7009 Avenue H A

Houston, TX 77011
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For Sale
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$539,000
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3,050 Sqft. ($177/Sqft.)
7,500 Lot Sqft
Multi-Family - Fourplex

Audio narrative

Description

Welcome to an exceptional investment opportunity in the heart of Magnolia Park, Houston! This property presents two well-maintained duplexes nestled on a spacious 7500 sqft lot, providing an ideal investment for those seeking a steady income stream. Currently fully occupied, each duplex offers two comfortable 2-bedroom, 1-bath apartments, with a monthly lease rate of $800 per unit. Strategically situated east of downtown Houston, this property is minutes from the University of Houston and Texas Southern University as well as popular downtown destinations, offering residents a plethora of entertainment, dining, and cultural options. This property represents a solid investment opportunity in a prime location with strong rental demand. Don't miss the chance to add this income-generating property to your portfolio and capitalize on the thriving real estate market in Magnolia Park, Houston. Schedule a viewing today to experience the potential and value this investment holds.

MLS#
65580253
List Price
$539,000
($177/Sqft.)
Listing Status
For Sale
Address
7009 Avenue H A
Unit No.
A
City
State
TX
Zip Code
County
Legal Description
LTS 18 19 & 20 BLK 71 CENTRAL PARK
Property Type
Multi-Family - Fourplex
Stories
1
Building Size
3,050 Sqft/Appraisal District
Year Built
2004 /Appraisal District
Lot Size
7,500 Sqft./Appraisal District
Key Map©
494V
Market Area

Exterior

Roof
Wood Shingle
Parking
Paved Area
Parking Unit
More than Two

Interior

Cooling
Central Electric
Heating
Central Electric

Rooms

2 Bdr #
4

Lot information

Lot Size
7,500 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
Other Fees
No
Maintenance Fee
No
Taxes w/o Exemp
$9,719/2023
Tax Rate
2.3519

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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Total views

Estimated electricity cost

Analysis for
7009 Avenue H A
An Energy Ogre member at this location would SAVE $177/year. Find out more
Wondering if you're overpaying for electricity at your current home? Check now!

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 May 24, 2024 at 04:52 AM
Listing last updated May 17, 2024 at 04:57 PM

7009 Avenue H A, Houston, TX 77011. View photos, map, tax, nearby homes for sale, home values, school info...

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