7 months on rocket

2218 Arbor St, Houston, TX, 77004

$579,000

Home List Price

$6,876*

Closing Credit

5 Bedrooms
3 Full Baths
2,988 SqFt
$194/SqFt
Multi

Location

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2218 Arbor St, Houston$579,000

Buyer Closing Credits

$6,876*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingPaved
Year Built1940
HeatingCentral, Electric, Natural Gas
CoolingCentral Air, Electric, Gas, Window Unit(s)
MLS #8351904
StatusActive

About 2218 Arbor St

GREAT MIDTOWN/MEDICAL CENTER/DOWNTOWN/UNIVERSITY/EVERYTHING LOCATION. Located 2 blocks off of Hwy 288 and Southmore Blvd. Access to all major Freeways I-59/69 AND I-45 as well as the METRO RAIL. This is indeed a Goldmine for the one with a Creative Imagination. Can support AIR BNB/Short Term Rental, Loft Development, Student Housing and/or convert to an Elegant Single Family with separate Living Quarters. Value Add!! Currently Tri-Plex with two Tenants in order to accommodate the ease of showing. *ONLY SHOW VACANT UNIT #A DOWNSTAIRS*. Remaining units Leases to Expire 7/31/2024 for to offer flexibility to new Owners. DO NOT DISTURB THE TENANTS.

Property Details

Property Features

Property Information:

  • Year Built: 1940
  • Stories: 2
  • Living Area: 2,988 SqFt

Listing Office:

  • Office Name: Lone Star Realty
  • Office Phone: (832) 877-6946
  • Listing Agent: Mallerick Crawford

Interior Features

Interior Information:

  • Appliances: Disposal, Microwave, Refrigerator
  • Flooring Type: Brick, Wood, Hardwood
  • Interior: Ceiling Fan(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Parking: Paved

Lot Features

Lot Information:

  • Lot: Cleared, Near Public Transit

Utilities

Utilities Information:

  • Heating: Central, Electric, Natural Gas
  • Cooling: Central Air, Electric, Gas, Window Unit(s)

Other

Directions Information:

  • Directions: Traveling South from Downtown Houston on Highway 288 South Freeway, Exit Southmore Blvd. Turn left on Southmore Blvd and go East to Dowling Street. Turn Left on Dowling and go 2 to 3 blocks. Turn Left onto Arbor Street. Property will be located approximately 3/4 of the way down Arbor on Left side of the street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $579,000
  • Price Per SqFt: $194/SqFt

Tax Information:

  • Annual Amount: $9,886
  • Tax Year: 2021
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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

2218 Arbor St vs Houston

213 DAYS ON ROCKET

+174 Days

$579,000

+$259K More

$194/SqFt

+$28 More

KEY TAKEAWAY

This property is $259K more than the Median Sold Price and $28/SqFt more than other homes in Houston, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HAR
  • MLS Number: #8351904

Listing Office:

  • Office Name: Lone Star Realty
  • Office Phone: (832) 877-6946
  • Listing Agent: Mallerick Crawford

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: 11/15/2024, 2:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$9,886$434,000
2020$9,052$412,000
2018$8,994$340,000

History based on county public records data.

Payment Calculator

$2,957

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,802

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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-273306
7
/10

  • MacGregor Elementary School

  • 4801 La Branch St

  • 0.47 miles

  • Public Magnet Grades EE-5

school-card-donut-273307
2
/10

  • Bloom Academy Charter School

  • 3129 Southmore Blvd

  • 0.64 miles

  • Public Charter Grades KG-2

school-card-donut-273308
5
/10

  • Lockhart Elementary School

  • 3200 Rosedale St

  • 0.70 miles

  • Public Magnet Grades EE-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,931. The most common annual income of people living in Houston, TX is between $35k-100k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Texas›Harris County›Houston›77004›2218 Arbor St

This home is located at 2218 Arbor St in Houston, TX and zip code 77004 in the South Central Houston neighborhood. This 2,988 square foot home was built in 1940. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 16, 2024 and is currently priced at $579,000.

In October 2024, from all listings sold in Houston, TX there were more than 298 sold above asking price, over 1241 sold below and more than 429 were sold right at the asked price. The number of listings in Houston, TX increased by 19% between September 2024 and October 2024. 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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