3414 Market Street, Houston TX, 77020
(Pending)
$329,500
|
2 beds, 4 Full baths, 3,024 sqft
|
MLS# 27710509
Last Updated: 5/5/2024 5:42 AM
Description for
3414 Market Street
Houston, TX 77020
> Two duplexes located close to Downtown and Houston's 5th Ward Cultural Arts District! < Up and coming area on a large 10,000 SF lot that fronts on 2 streets; Market Street and Vernon Street in 77020. Anchored by many recent public improvements; Bike lanes along Lyons Avenue, revitalized and historic DeLUXE Theater, Mickey Leland College Preparatory Academy and more.. Property features two duplexes, each unit is 2 bedrooms, total of four 2-bedroom units, 100% occupied, rents; $860, $750, $750, $750, total gross rent; $3,110 / month, tenants pay for their own electricity, owner pays for water only. Large lot 10,000 SF, dimensions 100 x 100, lot fronts on Market st and Vernon St to the South, ideal lot for residential development. Buy now and hold this income producing property with an estimated cap rate of 9%. Do not disturb the tenants, appointment required to walk the property.
Price
$329,500
Long J C
Harris
2
4 Full
3,024 (approx)
27710509
Pending
Description
> Two duplexes located close to Downtown and Houston's 5th Ward Cultural Arts District! < Up and coming area on a large 10,000 SF lot that fronts on 2 streets; Market Street and Vernon Street in 77020. Anchored by many recent public improvements; Bike lanes along Lyons Avenue, revitalized and historic DeLUXE Theater, Mickey Leland College Preparatory Academy and more.. Property features two duplexes, each unit is 2 bedrooms, total of four 2-bedroom units, 100% occupied, rents; $860, $750, $750, $750, total gross rent; $3,110 / month, tenants pay for their own electricity, owner pays for water only. Large lot 10,000 SF, dimensions 100 x 100, lot fronts on Market st and Vernon St to the South, ideal lot for residential development. Buy now and hold this income producing property with an estimated cap rate of 9%. Do not disturb the tenants, appointment required to walk the property.
Listing Information
| Property Type: Fourplex, Multi-Family, 1 Story | ||
| 2 | 4 Full | |
| 3,024 (approx) | 1930 | 1 |
Long J C
Neighborhood
School Information
| District: 27 - Houston | ||
| BRUCE ELEMENTARY SCHOOL | FLEMING MIDDLE SCHOOL | WHEATLEY HIGH SCHOOL |
Room Information
| Bathrooms | |||
| 4 | |||
Interior Features
Range
Ceiling Fan(s), Window Unit(s)
Electric Heating,
Space Heater
Exterior / Lot Features
Slate
Driving Directions
From Downtown, I-10 East to Waco ( left ), to Market Street ( left ).
Financial Considerations
| 023-083-000-0014 |
| $4,311 |
Listing Price History
Houston Real Estate
Houston is located in Texas. Houston, Texas 77020 has a population of 2,384,026.
The median household income in Houston, Texas 77020 is $35,121. The median household income for the surrounding county is $66,395 compared to the national median of $66,222. The median age of people living in Houston 77020 is 35 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
| Street Address | City | Beds | Baths | Sold Price | Sold Date | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| No information is available for recently sold properties within this search. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 5/1/2024 | Pending | $329,500 USD |
|
| 4/25/2024 | Active | $329,500 USD |
|
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2022 | $2,983 USD | - | $188,863 USD | - |
| 2021 | $2,983 USD | 51.57% | $188,863 USD | -11.72% |
| 2020 | $1,968 USD | -0.91% | $213,941 USD | 106.69% |
| 2019 | $1,986 USD | 9.12% | $103,509 USD | 26.18% |
| 2018 | $1,820 USD | 21.17% | $82,031 USD | 14.03% |