2 months on rocket

16016 Green Manor Dr, Houston, TX, 77396

$385,000

Home List Price

$4,572*

Closing Credit

4 Bedrooms
2 Full Baths
3,524 SqFt
$109/SqFt
Multi

Location

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16016 Green Manor Dr, Houston$385,000

Buyer Closing Credits

$4,572*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1958
HeatingOther
CoolingOther
MLS #61283822
StatusActive

About 16016 Green Manor Dr

This is a fantastic opportunity for investors, featuring a total of 4-5 rental units! The property is vacant and ready for your vision to transform it into a lucrative heavy income-producing investment. Set on a gated, oversized lot of nearly half an acre, there’s ample space for additions or modifications. Currently, the layout includes four units: a 1-bedroom/1-bath, a 2-bedroom/2-bath, a 2-bedroom/1-bath, and a 4-bedroom/1-bath. Additionally, there’s potential to convert the garage into an extra unit, further increasing rental possibilities. Renovations have already begun, with all studs replaced in the main unit, along with a new AC system, ductwork, some electrical updates, and new bathtubs. Permits are in place, and the interior has been taken down to the studs, allowing you to rework the layout to fit your vision. Don’t miss this incredible chance to create a thriving multi-unit rental property!

Property Details

Property Features

Property Information:

  • Architectural Style: Fourplex
  • Year Built: 1958
  • Stories: 1
  • Living Area: 3,524 SqFt

Listing Office:

  • Office Name: Top Guns Realty on Lake Conroe
  • Office Phone: (936) 582-1700
  • Listing Agent: Evan Ballew

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

Other

Directions Information:

  • Directions: From Hwy 59 North, west on Greens Rd, right on Green Manor,

Price Information

Listing Price Info

Price Summary:

  • List Price: $385,000
  • Price Per SqFt: $109/SqFt
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Housing Market Comparison

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

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Houston, TX

City

Med. Sold Price

$319.9K

Med. Price/SqFt

$166

Avg. Days On Market

39

# of Sold Homes

1969

16016 Green Manor Dr vs Houston

63 DAYS ON ROCKET

+24 Days

$385,000

+$65K More

$109/SqFt

-$57 Less

KEY TAKEAWAY

This property is $65K more than the Median Sold Price and $57/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: #61283822

Listing Office:

  • Office Name: Top Guns Realty on Lake Conroe
  • Office Phone: (936) 582-1700
  • Listing Agent: Evan Ballew

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, 6:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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NMLS#3030

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-395192
4
/10

  • Francis Elementary School

  • 6525 Greens Rd

  • 0.41 miles

  • Public District Grades 1-5

school-card-donut-395193
4
/10

  • North Belt Elementary School

  • 8105 E North Belt

  • 1.86 miles

  • Public District Grades PK-5

school-card-donut-395194
7
/10

  • Fall Creek Elementary School

  • 14435 Mesa Dr

  • 1.96 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,734. Typical income of Houston, TX residents is between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Texas›Harris County›Houston›77396›16016 Green Manor Dr

This home is located at 16016 Green Manor Dr in Houston, TX and zip code 77396 in the IAH / Airport Area neighborhood. This 3,524 square foot home was built in 1958. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 19, 2024 and is currently priced at $385,000.

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. The number of homes for sale in Houston, TX increased by 19% between September 2024 and October 2024. In October 2024, listings were on the market for 39 days. During the same period, the median list price in this real estate market was $319,958.

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

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