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3 Bed(s)
2 Full Bath(s)
5,445 Bldg Sqft.
7,200 Lot Sqft.
Multi-Family - Fourplex
34 Day(s) on HAR.com
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General Description

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A true gem full of 1930's character with today's comfort! This fourplex property has multiple use possibilities with a potential income of $5,500+ monthly. It is currently, being used as a residential/commercial property. There are 2 large 3 bedroom,2 bath units,1-bedroom/1bath w/study,& 1-bedroom/1bath garage apt. Each 3-bedroom unit boasts Inviting entries,Stately family room w/fireplace and vaulted wood beam ceilings,gleaming hardwoods,large windows w/french doors(downstairs),spacious bedrooms, charming kitchen, separate breakfast and dining areas with built-ins,Central Air & Heat, plus washer/dryer connections. Conveniently located in the heart of the city near Downtown, TMC, Museums, Parks, Universities,Restaurants, and shopping. Appointments are required! Please DO NOT DISTURB the tenants.

Listing Price:
$ 699,000 ($128.37/sqft.)
$Convert
Reduced 12.52%
Reduced 12.52%
Listing Status:
For Sale
Address:
2318 Arbor Street
City:
State:
TX
Zip Code:
County:
Legal Description:
LT 11 BLK 9 RIVERSIDE TERRACE SEC 1
Property Type:
Multi-Family - Fourplex
Bedrooms:
3 Bedroom(s)
Baths:
2 Full Bath(s)
Stories:
3
Year Built:
1930 / Appraisal District
Building Sqft.:
5,445 /Appraisal District
Lot Size:
7,200 Sqft. /Appraisal District
Key Map©:
533B
Market Area:
MLS#:
42013738 (HAR)


Rooms/Lot Dimensions

Unit3 Bed1:
15x17
Unit3 Bed2:
14x15
Unit3 Kitchen:
12x15
Unit3 Living:
25x15
2 Bdr #:
2
3 Bdr #:
2



Interior Features

Floors:
Carpet, Tile, Wood
Cooling:
Central Electric, Central Gas
Heating:
Central Electric, Central Gas
Disposal:
Yes
Dishwasher:
Yes


Exterior Features

Roof:
Other
Exterior Type:
Brick & Wood
Lot Description:
Cleared, Corner
Unit Location:
Cleared, Corner


Lot Information

  Lot Size: 7,200 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


Additional Information

List Type:
Exclusive Right to Sell/Lease


Financial Information

Financing Considered:
Cash Sale, Conventional, Investor
Other Fees:
No
Maintenance Fee:
No
Taxes w/o Exemp:
$9, 201/2018
Tax Rate:
2.6454


Listing Broker:

United Real Estate

Property Tax

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Cost/sqft based on Tax Value
Tax Year Cost/sqft Tax Assessment Change
2018 $63.88 $347,800 0.00%
2017 $63.88 $347,800 8.32%
2016 $58.97 $321,078 11.92%
2015 $52.69 $286,870 27.68%
2014 $41.26 $224,675 10.00%
2013 $37.51 $204,250 0.00%
2012 $37.51 $204,250
2018 Harris County Appraisal District Tax Value
Market Land Value: $105,825
Market Improvement Value: $241,975
Total Market Value: $347,800

Tax History
2018 Assessed Value/Appraisal District: $347,800
2017 Assessed Value/Appraisal District: $347,800
2016 Assessed Value/Appraisal District: $321,078
2015 Assessed Value/Appraisal District: $286,870
2014 Assessed Value/Appraisal District: $224,675
2013 Assessed Value/Appraisal District: $204,250
2012 Assessed Value/Appraisal District: $204,250
2018 Tax Rates
HOUSTON ISD: 1.2067 %
HARRIS COUNTY: 0.4186 %
HC FLOOD CONTROL DIST: 0.0288 %
PORT OF HOUSTON AUTHORITY: 0.0116 %
HC HOSPITAL DIST: 0.1711 %
HC DEPARTMENT OF EDUCATION: 0.0052 %
HOUSTON COMMUNITY COLLEGE: 0.1003 %
HOUSTON CITY OF: 0.5883 %
GREATER SE MGMT DIST: 0.1150 %
Total Tax Rate: 2.6454 %
harris County Appraisal District

Estimated Mortgage/Tax

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$3,436 Monthly
Estimated Monthly Principal & Interest (Based on the calculation below) $ 2,670
Estimated Monthly Property Tax (Based on Tax Assessment 2018) $ 767
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Subdivision Facts

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2018 Subdivision Facts

Subdivision Name:
Riverside Terrace (Houston)
County / Zip Code:
77021
Single Family Properties:
1,369
Average Bedrooms:
3.47
Average Baths:
2.64
Median Square Ft.:
2,439
Median Lot Square Ft.:
9,000
Median Year Built:
1949
Median Appraised Value:
$233,461
Neighborhood Value Range:
$97 - $493 K
Median Price / Square ft.:
$143.87

View Price Trends for Riverside Terrace (houston)

Schools

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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
Lockhart Elementary School Elementary . PK - 05 . HOUSTON ISD
Average |
Cullen Middle School Middle . 06 - 08 . HOUSTON ISD
Below Average |
Yates High School High . 09 - 12 . HOUSTON ISD
Fail |

View Nearby Schools

Property Map

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2318 Arbor Street, Houston, TX 77004 Directions


Nearby places and schools.
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2318 Arbor Street Houston TX 77004 is listed for sale for $699,000. It is a 5,445 SQFT, 3 Beds, 2 Full Bath(s) in Riverside Terrace Sec 01.

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