OFFICIAL ARV $710,000 upon proper stabilization Located in a Prime Area for Investment. Houston’s East End minutes away from The East River Project, EADO, Downtown, University of Houston, Texas Medical Center and much more Build Equity & Cash Flow upon stabilization! 6 Units (4Plex+2 SFH) with Unit mix = 2 SFH Units (2x1) & 4Plex Units (1x1) 4Plex: 2,220sf, SFH: 785sf & SFH: 720sf Ample surface parking Electric/Gas separately Metered. City Garbage Collection Growing demand in the Real Estate market of this area. The local apartment submarket indicates stable occupancy with increasing rental rates. New residential and commercial developments in the immediate area

General Description

MLS#:

45921424 (HAR)

Sold Price Range:

$370,001 - $420,000

Listing Status:

Sold

Address:

7301 Sherman St #6

Unit No.:

6

City:

Houston

State:

TX

Zip Code:

77011

County:

Harris County

Subdivision:

Magnolia Park Sec 02 (View subdivision price trend)

Legal Description:

LTS 22 23 & 24 BLK 28 MAGNOLIA PARK SEC 2

Property Type:

Multi-Family - Multiple Detached Dw

Stories:

2

Year Built:

1930 / Appraisal District

Building Sqft.:

3,725346(m²) /Appraisal District

Lot Size:

7,500 Sqft.697(m²) /Appraisal District

Key Map©:

495W

Market Area:

East End Revitalized

Ready to sell your home?

If you are considering selling your home, you may find out how now. Request your home selling analysis featuring Recently Sold, Market Analysis, Home Valuations and Market Update.  

GET STARTED

Room Dimension

1 Bdr #:

4

2 Bdr #:

2

Interior Features

Heating:

Window Unit

Cooling:

Window Units

Exterior Features

Roof:

Composition

Lot Description:

Corner

Assigned School Information

District:	Houston ISD
Elementary School:	Gallegos Elementary School Good |
Middle School:	Edison 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: Sanmore Realty
Email Listing Broker

Selling Broker: Non MLS
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	$112.65	$419,630	52.97%	$419,630	52.97%
2022	$73.64	$274,323	57.24%	$274,323	57.24%
2021	$46.84	$174,461	8.62%	$174,461	8.62%
2020	$43.12	$160,615	1.20%	$160,615	1.20%
2019	$42.61	$158,711	6.69%	$158,711	6.69%
2018	$39.94	$148,763		$148,763

2023 Harris County Appraisal District Tax Value
Market Land Value:	$112,500
Market Improvement Value:	$307,130
Total Market Value:	$419,630

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 %

 

Location

Get Directions

Calculator

$ 1,642Monthly

Principal & Interest

$ 1,642

Home Price

Down Payment

 

%

Loan Term

months

 

years

Annual Interest Rate

Monthly Payment

principal & interest only

Calculate