| Elementary | LOCKHART EL | B |
| Middle | CULLEN MIDDLE | C |
| High | YATES H S CCMR 73% · Grad 81% | B |
A well-located triplex presents a compelling multifamily investment opportunity in one of Houston’s most active inner-loop submarkets. The property currently consists of 3 separate residential units with stable income potential & offers additional upside through the potential to add a fourth studio apartment unit (subject to buyer verification, zoning, & permits) This asset is ideal for investors seeking cash flow today with future value-add expansion, as well as owner-occupants looking to offset ownership costs with rental income, making it an attractive addition to an investment portfolio. Situated at the prime intersection of Midtown & Third Ward, this property is minutes from Downtown, the Texas Medical Center, & major universities. With easy access to US-59, I-45, and I-288, & surrounded by new development, demand is strong from both owners & investors. Zoned for residential or mixed-use use with no HOA fees, it’s an ideal infill opportunity for short-term or long-term rentals.
| Property Type | Residential Income |
| Property Sub Type | Triplex |
| Sub Type Additional | Triplex |
| Year Built | 1930 |
| Year Built Source | PublicRecords |
| New Construction | No |
| Stories | 2 |
| Levels | Two |
| Living Area | 2,674 sq ft |
| Living Area Source | Appraiser |
| Building Area Total | 2,674 sq ft |
| Construction | Brick |
| Roof | Composition |
| Bedrooms | 5 |
| Bathrooms (total) | 3 |
| Bathrooms Full | 3 |
| Interior Features | Balcony, Furnished, Ceiling Fans |
| Flooring | Laminate, Tile |
| Appliances | Dishwasher, Microwave, Refrigerator |
| Parking Features | Garage |
| Lot Size (sq ft) | 5,250 |
| Lot Size Source | Appraiser |
| County | Harris |
| MLS Area Major | 4 |
| MLS Area Minor | University Area |
| Subdivision | Washington Terrace |
| Postal Code | 77004 |
| Heating | Central, Gas, Window Unit |
| Cooling | Central Air, Electric, Window Units |
| Tax Annual Amount | $7,740 <small style="color:#6b7280">· from 2025 county roll</small> |
| Tax Year | 2025 (county roll) |
| Tax Rate (est.) | 1.46% |
| Parcel # | 061-156-018-0008 |
| Legal Description | LT 8 BLK 18 WASHINGTON TERRACE |
| Listing Terms | Cash, Conventional, FHA, Investor Financing |
| Disclosures | Seller Disclosure |
Texas Water Code §49.452 requires districts to publish annual notices with tax rate, bonded indebtedness, and assessed value. Most Harris-area MUDs publish these; a handful managed by Inframark do not.
Request this noticeThe §49.452 notice is the only public document that lists a MUD's exact tax rate, outstanding bond debt, and the assessed value used to compute your taxes — direct from the district, not the MLS. If the district is newer or has more bonds outstanding than its neighbors, your effective tax rate will be higher here than just across the street.
Illustrative only, not a quote. P&I assumes the values entered above. Insurance and HOA dues vary — consult licensed lender and insurance agent for accurate quote.
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HARMLS last updated Sep 24, 2026, 4:59 AM CDT. Properties may subsequently be sold or off-market.
