5506 Beverlyhill Street #8

Houston, TX 77056
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Sold
Sold
$1,425,001 - $1,638,000
Sold on June 02, 2023
Listed for $1,550,000
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8,960 Sqft.
15,118 Lot Sqft
Multi-Family - 5 Plus

Home value comparables

Using a REALTOR is the best way to determine the market price of a home. Start this process by viewing the third-party valuations and then contact a Realtor to determine a reasonable purchase price for a home.

Current Valuations

Home Value Comparables
AVM Value
$1.48M
Value Range
$ 1,484,199
Confidence Score
NA
Limitations: This represents an estimated sales price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice. The values do not include a physical or visual inspection of the subject property. User shall not use the values in lieu of an appraisal by a licensed appraiser or as a basis for making any financial decision.

Zestimate Home Values are provided by Zillow, Inc. Use is subject to Zillow Terms of Use and are provided as-is, as-available.
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Description

GREAT LAND AT GALLERIA LOCATION!! Option 1 - Run as is and enjoy appreciation. Option 2 - Remodel units, cover the fabulous patios and increase revenue. Option 3 - Develop this land Boutique complex of 8 townhomes. 1 unit is furnished as an AirBnB with two other units empty and ready for transition if desired. Each has front and back door, private balcony and walled private patio. The laundry and green space are shared by all tenants. Two units have been fitted with washer and dryer connections in the downstairs closet. Each has one covered parking space and one tandem space that is uncovered. Approximately 1100 sq ft each with two large bedrooms and a full bath upstairs. Downstairs is the living space, kitchen and half bath. 2022 expenses include a full privacy fence at the back of the complex, a hard-wired camera system for added security, and parking structure renovations. Feel free to walk the property but please do not disturb the residents.

MLS#
86554296
Sold Price Range
$1,425,001 - $1,638,000
Listing Status
Sold
Address
5506 Beverlyhill Street #8
Unit No.
8
City
State
TX
Zip Code
County
Legal Description
LTS 2 & 3 & TR 1A BLK 1 LARCHMONT Sec 1
Property Type
Multi-Family - 5 Plus
Stories
2
Year Built
1960 / Appraisal District
Building Size
8,960 Sqft/Appraisal District
Lot Size
15,118 Sqft./Appraisal District
Key Map©
491X
Market Area

Exterior

Roof
Composition
Parking Unit
Two

Interior

Cooling
Central Electric
Heating
Central Gas

Lot information

Lot Size
15,118 Sqft. /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Financial

Financing Considered
Owner Financing
Other Fees
No
Maintenance Fee
No
Taxes w/o Exemp
$27,143/2022
Tax Rate
2.2019

Additional information

List Type
Exclusive Right to Sell/Lease
Unit Feature
Balcony,Patio
Buyer Agent Compensation*
3%
Sub Agent Compensation*
0%

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

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Estimated electricity cost

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Property tax

Cost/Sqft based on tax value

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Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

DOWN PAYMENT
Loan Term
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Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Subdivision Facts

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Schools

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

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Noise factors

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Source

Houston Association of REALTORS
Source last updated Jul 24, 2024 at 11:47 PM
Listing last updated Jun 03, 2023 at 10:46 AM

5506 Beverlyhill Street #8, Houston, TX 77056. View photos, map, tax, nearby homes for sale, home values, school info...

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