516 Reid Street

Houston, TX 77022
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Sold
Sold
$325,001 - $370,000
Sold on July 08, 2022
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2,324 Sqft.
5,750 Lot Sqft
Multi-Family - Triplex

Home value comparables

Using a REALTOR is the best way to determine the market price of a home. Start this process by viewing the third-party valuations and then contact a Realtor to determine a reasonable purchase price for a home.

Current Valuations

Home Value Comparables
AVM Value
$344K
AVM Value
$412K
AVM Value
$380K
AVM Value
$339K
Value Range
$292K - $396K
Value Range
$376K - $447K
Value Range
$350K - $415K
Value Range
$ 338,592
Confidence Score
85%

Margin of Error*: 15%
Confidence Score
85%

Margin of Error*: 9%
Confidence Score
NA
Confidence Score
NA
Limitations: This represents an estimated sales price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice. The values do not include a physical or visual inspection of the subject property. User shall not use the values in lieu of an appraisal by a licensed appraiser or as a basis for making any financial decision.

Zestimate Home Values are provided by Zillow, Inc. Use is subject to Zillow Terms of Use and are provided as-is, as-available.
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Description

COME SEE THIS TRIPLEX ON THE LOOP, UNRESTRICTED LOT WHICH INCLUDES A 4 BEDROOMS, 2 BATHROOM HOME. NEWLY RENOVATED WITH LAMINATE FLOORS, PAINT, AND NEW CEILING FANS. FULLY FENCED ALL AROUND PROPERTY. THE DUPLEX IS LOCATED FACING THE NORTH LOOP EAST. EACH APARTMENT IS 1 BED/ 1 BATH. THE DUPLEX IS FULLY LEASED. VALUE ADD OPPORTUNITY. PERFECTLY LOCATED BETWEEN DOWNTOWN AND HEIGHTS. ONLY A FEW EXITS EAST FROM HEIGHTS AND FEW MILES NORTH FROM DOWNTOWN. LOCATED ON NORTH LOOP EAST AND CLOSE PROXIMITY TO I45 NORTH, AND HARDY TOLL ROAD. WATER BILL IS SHARED AND BILLED BACK TO TENANTS. PLEASE CONTACT ELIZABETH FOR ANY QUESTIONS. RARE FIND MULTIFAMILY WITH GREAT LOCATION! CONTACT YOUR INVESTOR CLIENTS! INDEPENDENTLY VERIFY ROOM DIMENSIONS. PLEASE CONTACT ELIZABETH FOR ALL QUESTIONS. PLEASE INCLUDE PROOF OF FUNDS WITH YOUR OFFER. SERIOUS OFFERS ONLY. PLEASE DO NOT DISTURB TENANTS.

MLS#
37687250
Sold Price Range
$325,001 - $370,000
Listing Status
Sold
Address
516 Reid Street
City
State
TX
Zip Code
County
Legal Description
TRS 12B & 15A BLK 2 LINDALE COURT
Property Type
Multi-Family - Triplex
Stories
1
Year Built
1950 / Appraisal District
Building Size
2,324 Sqft/Appraisal District
Lot Size
5,750 Sqft./Appraisal District
Key Map©
453Q
Market Area

Exterior

Roof
Composition
Parking Unit
Two
Front Door Face
North

Interior

Floors
Laminate, Tile
Cooling
Central Electric
Heating
Central Electric, Central Gas
Disposal
Yes
Energy Feature
Ceiling Fans

Lot information

Lot Size
5,750 Sqft. /Appraisal District
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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

Financial

Financing Considered
Cash Sale, Conventional, Investor, Owner Financing
Other Fees
No
Maintenance Fee
No

Additional information

List Type
Exclusive Right to Sell/Lease
Buyer Agent Compensation*
3%
Sub Agent Compensation*
0%

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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Estimated electricity cost

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Property tax

Cost/Sqft based on tax value

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Down Payment Assistance

Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

DOWN PAYMENT
Loan Term
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Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Subdivision Facts

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Market update video

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Schools

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.

Assigned schools

Nearby schools view nearby schools

Noise factors

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Source

Houston Association of REALTORS
Source last updated Apr 27, 2024 at 06:47 AM
Listing last updated Jul 15, 2022 at 10:36 AM

516 Reid Street, Houston, TX 77022. View photos, map, tax, nearby homes for sale, home values, school info...

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