Last 24 Hours
$329,000
215 Avenue E, South Houston, TX, 77587
$394,950 ARV
On Market
Just Added
— Beds
— Bath
3,150 Sq Ft
Quadruplex
$104.44 / sqft
Built in 1970Property Lead Type:
Absentee OwnerHigh EquityCash Buyers
Highlights
Interior
Bedrooms —
Bathrooms —
Heating Forced Air Unit
CoolingFlooringLaminate
Exterior
Lot Size20,382 sqft
Building Information
Year Built1970
Land Information
APN0341520020016
Lot Number15,16
SubdivisionSouth Houston
Land UseCommercial
Legal DescriptionLTS 15 16 & TR 14A BLK 302 SOUTH HOUSTON
Census Tract321401
Assessed Land Value$244,572
Assessed Improvement Value$82,901
Assessment Year2025
About this property
This fourplex is on a huge 20,000 sq.ft with large playground area in the back, great for evening relaxation like being at your personal park. At present 3 of the 4 units are leased with long term tenants in place. The available unit is top right unit. Has lots of potential for improvements like adding covered rear porches with upstairs balconies to overlook the park like setting in the back. Located at the end of the road with bayou at the rear it is nicely tucked away for a calm and quiet setting.
Investor Tools
$0Estimated Mortgage Balance
$327,473Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$394,950
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,974 /month
Positive
Cash Flow Estimate:
$658 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$498/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,334
$327,473
2025
$244,572
$82,901
$327,473
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,334
$327,473
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$327,473
100%
0%
$0/mo
12.4%