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3901 Delano Street

Houston, TX 77004
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Sold
Sold
$717,001 - $827,000
Sold on May 30, 2023
3,967 Sqft.
5,775 Lot Sqft
Multi-Family - Multiple Detached Dw

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Description

Real estate has proven to be an effective investment tool during times of financial instability and recession. Do not pass up this phenomenal income producing property that includes two buildings (2802/2804 Truxillo and 3901 Delano) close to mid-town, downtown, universities and medical center.The apartments can be configured in different ways to attract more potential renters.The two apartments at 3901 Delano have an interior door that connects both apartments into a larger apartment to accommodate more guests. There is also a third floor at 2802 Truxillo apartment with three extra rooms that can accommodate more guests. 2802 and 2804 can be combined into a large apartment through an interior door. Lots of potential in this multi-functional furnished apartments. Lots of new businesses are moving into the area through a revival of Emancipation Street. Students from TSU and University of Houston are a continuous market. Airbnb bookings in the area have increased 105% from a year ago.

MLS#
56879958
Sold Price Range
$717,001 - $827,000
Listing Status
Sold
Address
3901 Delano Street
City
Houston
State
TX
Zip Code
77004
County
Harris County
Legal Description
LT 1 BLK 26 WASHINGTON TERRACE
Property Type
Multi-Family - Multiple Detached Dw
Stories
3
Year Built
1936 / Appraisal District
Building Size
3,967 Sqft/Appraisal
Lot Size
5,775 Sqft./Appraisal District
Key Map©
493Y
Market Area

Exterior

Roof
Composition
Exterior Type
Brick, Cement Board, Unknown, Wood
Lot Description
Corner
Unit Location
Corner

Financial

Financing Considered
Cash Sale, Conventional
Other Fees
No
Maintenance Fee
No
Taxes w/o Exemp
$6,678/2022
Tax Rate
2.3169

Additional information

List Type
Exclusive Right to Sell/Lease
Unit Feature
Balcony,Carpets,Fenced Area,Fireplace,Furnished,Hardwood Floors,Patio,Window Coverings
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.

Interior

Countertop
granite/butcher bloc
Floors
Carpet, Engineered Wood, Tile, Wood
Cooling
Central Electric
Heating
Central Electric, Central Gas
Compactor
No
Dishwasher
No
Disposal
No
Microwave
Yes
Energy Feature
Attic Vents, Ceiling Fans, Digital Program Thermostat, High-Efficiency HVAC, Insulated/Low-E windows, Insulation - Blown Cellulose, Insulation - Blown Fiberglass, Insulation - Other, North/South Exposure

Lot Information

Lot Size
5,775 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
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Source

Houston Association of REALTORS
Source last updated Jul 30, 2024 at 09:27 PM
Listing last updated May 30, 2023 at 04:26 PM

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
$-----
$-----
Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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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

Nearby schools view nearby schools

Subdivision Facts

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Copyright© 2024 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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