Map©:

535Y

Market Area:

Hobby Area

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Room Dimension

Primary Bedroom:

11X12, 1st

Primary Bedroom:

x, 1st

Bedroom:

x, 1st

Bedroom:

x, 1st

Bedroom:

x, 1st

Bedroom:

x, 1st

Bedroom:

x, 1st

Bedroom:

x, 1st

Interior Features

Countertop:

Corian

Bedroom Description:

All Bedrooms Down

Cooling:

Central Electric

Heating:

Central Electric, Central Gas

Ice Maker:

Yes

Disposal:

Yes

Dishwasher:

Yes

Exterior Features

Roof:

Composition

Foundation:

Slab

Private Pool:

No

Exterior Type:

Other, Unknown

Lot Description:

Cleared

Water Sewer:

Public Sewer, Public Water

Lot Information

  Lot Size: 8,400 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:	Houston ISD
Elementary School:	Lewis Elementary School Good |
Middle School:	Ortiz Middle School Good |
High School:	Chavez 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: Realty Right
Email Listing Broker

Last updated as of: 06/26/2024

Property Tax

Market Value Per Appraisal District

Cost/Sqft based on Market Value

Tax Year	Cost/sqft	Market Value	Change	Tax Assessment	Change
2023	$112.99	$240,000	4.49%	$240,000	4.49%
2022	$108.14	$229,698	17.17%	$229,698	17.17%
2021	$92.30	$196,041	4.93%	$196,041	4.93%
2020	$87.96	$186,829	3.54%	$186,829	9.73%
2019	$84.95	$180,436	10.08%	$170,267	10.00%
2018	$77.17	$163,917	9.98%	$154,789	10.00%
2017	$70.17	$149,049	4.32%	$140,718	10.00%
2016	$67.27	$142,879	2.48%	$127,926	10.00%
2015	$65.64	$139,417	31.87%	$116,297	10.00%
2014	$49.78	$105,725	0.00%	$105,725	0.00%
2013	$49.78	$105,725	-12.88%	$105,725	-12.88%
2012	$57.14	$121,361		$121,361

2023 Harris County Appraisal District Tax Value
Market Land Value:	$50,400
Market Improvement Value:	$189,600
Total Market Value:	$240,000

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 %
HOBBY AREA DISTRICT:	0.1250 %
Total Tax Rate:	2.1398 %

 

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$ 1,326Monthly

Principal & Interest

$ 898

Property Tax

$ 428

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