2 months on rocket

4615 Sherman, Houston, TX, 77011

$1,625,000

0.62 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
MLS #45312626
Lot Size0.62 Acres
StatusActive

About 4615 Sherman

This is an rare opportunity to acquire a large parcel of land in the rapidly changing East End. Hard corner lot. This sale consists of 1 parcel of 27,000 and 1 other contiguous parcel of 6,500 sq. ft. with a rented residence. Idealy like to sell together but would sell 27,000 sq ft by itself. The main building on Sherman is rented out with leases expiring in about 1 year. Lockwood property currently vacant as of Sept 15. Was used as 2 bd, 1 1/2 bath residential workshop. You can keep the buildings rented while you plan for redevelopment. This is currently priced below what other deals are getting done in the East End (EADO). Only 2.5 miles from the 169acre East River Project development by Midway. City infrastructure being updated on the street. New housing being built all around. One block to the Hike and Bike trail. Purchase both parcels on Sherman and Lockwood for additional Pricing Enhancements. The RED OUTLINE in the picture shows both properties together.

Property Details

Property Features

Listing Office:

  • Office Name: NB Elite Realty
  • Office Phone: (844) 444-6237
  • Listing Agent: Charles Irwin

Lot Features

Lot Information:

  • Lot: Corner Lot, Level, Open Lot, Other, Split Possible
  • Lot Size: 0.62 Acres

Other

Directions Information:

  • Directions: Corner of Lockwood and Sherman St. Via Lockwood from either 610 or 45. The Lockwood property is the light blue building next to the main lot. It has white garage door.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,625,000
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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

4615 Sherman vs Houston

66 DAYS ON ROCKET

+27 Days

$1,625,000

+$1.3M More

KEY TAKEAWAY

This property is $1.3M more than the Median Sold Price in Houston, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HAR
  • MLS Number: #45312626

Listing Office:

  • Office Name: NB Elite Realty
  • Office Phone: (844) 444-6237
  • Listing Agent: Charles Irwin

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, 9:20:50 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

$8,178

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,938

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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-414562
4
/10
  • Ripley House Charter School

  • 4410 Navigation Blvd

  • 0.38 miles

  • Public Charter Grades PK-5

school-card-donut-414563
6
/10
  • Burnet Elementary School

  • 5403 Canal St

  • 0.59 miles

  • Public District Grades EE-5

school-card-donut-414564
8
/10
  • Lantrip Elementary School

  • 100 Telephone Rd

  • 0.60 miles

  • Public Magnet Grades EE-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,062. Residents of Houston, TX typically earn less than $35k each year. The majority of 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

Frequently Asked Questions About 4615 Sherman

What is the listing price of this property?

The listing price of 4615 Sherman property is $1,625,000.

What type of property is this?

The property 4615 Sherman is land located in Houston, Texas, 77011.

Is this property for sale now?

Active Listing: 4615 Sherman is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 4615 Sherman is 0.62 acres.
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Rocket HomesTexasHarris CountyHouston770114615 Sherman

This home is located at 4615 Sherman in Houston, TX and zip code 77011 in the South Central Houston neighborhood. This home sits on a 0.62 acre lot. It has been listed on Rocket Homes since September 09, 2024 and is currently priced at $1,625,000.

While more than 298 listings in Houston, TX in October 2024 were sold above asking price, there were more than 429 listings sold at asking price, and more than 1241 were sold below. In October 2024 in Houston, TX there were 19% more homes for sale than in September 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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