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Key Details
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Magnolia Park
MLS Listing ID 81304759
Sold Date 08/24/17
Tax Year 2016
Lot Size 0.933 Acres
Acres 0.9326
Property Description
Multiple offers**** BEING SOLD AS IS** Lot size; 40,625 sq.ft-per survey** Great location in the EAST END! This area has a lot of development potential! Generating good cash flow-currently grossing over $19,600/MTH with 10 vacancies! Only two SEC 8 units @ $800/month, remaining 2 bedroom units (NON SEC 8) rent between $500 to $650/MTH** There is an opportunity to capture an additional $8000/MTH bringing the projected monthly gross to $27,600+** Separate metered** Recent roof* LOI Required**
Location
State TX
County Harris
Area East End Revitalized
Direction 45
Building
Lot Description Can Be Subdivided
Lot Size Range 3/4 Up to 1 Acre
Sewer Public Sewer
Water Public Water
Schools
Elementary Schools De Zavala Elementary School (Houston)
Middle Schools Edison Middle School
High Schools Milby High School
School District 27 - Houston
Others
Restrictions Deed Restrictions
Tax ID 025-139-000-0029
Acceptable Financing Conventional
Tax Rate 2.67856
Disclosures No Disclosures
Listing Terms Conventional
Financing Cash Sale,Conventional
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Bought with Gold Quest Realty - Galleria
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