new - 2 days on rocket

1074 S Ln Unit A, Houston, TX, 77088

$280,000

Home List Price

$3,325*

Closing Credit

6 Bedrooms
4 Full Baths
2,418 SqFt
$116/SqFt
Multi

Location

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1074 S Ln Unit A, Houston$280,000

Buyer Closing Credits

$3,325*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built2005
HeatingCentral, Electric
CoolingCentral Air, Electric
MLS #35400651
StatusActive

About 1074 S Ln Unit A

Amazing Living and Investment Opportunity! This well-maintained duplex features two 3-bedroom, 2-bathroom units, each with spacious layouts, open-concept kitchens, and in-home laundry rooms. Unit A boasts a brand-new HVAC system, and the property is set to receive a brand-new roof. Both units are currently on month-to-month leases, generating a combined rental income of $2,800 per month. Whether you're looking to live in one unit while renting out the other or keep both units as income-generating rentals, this property offers incredible flexibility and potential. Don’t miss out on this versatile investment!

Property Details

Property Features

Property Information:

  • Year Built: 2005
  • Living Area: 2,418 SqFt

Listing Office:

  • Office Name: 5th Stream Realty
  • Office Phone: (214) 868-0707
  • Listing Agent: Cody Purtle

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 6

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: Take S Victory St, turn north on Wheatley ST and then right on S Lane. The property will be the one on the left. Vacant property is the one in the back, Unit B.

Price Information

Listing Price Info

Price Summary:

  • List Price: $280,000
  • Price Per SqFt: $116/SqFt
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Housing Market Comparison

See how this home compares to others in Houston, TX.

Med. Sold Price

$319.9K

Med. Price/SqFt

$166

Avg. Days On Market

39

# of Sold Homes

1969

1074 S Ln Unit A vs Houston

2 DAYS ON ROCKET

-37 Days

$280,000

-$39.9K Less

$116/SqFt

-$50 Less

KEY TAKEAWAY

This property is $39.9K less than the Median Sold Price and $50/SqFt less than other homes in Houston, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HAR
  • MLS Number: #35400651

Listing Office:

  • Office Name: 5th Stream Realty
  • Office Phone: (214) 868-0707
  • Listing Agent: Cody Purtle

Broker ReciprocityDisclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”.

Copyright© 2024 Houston Realtors Information Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 11/21/2024, 3:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,465

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$906

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-165778
5
/10
  • Anderson Academy

  • 7401 Wheatley St

  • 0.42 miles

  • Public Magnet Grades 1-5

school-card-donut-165779
6
/10
  • Osborne Elementary School

  • 800 Ringold St

  • 0.76 miles

  • Public District Grades EE-5

school-card-donut-165780
5
/10
  • Wesley Elementary School

  • 800 Dillard St

  • 1.09 miles

  • Public Magnet Grades EE-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,552. Residents of Houston, TX typically earn less than $35k each year. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas


Rocket HomesTexasHarris CountyHouston770881074 S Ln Unit A

This home is located at 1074 S Ln Unit A in Houston, TX and zip code 77088 in the North Houston neighborhood. This 2,418 square foot home was built in 2005. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 19, 2024 and is currently priced at $280,000.

In October 2024 more than 298 listings in Houston, TX were sold above the asking price. During the same period more than 429 listings were sold at asking price, while more than 1241 were sold below. Between September 2024 and October 2024, Houston, TX real estate market has seen increase in the number of listings by 19%. The median list price of listings available in October 2024 was $319,958, while the average time on the real estate market was 39 days.

From Rocket Homes Real Estate and based on county public records data.

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