string(15) "cypress.har.com" 1807 Palm St, Houston, TX 77004 - HAR.com LoopMe

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3 Bed(s)
3 Full & 1 Half Bath(s)
2,583 Bldg Sqft.
2,056 Lot Sqft.
Townhouse/Condo - Townhouse
131 Day(s) on HAR.com
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General Description

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Fantastic Investment Opportunity in the museum district! Currently leased until 6/30/2024, it offers a worry-free income stream. NO HOA, NO RESTRICTIONS and NEVER FLOODED per seller! The home features a unique split-level floor plan boasting 3 bedrooms and 3.5 baths. This home has ample parking with a total of 4 spaces available - 2 within the garage and 2 upfront. Situated just 2 miles away from the renowned Texas Medical Center and a mere 2.8 miles from downtown, its location is unparalleled. Enjoy the convenience of walking to some of Houston's most delectable dining spots on Almeda, including the famous Turkey Leg Hut. Not to mention, you're just a 10-minute stroll from the picturesque Hermann Park. Investors, time is of the essence! Given the unbeatable location and a secure lease already in effect, don't hesitate – act now and capitalize on this opportunity. Your future portfolio will certainly appreciate it.

MLS#:
70436347 (HAR)
Sold Price Range:
$370,001 - $420,000
Listing Status:
Sold
Address:
1807 Palm St
City:
Houston
State:
TX
Zip Code:
County:
Subdivision:
Palm Ave T H
Legal Description:
LT 3 BLK 1 PALM AVENUE T/H
Property Type:
Townhouse/Condo - Townhouse
Bedrooms:
3 Bedroom(s)
Baths:
3 Full & 1 Half Bath(s)
Stories:
3
Style:
Split Level,Traditional
Year Built:
2002 / Appraisal District
Building Sqft.:
2,583 /Appraisal District
Lot Size:
2,056 Sqft. /Appraisal District
Key Map©:
533B
Market Area:


Rooms/Lot Dimensions

Dining:
16x8, 1st
Kitchen:
13x8, 2nd
Primary Bedroom:
15x13, 3rd
Bedroom:
10x11, 3rd
Bedroom:
11x13, 1st



Interior Features

Fireplace:
1
Countertop:
Granite
Bedroom Description:
1 Bedroom Up, 1 Bedroom Down - Not Primary BR, Primary Bed - 3rd Floor, Split Plan
Room Description:
Kitchen/Dining Combo, Living Area - 2nd Floor
Cooling:
Central Electric
Heating:
Central Gas
Disposal:
Yes
Ice Maker:
No
Microwave:
Yes
Range:
Gas Cooktop
Compactor:
No
Dishwasher:
Yes
Appliances:
Dryer Included, Refrigerator, Washer Included


Exterior Features

Roof:
Composition
Foundation:
Slab
Private Pool:
No
Exterior Type:
Brick, Cement Board, Stucco
Parking:
Additional Parking
Water Sewer:
Public Sewer, Public Water
Area Pool:
No


Additional Information

List Type:
Exclusive Right to Sell/Lease
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.


Financial Information

Financing Considered:
Cash Sale, Conventional, Investor
Other Fees:
No
Maintenance Fee:
No
Taxes w/o Exemp:
$8, 779/2022
Tax Rate:
2.3169


Selling Agent and Brokerage

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Property Tax

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Cost/sqft based on Market Value
Tax Year Cost/sqft Market Value Change Tax Assessment Change
2023 $162.00 $418,437 10.43% $418,437 10.43%
2022 $146.70 $378,918 3.01% $378,918 3.01%
2021 $142.42 $367,858 -1.40% $367,858 -1.40%
2020 $144.44 $373,099 0.00% $373,099 0.00%
2019 $144.44 $373,099 -1.04% $373,099 -1.04%
2018 $145.96 $377,018 0.00% $377,018 0.00%
2017 $145.96 $377,018 0.00% $377,018 0.00%
2016 $145.96 $377,018 1.09% $377,018 1.09%
2015 $144.39 $372,953 20.85% $372,953 20.85%
2014 $119.48 $308,604 13.16% $308,604 13.16%
2013 $105.58 $272,711 0.00% $272,711 0.00%
2012 $105.58 $272,711 $272,711
2023 Harris County Appraisal District Tax Value
Market Land Value: $138,848
Market Improvement Value: $279,589
Total Market Value: $418,437
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 %
GREATER SE MGMT DIST: 0.1150 %
Total Tax Rate: 2.3169 %

Estimated Mortgage/Tax

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$2,527 Monthly
Estimated Monthly Principal & Interest (Based on the calculation below) $ 1,719
Estimated Monthly Property Tax (Based on Tax Assessment 2023) $ 808
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Subdivision Facts

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Facts (Based on Active listings)

Market Area Name:
Rice/Museum District
Home For Sales:
171
Average List Price:
$1,156,660
Average Bedrooms:
2.48
Average Baths:
2.26
Average Square Ft.:
2,749
Average Price/Square Ft.:
$375.71
Home For Lease:
164
Average Lease :
$3,100
Average Lease/Square Ft.:
$1.81

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
Macgregor Elementary School Elementary . PK - 05 . HOUSTON ISD
Good |
Cullen Middle School Middle . 06 - 08 . HOUSTON ISD
Average |
Lamar High School High . 09 - 12 . HOUSTON ISD
Good |

View Nearby Schools

1807 Palm St Houston TX 77004 was recently sold. It is a 2,583 SQFT, 3 Beds, 3 Full Bath(s) & 1 Half Bath(s) in Palm Ave T H.

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