2612 Riverside Drive

Houston, TX 77004
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Sold
Sold
$1,638,001 - $1,888,000
Sold on October 29, 2021
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32,021 Lot Sqft
Lots

Description

2612 Riverside Drive provides a very rare opportunity for a developer or investor to purchase a single tract of land with 32,021 sq. ft. in the heart of the city. Formerly, this property operated as a 41 unit motel and also includes a separate retail space which is currently a hair salon. This area has seen tremendous new construction & redevelopment all around including the neighboring lot (23K sq. ft.) which was replatted for 12 townhouses of which all have sold. The property is situated 1 block from Highway 288, 2 blocks from a brand new HEB grocery store and less than 10 minutes from both Downtown & the Texas Medical Center. Major universities including Rice, Texas Southern, University of Houston and St. Thomas are located within a close vicinity as well.

MLS#
56468195
Sold Price Range
$1,638,001 - $1,888,000
Listing Status
Sold
Address
2612 Riverside Drive
City
State
TX
Zip Code
County
Legal Description
RES A BLK 1 RIVERSIDE TERRACE SEC 5 AMEND PAR R/P
Property Type
Lots
Lot Size
32,021 Sqft./Appraisal District
Key Map©
533B
Market Area

Exterior

Lot Description
Can Be Subdivided, Open, Other, Subdivision
Cable
Available
Water Sewer
Public Sewer, Public Water
Phone
Available
Electric
Electric Available
Gas
Gas Available
Road Surface
Concrete
Unit Location
Can Be Subdivided,Open,Other,Subdivision
Area Pool
No

Rooms

Lot Dim (F)
170
Lot Dim (B)
250
Lot Dim (L)
167
Lot Dim (R)
155

Lot information

Lot Size
32,021 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
Conventional, Investor, Other
Other Fees
No
Maintenance Fee
No
Taxes w/o Exemp
$22,559/2020
Tax Rate
2.5366

Additional information

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

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

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Mortgage

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Estimated Monthly Payments

DOWN PAYMENT
Loan Term
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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

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Noise factors

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Source

Houston Association of REALTORS
Source last updated Apr 24, 2024 at 08:47 AM
Listing last updated Nov 01, 2021 at 04:14 PM

2612 Riverside Drive, Houston, TX 77004. View photos, map, tax, nearby homes for sale, home values, school info...

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