12 days on rocket

7301 Ave L, Houston, TX, 77011

$450,000

Home List Price

$5,344*

Closing Credit

0 Baths
2,800 SqFt
$161/SqFt
Multi

Location

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7301 Ave L, Houston$450,000

Buyer Closing Credits

$5,344*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1938
HeatingSpace Heater(s)
CoolingWindow Unit(s)
MLS #93661432
StatusActive

About 7301 Ave L

Excellent performing investment property located in the Greater East End! 4 houses, good size lot, each home ( 700 SQ.FT per HCAD ) is a 2 bedroom 1 bath unit, each home is individually metered for gas, electricity and water! Tenants pay ALL utilities! HCAD Taxes $5,375 ( 2024 ), Insurance $4,808 / year. Current monthly gross $4350 per seller. 100% occupied, cash flow opportunity! < Current Cap 9%+ > Recent improvements have been made by the current owner! Tenants are on leases with some coming up for renewal within the year. Call for more information or to set up a site visit. Please do not walk the property without an appointment.

Property Details

Property Features

Property Information:

  • Architectural Style: Fourplex
  • Year Built: 1938
  • Living Area: 2,800 SqFt

Listing Office:

  • Office Name: Carlos Garcia Realty, Inc.
  • Office Phone: (713) 928-5211
  • Listing Agent: Eric Garcia

Utilities

Utilities Information:

  • Heating: Space Heater(s)
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: 45 SOUTH TO WAYSIDE (LEFT), TO AVENUE R (RIGHT).

Price Information

Listing Price Info

Price Summary:

  • List Price: $450,000
  • Price Per SqFt: $161/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

40

# of Sold Homes

1678

7301 Ave L vs Houston

12 DAYS ON ROCKET

-28 Days

$450,000

+$130K More

$161/SqFt

-$6 Less

KEY TAKEAWAY

This property is $130K more than the Median Sold Price and $6/SqFt less than other homes in Houston, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HAR
  • MLS Number: #93661432

Listing Office:

  • Office Name: Carlos Garcia Realty, Inc.
  • Office Phone: (713) 928-5211
  • Listing Agent: Eric Garcia

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: 12/18/2024, 11:20:53 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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$2,313

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,416

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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-4520383
6
/10
  • Osborne Elementary School

  • 800 Ringold St

  • 0.19 miles

  • Public District Grades EE-5

school-card-donut-4520384
5
/10
  • Carroll Elementary School

  • 423 W Gulf Bank Rd

  • 0.99 miles

  • Public District Grades 1-5

school-card-donut-4520385
5
/10
  • Anderson Academy

  • 7401 Wheatley St

  • 1.08 miles

  • Public Magnet Grades 1-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $21,384. Most Houston, TX residents have annual incomes less than $35k. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket Homes›Texas›Harris County›Houston›77011›7301 Ave L

This home is located at 7301 Ave L in Houston, TX and zip code 77011 in the North Houston neighborhood. This 2,800 square foot home was built in 1938. It has been listed on Rocket Homes since December 05, 2024 and is currently priced at $450,000.

Houston, TX housing market in November 2024 saw over 263 listings sold above listed price, more than 354 sold at listed price and over 1060 sold below. The number of listings in Houston, TX increased by 8.5% between October 2024 and November 2024. While the average time on the market in November 2024 was 40 days, the median list price was $319,921.

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

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