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12,889 Lot Sqft.
Lots
71 Day(s) on HAR.com
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General Description

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Excellent investment opportunity to capitalize on the location in the heart of the world's largest medical center, the Texas medical center. It's located in an area with high income demographics and strong growth. Ideal for both commercial and residential use including building medical facilities and labs, also suitable for setting up complex/high-rise to meet growing demand for housing in the area. Immediate area characterized by new high-rise condominium and high-rise office development. Location makes it very unique as you get convenient access to IH 610, IH-45, US 59 and IH-10. May be the only tract of land in the area - buy and build before it is gone!

MLS#:
58364923 (HAR)
Listing Price:
$ 2,200,000
$Convert
Listing Status:
For Sale
Address:
7301 Fannin Street
City:
State:
TX
Zip Code:
County:
Subdivision:
SCR
Legal Description:
RES A BLK 1 SCR
Property Type:
Lots
Lot Size:
12,889 Sqft. /Appraisal District
Market Area:


Exterior Features

Lot Description:
Corner, Other
Water Sewer:
Public Sewer, Public Water
Cable:
Unknown
Phone:
Unknown
Gas:
Gas Available
Electric:
Electric Available
Unit Location:
Corner, Other



Lot Information

  Lot Size: 12,889 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
Other Fees:
No
Maintenance Fee:
No
Taxes w/o Exemp:
$19, 783/2020
Tax Rate:
2.5366


ELECTRICITY

Property Tax

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Cost/sqft based on Market Value
Tax Year Cost/sqft Market Value Change Tax Assessment Change
2020 $-- $779,892 19.80% $779,892 19.80%
2019 $-- $651,002 0.00% $651,002 0.00%
2018 $-- $651,002 $651,002
2020 Harris County Appraisal District Tax Value
Market Land Value: $773,340
Market Improvement Value: $6,552
Total Market Value: $779,892
harris County Appraisal District
2020 Tax Rates
HOUSTON ISD: 1.1367 %
HARRIS COUNTY: 0.4071 %
HC FLOOD CONTROL DIST: 0.0279 %
PORT OF HOUSTON AUTHORITY: 0.0107 %
HC HOSPITAL DIST: 0.1659 %
HC DEPARTMENT OF EDUCATION: 0.0050 %
HOUSTON COMMUNITY COLLEGE: 0.1003 %
HOUSTON CITY OF: 0.5679 %
GREATER SE MGMT DIST: 0.1150 %
Total Tax Rate: 2.5366 %

Estimated Mortgage/Tax

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$10,051 Monthly
Estimated Monthly Principal & Interest (Based on the calculation below) $ 8,403
Estimated Monthly Property Tax (Based on Tax Assessment 2020) $ 1,649
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Years
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Use this mortgage calculator to create and estimate your monthly mortgage payment(principal and interest) and estimates for property taxes(based on past rates).

Subdivision Facts

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Facts (Based on Active listings)

Market Area Name:
Medical Center Area
Home For Sales:
281
Average List Price:
$256,156
Average Bedrooms:
2.01
Average Baths:
1.73
Average Square Ft.:
1,463
Average Price/Square Ft.:
$174.80
Home For Lease:
205
Average Lease:
$1,374
Average Lease/Square Ft.:
$1.28

Market Update Video

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Medical Center Area

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
ROBERTS Elementary School Elementary . EE - 05 . HOUSTON ISD
Excellent |
CULLEN Middle School Middle . 06 - 08 . HOUSTON ISD
Below Average |
LAMAR High School High . 09 - 12 . HOUSTON ISD
Good |

View Nearby Schools

7301 Fannin Street Houston TX 77030 is listed for sale for $2,200,000. It is a 0.30 Acre(s) Lot, in SCR.

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