1 month on rocket

7021 Canal St, Houston, TX, 77011

$375,000

Home List Price

$4,453*

Closing Credit

3 Bedrooms
2 Full Baths
1,623 SqFt
$231/SqFt
House

Location

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7021 Canal St, Houston$375,000

Buyer Closing Credits

$4,453*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1936
HeatingCentral, Electric, Other
CoolingCentral Air, Electric, Window Unit(s)
MLS #31286739
StatusActive

About 7021 Canal St

Presenting a prime investment opportunity with a fully occupied triplex located at 7021, 7023, and 7025 Canal, featuring three units on month-to-month leases. The property includes a duplex with two 2-bedroom, 1-bath units, each rented at $850/month, and a spacious 3-bedroom, 2-bath single-family home rented at $1,200/month. With a total monthly income of $2,900, this property offers a solid return on investment and flexibility for future leasing options or personal use. Don’t miss the chance to add this fully leased asset to your portfolio!

Property Details

Property Features

Property Information:

  • Year Built: 1936
  • Stories: 2
  • Living Area: 1,623 SqFt

Listing Office:

  • Office Name: Keller Williams Houston Central
  • Office Phone: (713) 340-0371
  • Listing Agent: Roland Rasos

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • Austin High School, Public Magnet Grades 9-12
  • Edison Middle School, Public District Grades 6-8
  • Franklin Elementary School, Public District Grades EE-5

Other

Directions Information:

  • Directions: I-10 to North Wayside, south to Canal Street. Left on Canal Street. Property on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $375,000
  • Price Per SqFt: $231/SqFt

Tax Information:

  • Annual Amount: $2,687
  • 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

7021 Canal St vs Houston

35 DAYS ON ROCKET

-4 Days

$375,000

+$55K More

$231/SqFt

+$65 More

KEY TAKEAWAY

This property is $55K more than the Median Sold Price and $65/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: #31286739

Listing Office:

  • Office Name: Keller Williams Houston Central
  • Office Phone: (713) 340-0371
  • Listing Agent: Roland Rasos

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: 11/5/2024, 10:20:48 PM 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$2,687$146,814
2020$2,581$111,975
2018$1,475$55,029

History based on county public records data.

Payment Calculator

$1,939

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,191

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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.

Elementary School

school-card-donut-138336
7
/10

  • Franklin Elementary School

  • 7101 Canal St

  • 0.14 miles

  • Public District Grades EE-5

Middle School

school-card-donut-138337
6
/10

  • Edison Middle School

  • 6901 Avenue I

  • 0.15 miles

  • Public District Grades 6-8

High School

school-card-donut-138338
2
/10

  • Austin High School

  • 1700 Dumble St

  • 2.00 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,947. 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 7021 Canal St

What is the listing price of this property?

The listing price of 7021 Canal St property is $375,000.

What type of property is this?

The property 7021 Canal St is a house located in Houston, Texas, 77011.

Is this property for sale now?

Active Listing: 7021 Canal St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 7021 Canal St are:
Franklin Elementary School: GreatSchools Rating 7/10
Edison Middle School: GreatSchools Rating 6/10
Austin High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,687 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 7021 Canal St has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 7021 Canal St is 1,623 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7021 Canal St is 1936.

Rocket Homes›Texas›Harris County›Houston›77011›7021 Canal St

This home is located at 7021 Canal St in Houston, TX and zip code 77011 in the Magnolia Park neighborhood. This 1,623 square foot home was built in 1936. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 02, 2024 and is currently priced at $375,000.

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%. Listings spent 39 days on the market in October 2024, and had a median list price of $319,958 during the same period.

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

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