For Sale
7301 Avenue L Houston, TX 77011
$450,000
Description
Excellent performing investment property located in the Greater East End! 4 houses, good size lot, each home ( 700 SQ.FT per HCAD ) is a 2 bedroom 1 bath unit, each home is individually metered for gas, electricity and water! Tenants pay ALL utilities! HCAD Taxes $5,375 ( 2024 ), Insurance $4,808 / year. Current monthly gross $4350 per seller. 100% occupied, cash flow opportunity! < Current Cap 9%+ > Recent improvements have been made by the current owner! Tenants are on leases with some coming up for renewal within the year. Call for more information or to set up a site visit. Please do not walk the property without an appointment.
Overview
Financial
Price:
$450,000
Price/SqFT:
$160.71
HOA Fee:
Tax Rate:
2.16481 %
Est. Monthly:
$6,391 *
Tax Amount:
$9,742
Amenities and features
Property & Schools on Map
Floor plans / Dimensions / Descriptions
-
InteriorHeating:Space HeaterCooling:Window Units
-
ExteriorRoof:CompositionExterior Type:Wood
Listed By:
Eric Garcia
Carlos Garcia Realty, Inc.
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