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316 Thornton Rd

Houston, TX 77018
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New constructionNew construction
25,214 Sqft. ($228/Sqft.)
22,500 Lot Sqft
Multi-Family - Multiple Detached Dw

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General Description

Great opportunity to buy 14 new construction built to rent town homes in growing Houston independence Heights area. All homes are finished and fully leased. Next phase 12 homes foundations are poured and will be ready to move in 8-10 months. Price includes 14 homes. All will be 3 story 3 bed 3.5 bath single family townhomes with luxury finishings. Homes would be sold individually too. Could be feasible for 1031 exchange or tax write off. Listing agent is seller and builder.

MLS#
47597003
List Price
$5,750,000 ($228/Sqft.)
Listing Status
For Sale
Address
316 Thornton Rd
City
Houston
State
TX
Zip Code
77018
County
Harris County
Subdivision
Thornton Homes
Legal Description
LT 10 BLK 1 LANDING AT YALE
Property Type
Multi-Family - Multiple Detached Dw
Stories
3
Building Size
25,214 Sqft/Builder
Year Built
2023 /Builder
Lot Size
22,500 Sqft./Other
Market Area

Exterior

Roof
Composition
Exterior Type
Wood
Controlled Access
Automatic Gate
Front Door Face
East,West

Additional information

List Type
Exclusive Right to Sell/Lease
Unit Feature
Balcony,Hardwood Floors
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.

Financial

Other Fees
No
Maintenance Fee
No
Taxes w/o Exemp
$3,464/2023
Tax Rate
2.0148

Interior

Countertop
Quartz
Floors
Engineered Wood, Stone
Cooling
Central Electric
Heating
Central Gas
Compactor
Yes
Dishwasher
Yes
Disposal
Yes
Microwave
Yes
Energy Feature
Ceiling Fans, Energy Star Appliances, Insulation - Batt

Rooms

Unit3 Bed1
12 x 10
Unit3 Bed2
12 x 12
Unit3 Bed3
12 x 14
Unit3 Kitchen
12 x 12
Unit3 Living
18 x 11
3 Bdr #
14

Lot Information

Lot Size
22,500 Sqft. /Other
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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

Listing Broker

Source

Houston Association of REALTORS
Source last updated Apr 26, 2024 at 11:42 PM
Listing last updated Apr 15, 2024 at 03:28 PM

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

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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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

Subdivision Facts

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Copyright© 2024 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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