All Photos
General Description
minimizeMultiple Streams of income. 3 units in the back and restaurant in the front. Come see this one of a kind property and your chance to make it your own. The units in the back are unfinished and left for your creativity. Everything on the property conveys with the property. New construction single family homes going up within a .5 mile radius. Great up and coming area inside the loop on the east end of Houston.
MLS#:
22573660 (HAR)
Sold Price Range:
$250,001 - $285,000
Listing Status:
Sold
Address:
5218 Sherman St
City:
Houston
State:
TX
Zip Code:
County:
Subdivision:
Legal Description:
TR 3 BLK 8 LENOX GROVE
Property Type:
Multi-Family - Fourplex
Stories:
2
Year Built:
1955 / Appraisal District
Building Sqft.:
3,872 /Appraisal District
Lot Size:
4,500 Sqft. /Appraisal District
Key Map©:
494U
Market Area:
Interior Features
Cooling:
Central Electric
Heating:
Central Gas
Exterior Features
Roof:
Composition
Additional Information
List Type:
Exclusive Right to Sell/Lease
Buyer Agent Compensation*:
3%
Sub Agent Compensation*:
3%
Financial Information
Other Fees:
No
Maintenance Fee:
No
Taxes w/o Exemp:
$7, 110/2022
Tax Rate:
2.3519
Listing Broker:
Torres Real Estate GroupProperty Tax
minimizeMarket Value Per Appraisal District
Cost/sqft based on Market Value
| Tax Year | Cost/sqft | Market Value | Change | Tax Assessment | Change |
|---|---|---|---|---|---|
| 2023 | $84.62 | $327,662 | 8.38% | $327,662 | 8.38% |
| 2022 | $78.08 | $302,316 | 64.02% | $302,316 | 64.02% |
| 2021 | $47.60 | $184,317 | 11.07% | $184,317 | 11.07% |
| 2020 | $42.86 | $165,949 | -3.40% | $165,949 | -3.40% |
| 2019 | $44.37 | $171,796 | 6.50% | $171,796 | 6.50% |
| 2018 | $41.66 | $161,309 | $161,309 |
2023 Harris County Appraisal District Tax Value
| Market Land Value: | $90,000 |
| Market Improvement Value: | $237,662 |
| Total Market Value: | $327,662 |
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 EAST END MGMT: | 0.1500 % |
| Total Tax Rate: | 2.3519 % |
Estimated Mortgage/Tax
minimize
$1,788 Monthly
| Estimated Monthly Principal & Interest (Based on the calculation below) | $ 1,146 |
| Estimated Monthly Property Tax (Based on Tax Assessment 2023) | $ 642 |
| Home Owners Insurance | Get a Quote |
Subdivision Facts
minimize2023 Subdivision Facts
Subdivision Name:
Lenox Grove
County / Zip Code:
77011
Single Family Properties:
48
Average Bedrooms:
3.40
Average Baths:
1.83
Median Square Ft.:
1,470
Median Lot Square Ft.:
7,250
Median Year Built:
1938
Median Appraised Value:
$227,313
Neighborhood Value Range:
$161 - $368 K
Median Price / Square ft.:
$198.57
View Price Trends for Lenox Grove
Schools
minimizeSchool 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
Good | 
View Nearby Schools ↓
Property Map
minimize5218 Sherman St Houston TX 77011 was recently sold. It is a 3,872 SQFT, in Lenox Grove.
Advertisement
Click to view phone
items