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General Description

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Spectacular Investment Opportunity, CASH FLOW PROPERTY, fully occupied 4 plex located in beautiful gated Inwood Village, excellent location. Many renovations and upgrades have been made including replacing 2 HVAC systems. 4 Plex has 1 unit - 3 bedroom 2 bath, 1 unit - 2 bedroom 2 bath, and 2 units – 1 bedroom 1 bath. HOA takes care of all common areas and exterior of building repairs and maintenance. Only the 2 bedroom is available for showing, DO NOT DISTURB OTHER TENANTS. NEVER FLOODED. 2019 Numbers: Rent plus water fee: $1040, $845, $685, & $663. Total Annual Revenue $38,796. HOA fee $745 per month, Water, Sewer & Trash Fee averages $190 per month, Taxes $4,149, Insurance $990. Net Income $22,437, CAP RATE 12.5%.

MLS#:

40261886 (HAR)

Sold Price Range:

$185,001 - $215,000

Listing Status:

Sold

Address:

7200 T C Jester Boulevard

City:

Houston

State:

Zip Code:

77088

County:

Harris County

Subdivision:

Inwood Village

Legal Description:

LT 34 BLK 2 INWOOD VILLAGE

Property Type:

Multi-Family - Fourplex

Bedrooms:

3 Bedroom(s)

Baths:

2 Full Bath(s)

Stories:

Year Built:

1983 / Appraisal District

Building Sqft.:

3,751 /Appraisal District

Lot Size:

5,025 Sqft. /Appraisal District

Maintenance Fee:

$ 745 / Monthly

Key Map©:

411Z

Market Area:

Northwest Houston

Interior Features

Floors:

Tile

Cooling:

Central Electric

Heating:

Central Electric

Compactor:

Dishwasher:

Yes

Disposal:

Yes

Microwave:

Yes

Energy Feature:

Ceiling Fans

Exterior Features

Roof:

Composition

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:

Yes / $745 / Monthly

Maint Fee Includes:

Exterior Building, Grounds, Insurance, Limited Access Gates, On Site Guard

Selling Agent and Brokerage

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Selling Agent

Tanesha Richardson

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Selling Broker

Womack Development & Investment Realtors

4412 Almeda Rd
Houston, TX 77066

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Estimated Mortgage/Tax

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$684 Monthly

Estimated Monthly Principal & Interest (Based on the calculation below)	$ 684
Home Owners Insurance	Get a Quote

List Price

Loan Term

Months

Years

Down Payment

Annual Interest Rate

Estimated Monthly Principal & Interest

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Subdivision Facts

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Facts (Based on Active listings)

Market Area Name:

Northwest Houston

Home For Sales:

1,321

Average List Price:

$336,239

Average Bedrooms:

3.02

Average Baths:

2.00

Average Square Ft.:

1,748

Average Price/Square Ft.:

$197.14

Home For Lease:

335

Average Lease :

$2,076

Average Lease/Square Ft.:

$1.37

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.

ASSIGNED SCHOOLS

Harris Elementary School Elementary . 01 - 05 . ALDINE ISD

Good |

Hoffman Middle School Middle . 06 - 08 . ALDINE ISD

Average |

Eisenhower High School High . 09 - 12 . ALDINE ISD
|

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Property Map

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7200 T C Jester Boulevard, Houston, TX 77088 Directions

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7200 T C Jester Boulevard Houston TX 77088 was recently sold. It is a 3,751 SQFT, 3 Beds, 2 Full Bath(s) in Inwood Village.

View all homes on T C Jester