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General Description
minimizeGORGEOUS NEW 10 unit property in East Houston. Fully occupied and cashflowing! buy at 7 CAP with this price! All tenants on 1 year leases. This property was fully rebuilt from the ground up, it has new plumbing, new electrical, new sheetrock, flooring, brand new kitchens and bathrooms with marble surrounds! Ce tral coin-op laundry is OWNED and will be conveyed with property (makes about $200 a month). Don't pass on your opportunity to own a PERFECT property in a great location! METRO has announced it will be expanding the lightrail to go in front of the property and all the way to Hobby Airport, so jump on it soon! Sorry no owner fin ancing, but we can help you find a 3rd party bank! Inquire with broker.
Rooms/Lot Dimensions
Interior Features
Exterior Features
Additional Information
Financial Information
Selling Agent and Brokerage
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Property Tax
minimizeMarket Value Per Appraisal District
Cost/sqft based on Market Value
| Tax Year | Cost/sqft | Market Value | Change | Tax Assessment | Change |
|---|---|---|---|---|---|
| 2023 | $150.66 | $707,041 | 28.55% | $707,041 | 28.55% |
| 2022 | $117.20 | $550,018 | 24.15% | $550,018 | 24.15% |
| 2021 | $94.40 | $443,017 | 67.49% | $443,017 | 67.49% |
| 2020 | $56.36 | $264,496 | 25.96% | $264,496 | 25.96% |
| 2019 | $44.75 | $209,991 | 56.56% | $209,991 | 56.56% |
| 2018 | $28.58 | $134,127 | 0.00% | $134,127 | 0.00% |
| 2017 | $28.58 | $134,127 | 8.29% | $134,127 | 8.29% |
| 2016 | $26.39 | $123,864 | 0.00% | $123,864 | 0.00% |
| 2015 | $26.39 | $123,864 | -1.49% | $123,864 | -1.49% |
| 2014 | $26.79 | $125,740 | 0.00% | $125,740 | 0.00% |
| 2013 | $26.79 | $125,740 | -17.93% | $125,740 | -17.93% |
| 2012 | $32.65 | $153,211 | $153,211 |
2023 Harris County Appraisal District Tax Value
| Market Land Value: | $161,625 |
| Market Improvement Value: | $545,416 |
| Total Market Value: | $707,041 |
2023 Tax Rates
| HOUSTON ISD: | 1.0372 % |
| HARRIS COUNTY: | 0.3437 % |
| HC FLOOD CONTROL DIST: | 0.0306 % |
| PORT OF HOUSTON AUTHORITY: | 0.0080 % |
| HC HOSPITAL DIST: | 0.1483 % |
| HC DEPARTMENT OF EDUCATION: | 0.0049 % |
| HOUSTON COMMUNITY COLLEGE: | 0.0956 % |
| HOUSTON CITY OF: | 0.5336 % |
| GREATER EAST END MGMT: | 0.1500 % |
| Total Tax Rate: | 2.3519 % |
Estimated Mortgage/Tax
minimize| Estimated Monthly Principal & Interest (Based on the calculation below) | $ 3,814 |
| Estimated Monthly Property Tax (Based on Tax Assessment 2023) | $ 1,386 |
| Home Owners Insurance | Get a Quote |
Subdivision Facts
minimize2023 Subdivision Facts
Schools
minimizeSchool 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
Good |
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Property Map
minimize120 S 79th Street Houston TX 77012 was recently sold. It is a 4,693 SQFT, in Magnolia Park Sec 02.
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