7711 Melanie St

Houston, TX 77016
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Sold
Sold
$215,001 - $250,000
Sold on May 03, 2024
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10 Bedroom(s)
4 Full Bath(s)
2,036 Sqft.
8,432 Lot Sqft
Single-Family

Home value comparables

Using a REALTOR is the best way to determine the market price of a home. Start this process by viewing the third-party valuations and then contact a Realtor to determine a reasonable purchase price for a home.

Current Valuations

Home Value Comparables
AVM Value
$202K
AVM Value
$198K
AVM Value
$198K
AVM Value
$242K
Value Range
$192K - $212K
Value Range
$186K - $210K
Value Range
$188K - $208K
Value Range
$ 242,000
Confidence Score
95%

Margin of Error*: 5%
Confidence Score
88%

Margin of Error*: 6%
Confidence Score
NA
Confidence Score
NA
Limitations: This represents an estimated sales price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice. The values do not include a physical or visual inspection of the subject property. User shall not use the values in lieu of an appraisal by a licensed appraiser or as a basis for making any financial decision.

Zestimate Home Values are provided by Zillow, Inc. Use is subject to Zillow Terms of Use and are provided as-is, as-available.
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Description

Welcome to 7711 Melanie, CURRENTLY TENANT OCCUPIED and being rented as a Co-Living home. It is a fantastic turn-key investment opportunity in a prime location. This property boasts 10 bedrooms and 4 bathrooms (2 primary/ 2 hall,) perfect for a co-living / multi gen family / group home / assisted living / senior care / or other arrangements for amazing rental income. With some TLC and a little bit of elbow grease, this fixer-upper has incredible potential for a savvy investor. The tenant-occupied home is a landlord's dream, offering massive cashflow and value-add opportunities. Under new management and ready to make you mint. Don't miss out on this chance to turn this diamond in the rough into a shining gem. This home can be purchased by itself or as a part of 18 unit SFR portfolio.

MLS#
94870743
Sold Price Range
$215,001 - $250,000
Listing Status
Sold
Address
7711 Melanie St
City
State
TX
Zip Code
County
Legal Description
LT 2 BLK 2O SCENIC WOODS
Property Type
Single-Family
Bedroom
10 Bedroom(s)
Bath
4 Full Bath(s)
Stories
1
Architecture Style
Contemporary/Modern
Year Built
1969 / Appraisal District
Building Size
2,036 Sqft/Appraisal District
Lot Size
8,432 Sqft./Appraisal District
Key Map©
415W
Market Area

Exterior

Roof
Composition
Foundation
Slab
Private Pool
No
Exterior Type
Brick
Lot Description
Subdivision Lot
Water Sewer
Public Sewer, Public Water, Water District

Rooms

Primary Bedroom
x, 1st
Primary Bedroom
x, 1st
Bedroom
x, 1st
Bedroom
x, 1st
Bedroom
x, 1st
Bedroom
x, 1st
Bedroom
x, 1st
Bedroom
x, 1st
Bedroom
x, 1st
Bedroom
x, 1st
Bath
x, 1st
Bath
x, 1st
Bath
x, 1st
Bath
x, 1st

Interior

Countertop
Granite
Bedroom Description
All Bedrooms Down
Cooling
Central Gas
Heating
Central Gas
Dishwasher
Yes
Disposal
Yes

Lot information

Lot Size
8,432 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

Additional information

Dwelling Type
Free Standing
HOA Mandatory
No
List Type
Exclusive Right to Sell/Lease
Buyer Agent Compensation*
3%
Sub Agent Compensation*
1.5%

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

Financial

Financing Considered
Cash Sale, Conventional, FHA, VA
Other Fees
No
Maintenance Fee
No
Taxes w/o Exemp
$4,876/2023
Tax Rate
2.0148

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Estimated electricity cost

Analysis for
7711 Melanie St
An Energy Ogre member at this location would SAVE $125/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
$-----
$-----
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 21, 2024 at 05:58 PM
Listing last updated May 21, 2024 at 10:02 AM

7711 Melanie St, Houston, TX 77016. View photos, map, tax, nearby homes for sale, home values, school info...

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