Outstanding Investment Opportunity! This property offers a front duplex that is ideal for investors: Unit 1 downstairs boasts 2 bedrooms, 2 baths, and an indoor laundry room, while the upstairs Unit 2 features 2 bedrooms and 1 bath. In the rear, you'll find Unit 3, a separate single-family home with 3 bedrooms, 1 bath, and an indoor laundry room. With a spacious double driveway, this property presents an exceptional chance to maximize rental income and diversify your portfolio!
Property Details
Property Features
Property Information:
Year Built: 1940
Stories: 2
Living Area: 2,160 SqFt
Listing Office:
Office Name: The Eblen Real Estate Team LLC
Office Phone: (888) 228-4535
Listing Agent: Jessica Eblen
Interior Features
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 3
Lot Features
Lot Information:
Lot: Cleared
Utilities
Utilities Information:
Heating: Space Heater(s)
Cooling: Window Unit(s)
School Info
Assigned Schools Information:
Chavez High School, Public Magnet Grades 9-12
Ortiz Middle School, Public District Grades 6-8
Park Place Elementary School, Public District Grades EE-5
Other
Directions Information:
Directions: from downtown headed I-45 South exit Park Place/Broadway. Right on Park Place then left on Colgate. 4019 Colgate will be on your left.
Price Information
Listing Price Info
Price Summary:
List Price: $490,000
Price Per SqFt: $227/SqFt
Tax Information:
Annual Amount: $4,619
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Houston, TX.
This property is $170K more than the Median Sold Price and $61/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: #82028404
Listing Office:
Office Name: The Eblen Real Estate Team LLC
Office Phone: (888) 228-4535
Listing Agent: Jessica Eblen
Disclaimer: 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”.
Last updated on: 11/5/2024, 10:20:49 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
YEAR
PROP. TAX
ASSESSMENT
2021
$4,619
$291,765
2020
$4,554
$192,526
2018
$4,759
$188,079
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,513
Per Month
Principal & Interest
$2,446
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,536
Powered By
Advertisement
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.
Elementary School
6
/10
Park Place Elementary School
8235 Park Place Blvd
Distance between this listing and this school0.60 miles
Public District Grades EE-5
Middle School
5
/10
Ortiz Middle School
6767 Telephone Rd
Distance between this listing and this school1.39 miles
Public District Grades 6-8
High School
3
/10
Chavez High School
8501 Howard Dr
Distance between this listing and this school1.61 miles
Public Magnet Grades 9-12
Assigned Schools
6
/10
Park Place Elementary School
8235 Park Place Blvd
Distance between this listing and this school0.60 miles
Public District Grades EE-5
Nearby Schools
8
/10
Cornelius Elementary School
7475 Westover St
Distance between this listing and this school0.88 miles
Public Magnet Grades EE-5
4
/10
Golfcrest Elementary School
7414 Fairway Dr
Distance between this listing and this school0.96 miles
Public District Grades EE-5
Assigned Schools
5
/10
Ortiz Middle School
6767 Telephone Rd
Distance between this listing and this school1.39 miles
Public District Grades 6-8
Nearby Schools
4
/10
Raul Yzaguirre School For Success
2950 Broadway St
Distance between this listing and this school1.06 miles
Public Charter Grades 6-8
9
/10
Houston Gateway Academy
3400 Evergreen Dr
Distance between this listing and this school1.10 miles
Public Charter Grades PK-8
Assigned Schools
3
/10
Chavez High School
8501 Howard Dr
Distance between this listing and this school1.61 miles
Public Magnet Grades 9-12
Nearby Schools
5
/10
Raul Yzaguirre School For Success
2950 Broadway St
Distance between this listing and this school1.06 miles
Public Charter Grades 9-12
3
/10
Milby High School
1601 Broadway St
Distance between this listing and this school1.95 miles
The neighbors living near this home have an average income of $58,088. Most Houston, TX residents have annual incomes between $35k-100k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
This home is located at 4019 Colgate St in Houston, TX and zip code 77087 in the Golfcrest / Bellfort / Reveille neighborhood. This 2,160 square foot home was built in 1940. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 26, 2024 and is currently priced at $490,000.
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.