5 months on rocket

508 W Clay St, Houston, TX, 77019

$1,350,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
2,772 SqFt
$487/SqFt
Multi

Location

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508 W Clay St, Houston$1,350,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingElectric Gate
Year Built2006
HeatingCentral, Electric
CoolingCentral Air, Electric
MLS #95921416
StatusActive

About 508 W Clay St

A Stunning property with two separate buildings, totaling 5 income producing units. The Fourplex is much newer then majority of similar properties in the area since it is only 18 years old, beating most by over 60 years. Features every modern amenity a tenant could want with central a/c & heat, windows that are double pained for extra insulation, a washer & dryer in every single unit, jacuzzi style tubs, granite counter tops, dishwasher & French doors that open completely from a private patio or balcony directly in to the living room & bar. Behind the Fourplex is a completely separate, stand alone, spacious single family home featuring two large bedrooms & two full bathrooms, with a large private balcony, with lots amenities. Private parking under back building inside of a remote controlled gate. Perfect for attracting professional long term tenants making this a solid long term investment. A rare gem in a newer, more modern, & well maintained property, needing very little maintenance.

Property Details

Property Features

Property Information:

  • Year Built: 2006
  • Stories: 2
  • Living Area: 2,772 SqFt

Listing Office:

  • Office Name: Texas Ally Real Estate Group, LLC
  • Office Phone: (512) 763-2559
  • Listing Agent: Gabriel Torre

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Parking: Electric Gate

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: From the corner of W. Gray and Taft head north 3 blocks and make a left. Property is half way down on right side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,350,000
  • Price Per SqFt: $487/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

508 W Clay St vs Houston

166 DAYS ON ROCKET

+127 Days

$1,350,000

+$1.0M More

$487/SqFt

+$321 More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $321/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: #95921416

Listing Office:

  • Office Name: Texas Ally Real Estate Group, LLC
  • Office Phone: (512) 763-2559
  • Listing Agent: Gabriel Torre

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, 1:20:55 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.

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$6,805

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,114

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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-320210
8
/10
  • Arabic Immersion Magnet School

  • 4001 Stanford St

  • 1.28 miles

  • Public Magnet Grades PK-5

school-card-donut-320211
4
/10
  • Crockett Elementary School

  • 2112 Crockett St

  • 1.34 miles

  • Public Magnet Grades EE-5

school-card-donut-320212
7
/10
  • MacGregor Elementary School

  • 4801 La Branch St

  • 1.95 miles

  • Public Magnet Grades EE-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $64,086. Residents of Houston, TX typically earn between $35k-100k each year. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesTexasHarris CountyHouston77019508 W Clay St

This home is located at 508 W Clay St in Houston, TX and zip code 77019 in the Central Houston neighborhood. This 2,772 square foot home was built in 2006. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 01, 2024 and is currently priced at $1,350,000.

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. Between September 2024 and October 2024, Houston, TX real estate market has seen increase in the number of listings by 19%. While the average time on the market in October 2024 was 39 days, the median list price was $319,958.

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

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