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General Description

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Income producing property located in the heart of Montrose. Four units, all one bedroom, one bath, and approximately 700sf each with central air/heat. 1414 Fairview is located in a walkable community with easy access to public transportation, shopping, and restaurants. Montrose is a premier community in central Houston near Downtown, The Medical Center, and the Galleria. The 7000 sf lot + provides ample parking for tenants or could be used as a great lot for development.

MLS#:

63651562 (HAR)

Sold Price Range:

$552,001 - $627,000

Listing Status:

Sold

Address:

1414 Fairview Ave #4

Unit No.:

City:

Houston

State:

Zip Code:

77006

County:

Harris County

Subdivision:

Hyde Park (View subdivision price trend)

Legal Description:

TRS 3 & 4 BLK 19 HYDE PARK

Property Type:

Multi-Family - Fourplex

Stories:

Year Built:

1930 / Appraisal District

Building Sqft.:

2,484 /Appraisal District

Lot Size:

6,175 Sqft. /Appraisal District

Key Map©:

493N

Market Area:

Montrose

Interior Features

Cooling:

Central Electric

Heating:

Central Electric

Compactor:

Dishwasher:

Disposal:

Yes

Exterior Features

Roof:

Composition

Front Door Face:

South

Additional Information

List Type:

Exclusive Right to Sell/Lease

Buyer Agent Compensation*:

Sub Agent Compensation*:

*Disclaimer: Listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Financial Information

Financing Considered:

Cash Sale, Conventional

Other Fees:

Maintenance Fee:

Taxes w/o Exemp:

$14, 064/2024

Tax Rate:

2.2019

Selling Agent and Brokerage

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Selling Agent and Broker information is not available.

Property Tax

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Cost/sqft based on Market Value

Tax Year	Cost/sqft	Market Value	Change	Tax Assessment	Change
2023	$281.02	$698,042	14.39%	$698,042	14.39%
2022	$245.67	$610,238	-0.30%	$610,238	-0.30%
2021	$246.40	$612,059	0.67%	$612,059	0.67%
2020	$244.75	$607,962	22.41%	$607,962	22.41%
2019	$199.95	$496,680	8.62%	$496,680	8.62%
2018	$184.09	$457,278		$457,278

2023 Harris County Appraisal District Tax Value

Market Land Value:	$648,375
Market Improvement Value:	$49,667
Total Market Value:	$698,042

harris County Appraisal District

2023 Tax Rates

HOUSTON ISD:	1.0372 %
HARRIS COUNTY:	0.3437 %
HC FLOOD CONTROL DIST:	0.0306 %
PORT OF HOUSTON AUTHORITY:	0.0080 %
HC HOSPITAL DIST:	0.1483 %
HC DEPARTMENT OF EDUCATION:	0.0049 %
HOUSTON COMMUNITY COLLEGE:	0.0956 %
HOUSTON CITY OF:	0.5336 %
Total Tax Rate:	2.2019 %

Estimated Mortgage/Tax

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$3,706 Monthly

Estimated Monthly Principal & Interest (Based on the calculation below)	$ 2,425
Estimated Monthly Property Tax (Based on Tax Assessment 2023)	$ 1,2811,281
Home Owners Insurance	Get a Quote

List Price

Loan Term

Months

Years

Down Payment

Annual Interest Rate

Estimated Monthly Principal & Interest

Calculate View Amortization Table

Use this mortgage calculator to create and estimate your monthly mortgage payment(principal and interest) and estimates for property taxes(based on past rates).

Subdivision Facts

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2023 Subdivision Facts

Subdivision Name:

Hyde Park

County / Zip Code:

77006

Single Family Properties:

236

Average Bedrooms:

2.91

Average Baths:

3.13

Median Square Ft.:

2,120

Median Lot Square Ft.:

2,797

Median Year Built:

1979

Median Appraised Value:

$560,831

Neighborhood Value Range:

$354 - $987 K

Median Price / Square ft.:

$236.57

View Price Trends for Hyde Park

Schools

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School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.