Two Beautuful and unique apartments, one unit on first level, one unit on second level. Currently, each are 2 bedroom/loft style studio residential space, perfect for living in one and leasing out the other for additional income. Also, proven as a successful Airbnb. Second level unit has high ceilings with exposed A/C duct and a balcony with views. Washers and dryers included. Buyer could add another unit for more added investment value or convert to a single family home. Located within walking distance to multiple restaurants, Mandell Park, Menil Museum and close to Rice University and St. Thomas University. Nearby to Starbucks and HEB. Great for entertaining! Multiple parking spots in front of the building. PLEASE DO NOT DISTURB TENANTS, DRIVE BY ONLY!

General Description

MLS#:

8069320 (HAR)

Sold Price Range:

$827,001 - $947,000

Listing Status:

Sold

Address:

1612 Richmond Ave

City:

Houston

State:

TX

Zip Code:

77006

County:

Harris County

Subdivision:

Lancaster Place Ext Sec 02 (View subdivision price trend)

Legal Description:

TR 27 BLK 5 LANCASTER PLACE EXTN SEC 2

Property Type:

Multi-Family - Duplex

Stories:

2

Year Built:

2018 / Appraisal District

Building Sqft.:

2,857265(m²) /Appraisal District

Lot Size:

5,250 Sqft.488(m²) /Appraisal District

Key Map©:

492Z

Market Area:

Montrose

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

2 Bdr #:

2

Interior Features

Countertop:

Quartz

Floors:

Concrete, Wood

Cooling:

Central Electric

Heating:

Central Electric

Disposal:

Yes

Dishwasher:

Yes

Microwave:

Yes

Compactor:

No

Energy Feature:

Energy Star/CFL/LED Lights, Insulation - Batt, Insulation - Rigid Foam, Insulated/Low-E windows, HVAC>13 SEER, Digital Program Thermostat

Exterior Features

Roof:

Other

Exterior Type:

Other

Parking:

Paved Area

Parking Unit:

More than Two

Assigned School Information

District:	Houston ISD
Elementary School:	Poe Elementary School Excellent |
Middle School:	Lanier Middle School Excellent |
High School:	Lamar 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: RE/MAX The Woodlands & Spring
Email Listing Broker

Selling Broker: Circa Real Estate LLC
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	$350.02	$1,000,000	8.74%	$1,000,000	8.74%
2022	$321.89	$919,630	0.05%	$919,630	0.05%
2021	$321.74	$919,216	21.61%	$919,216	21.61%
2020	$264.58	$755,900	18.44%	$755,900	18.44%
2019	$223.39	$638,236	43.02%	$638,236	43.02%
2018	$156.20	$446,250		$446,250

2023 Harris County Appraisal District Tax Value
Market Land Value:	$577,500
Market Improvement Value:	$422,500
Total Market Value:	$1,000,000

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 %
Total Tax Rate:	2.0148 %

 

Location

Get Directions

Calculator

$ 3,816Monthly

Principal & Interest

$ 3,816

Home Price

Down Payment

 

%

Loan Term

months

 

years

Annual Interest Rate

Monthly Payment

principal & interest only

Calculate