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For Sale 77037 Houston

511 Gulf Bank Rd #5

Houston, TX 77037

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For Sale

Active

$1,800,000

Est. Mortgage 9,745/month

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5,800 Sqft. ($310/Sqft.)

196,590 Lot Sqft

Multi-Family - Multiple Detached Dw

373 Day(s) on Market

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Description

This commercial property at 511 Gulf Bank offers a fantastic opportunity for investors looking to capitalize on a current cash flow and the potential for future expansion. Situated on over 4.5 acres, this prime location is ideal for constructing a commercial building. With a price tag of $1,800,000, this multi-family property boasts multiple detached dwellings and spans across 5,800 square feet. Built in 1960, the property also offers ample space with its expansive lot size of 196,590 square feet. Don't miss out on this remarkable chance to own a profitable commercial property in a sought-after area.

MLS#

56432460

List Price

$1,800,000 ($310/Sqft.)

Listing Status

For Sale

Address

511 Gulf Bank Rd #5

Unit No.

City

Houston

State

Zip Code

77037

County

Harris County

Subdivision

Hill W L (View subdivision price trend)

Legal Description

TRS 66A 66C & 66D HILL W L

Property Type

Multi-Family - Multiple Detached Dw

Stories

Building Size

5,800 Sqft/Seller

Year Built

1960 /Appraisal District

Lot Size

196,590 Sqft./Appraisal District

Key Map©

413K

Market Area

Aldine Area

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directions

Rafael Perez Platinum

Fathom Realty

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Exterior

Roof

Composition

Interior

Cooling

Central Electric, Window Units

Heating

Central Electric, Central Gas, Other Heating, Window Unit

Lot information

Lot Size

196,590 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

Other Fees

Maintenance Fee

Taxes w/o Exemp

$7,416/2022

Tax Rate

2.0473

Additional information

List Type

Exclusive Right to Sell/Lease

Buyer Agent Compensation*

Sub Agent Compensation*

*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

Analysis for

511 Gulf Bank Rd #5

An Energy Ogre member at this location would SAVE $309/year. Find out more

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Property tax

Cost/Sqft based on tax value

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Mortgage

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

Estimated Monthly Payments

LIST PRICE

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Monthly Homeowner's Insurance Monthly PMI (Private Mortgage Insurance) Monthly HOA fees

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Listing Tax	Numbers
Principal & Interest	2,841
Taxes	1,242

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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.