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$2,600,000

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CONTACT

Welcome to the Contempo Apartment building, a fully leased apartment building located near the University area, The Texas Medical Center, and Downtown Houston. The terrace apartments features 16 two bedroom, 1 bathroom units, complete with updated kitchen and bathrooms featuring stainless appliances, wood flooring, and a washer and dryer in each unit. The sale of the property includes the stand alone four-plex next door at 2508 Southmore, feature 4 newly renovated large one bedroom apartments. This listing includes all 20 units from both properties and the total land square footage is 28K. The property is completely gated and 100% occupied. Please contact listing agent for more information.

Days on Market: 392 Day(s)

General Description

MLS#:

84962981 (HAR)

Listing Price:

$ 2,600,000 ($216.67/sqft.)
$Convert

Listing Status:

For Sale

Address:

2508 Southmore Blvd #16

Unit No.:

16

City:

Houston

State:

TX

Zip Code:

77004

County:

Harris County

Subdivision:

Riverside Terrace Sec 3 (View subdivision price trend)

Legal Description:

LT 9 & TR 10A BLK 25 RIVERSIDE TERRACE SEC 3

Property Type:

Multi-Family - Multiple Detached Dw

Stories:

2

Year Built:

1965 / Appraisal District

Building Sqft.:

12,0001,115(m²) /Appraisal District

Lot Size:

13,077 Sqft.1,215(m²) /Appraisal District

Key Map©:

533B

Market Area:

Riverside

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Interior Features

Countertop:

Granite

Floors:

Laminate, Tile, Wood

Cooling:

Central Electric

Heating:

Central Electric

Microwave:

Yes

Dishwasher:

Yes

Exterior Features

Roof:

Composition

Exterior Type:

Brick

Parking:

Automatic Driveway Gate, Driveway Gate

Front Door Face:

North

Lot Information

  Lot Size: 13,077 Lot Sqft./Appraisal District

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

Assigned School Information

District:	Houston ISD
Elementary School:	Lockhart Elementary School Good |
Middle School:	Cullen Middle School Average |
High School:	Yates High School |

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.

Listing Broker: Keller Williams Realty Metropolitan
Email Listing Broker

Last updated as of: 07/25/2024

Property Tax

Market Value Per Appraisal District

Cost/Sqft based on Market Value

Tax Year	Cost/sqft	Market Value	Change	Tax Assessment	Change
2023	$213.26	$1,279,546	7.50%	$1,279,546	7.50%
2022	$198.38	$1,190,308	11.19%	$1,190,308	11.19%
2021	$178.42	$1,070,515	10.34%	$1,070,515	10.34%
2020	$161.70	$970,207	7.19%	$970,207	7.19%
2019	$150.85	$905,126	10.18%	$905,126	10.18%
2018	$136.92	$821,520		$821,520

2023 Harris County Appraisal District Tax Value
Market Land Value:	$326,925
Market Improvement Value:	$952,621
Total Market Value:	$1,279,546

2023 Tax Rates
HOUSTON ISD:	0.8683 %
HARRIS COUNTY:	0.3501 %
HC FLOOD CONTROL DIST:	0.0311 %
PORT OF HOUSTON AUTHORITY:	0.0057 %
HC HOSPITAL DIST:	0.1434 %
HC DEPARTMENT OF EDUCATION:	0.0048 %
HOUSTON COMMUNITY COLLEGE:	0.0922 %
HOUSTON CITY OF:	0.5192 %
GREATER SE MGMT DIST:	0.1150 %
Total Tax Rate:	2.1298 %

 

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$ 12,201Monthly

Principal & Interest

$ 9,930

Property Tax

$ 2,271

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