Main House being remodeled. 9.5% Cap! Fantastic opportunity to own two structures on one Corner Lot. Most Photos were taken in between tenants. The 1-story house faces Newport St. It has it's own fenced yard and Carport with ample guest parking. The 2-story Duplex is adjacent with its own fenced yard and covered parking. Main House MANY updates (2023 & 2024) see attached form and duplex (2021) windows (2020), roof & carport on duplex (2020), fresh paint in and out. SF House proforma rent for $1,525 and pays all of their own utilities. Duplex rents for $725 and $850. Total monthly gross income $3,100. See attachments for appraisal, list improvements & survey. Room dimensions are approximate. Value add opportunity to increase rents or new construction later. Not shown without a SOLID preapproval or Cash bank statement. PLEASE DO NOT DISTURB TENANTS. Serious buyers ONLY.

General Description

MLS#:

94744247 (HAR)

Sold Price Range:

$325,001 - $370,000

Listing Status:

Sold

Address:

2002 Hatwell St

City:

Houston

State:

TX

Zip Code:

77023

County:

Harris County

Subdivision:

Edmundson 1 Thru 7 (View subdivision price trend)

Legal Description:

LT 75 W L EDMUNDSON SEC 6

Property Type:

Multi-Family - Triplex

Stories:

1

Year Built:

1935 / Appraisal District

Building Sqft.:

2,354219(m²) /Appraisal District

Lot Size:

5,000 Sqft.465(m²) /Appraisal District

Key Map©:

534C

Market Area:

East End Revitalized

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Interior Features

Floors:

Carpet, Tile

Countertop:

Granite

Cooling:

Window Units

Heating:

Wall Heater, Window Unit

Microwave:

No

Disposal:

No

Compactor:

No

Dishwasher:

No

Energy Feature:

Ceiling Fans, Insulation - Blown Cellulose, Insulated/Low-E windows, Attic Vents

Exterior Features

Roof:

Composition

Exterior Type:

Cement Board, Wood

Lot Description:

Corner

Parking:

Carport Parking, Driveway Gate, Off Site Parking, Paved Area

Front Door Face:

South, West

Assigned School Information

District:	Houston ISD
Elementary School:	Henderson J Elementary School Excellent |
Middle School:	Navarro Middle School Good |
High School:	Austin 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: Wilhelm Investments & Realty
Email Listing Broker

Selling Broker: Walzel Properties - Corporate Office
Last updated as of: 06/27/2024

Property Tax

Market Value Per Appraisal District

Cost/Sqft based on Market Value

Tax Year	Cost/sqft	Market Value	Change	Tax Assessment	Change
2023	$101.96	$240,004	6.27%	$240,004	6.27%
2022	$95.94	$225,838	16.34%	$225,838	16.34%
2021	$82.47	$194,125	0.00%	$194,125	0.00%
2020	$82.47	$194,125	19.79%	$194,125	19.79%
2019	$68.84	$162,059	6.47%	$162,059	6.47%
2018	$64.66	$152,214	10.27%	$152,214	10.27%
2017	$58.64	$138,038	8.57%	$138,038	8.57%
2016	$54.01	$127,138	8.00%	$127,138	8.00%
2015	$50.01	$117,717	47.15%	$117,717	47.15%
2014	$33.98	$80,000	6.67%	$80,000	6.67%
2013	$31.86	$75,000	-32.88%	$75,000	-32.88%
2012	$47.47	$111,745		$111,745

2023 Harris County Appraisal District Tax Value
Market Land Value:	$109,000
Market Improvement Value:	$131,004
Total Market Value:	$240,004

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 %
GREATER EAST END MGMT:	0.1500 %
Total Tax Rate:	2.1648 %

 

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