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1511 Truxillo St
Houston, TX 77004
Multifamily Property For Sale
·
4 Units
Investment Highlights
- Premium Location: Located close to Houston Community College, Texas Southern University, and the University of Houston.
- Similar properties in the neighborhood have been redeveloped into larger buildings to achieve the highest and best use of the land.
- Recession Resistant: With a multifamily asset, many homeowners who move from homeowners to renters will keep the rental demand strong.
- It is in a prime area for student housing making renters demand inelastic.
- Short Lease Terms: With student renters, lease terms will be short allowing for frequent rent increases to keep pace with the market.
Property Facts
| No. Units | 4 | Lot Size | 0.14 AC |
| Property Type | Multifamily | Building Size | 3,450 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1930/2022 |
| Building Class | C |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 3,450 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1930/2022 |
Property Taxes
| Parcel Number | 0130760120016 | Improvements Assessment | $111,125 |
| Land Assessment | $309,375 | Total Assessment | $420,500 |
Property Taxes
Parcel Number
0130760120016
Land Assessment
$309,375
Improvements Assessment
$111,125
Total Assessment
$420,500
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