Houston, TX 77011 7301 Avenue L

$450,000

Pending
7301 Avenue L Houston, TX - Image 17301 Avenue L Houston, TX - Image 27301 Avenue L Houston, TX - Image 3
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Presented By: Carlos Garcia Realty, Inc.;
  • MLS# 93661432
  • 12/05/2024
  • Request Tour
  • Request Info
  • SQFT • 2,800

Home Details

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.
Presented By: Carlos Garcia Realty, Inc.;

Interior Features for 7301 Avenue L

Bathrooms

Total Baths0.00

Other Interior Features

Unit Count1
Sq Ft Total2800
Sq Ft SourceAppraisal District
Cool SystemWindow Units

General for 7301 Avenue L

CityHouston
CountyHarris
DOM30
Directions45 SOUTH TO WAYSIDE (LEFT), TO AVENUE R (RIGHT).
DisclosuresNo Disclosures, Tenant Occupied
Elementary SchoolDE ZAVALA ELEMENTARY SCHOOL (HOUSTON)
Fee Other
Finance AvailableAssumable 1st Lien, Cash Sale, Conventional, Owner Financing
Geo Market AreaEast End Revitalized
Gross Operating Income51600
HeatingSpace Heater
High SchoolAUSTIN HIGH SCHOOL (HOUSTON)
Income Gross51600
Income Net Operating41417
List TypeExclusive Right to Sell/Lease
Maintenance Fee Y/N
Middle SchoolEDISON MIDDLE SCHOOL
New Construction0
OccupancyUnder 10% Vacancy
Property TypeMulti-Family
RestrictionsDeed Restrictions
RoofComposition
School District27 - Houston
StatusPending
Stories1
Sub TypeFourplex
SubdivisionMAGNOLIA PARK 2 NUMBERED BLK
Tax Rate2.86215
Tax Year2024
Unit Total4
Year Built1938
Yearly Taxes5375

Exterior for 7301 Avenue L

Lot Size7600
Lot Size SourceAppraisal District
MetersSeparate Meters
SidingWood

Additional Details

Price History

Schools

High School Austin High School (Houston)
Middle School Edison Middle School
Elementary School De Zavala Elementary School (Houston)

Jeffrey Whitespeare

Founder/Owner
Price $450,000
MLS#93661432
List Date 12/05/2024
Property Type Pending
Phone 713.858.7686
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Request Info
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