| Elementary | PARK PLACE EL | B |
| Middle | ORTIZ MIDDLE | B |
| High | CHAVEZ H S CCMR 84% · Grad 86% | B |
This fourplex presents a strong investment opportunity with a large lot offering additional development potential for a duplex or triplex. Ideally located near the I-45 South feeder road and Park Place Blvd., the property provides convenient access to major Houston destinations, approximately 20 minutes from Downtown Houston and just 10 minutes from the University of Houston, making it highly appealing to prospective tenants. The property has undergone extensive exterior and major systems upgrades, including a new roof, siding, windows, electrical, and plumbing. Each unit features a separate electrical meter, providing added convenience for tenants and streamlined property management. The layout includes two first-floor units, each offering 2 bedrooms, 1 bathroom, the two upstairs units each feature 2 bedrooms, 2 bathrooms, all with a private laundry room area. A Welby Bank branch is being built accross the street for increased disirability and neighborhood improvement.
| Property Type | Residential Income |
| Property Sub Type | Quadruplex |
| Sub Type Additional | Quadruplex |
| Architectural Style | Fourplex |
| Year Built | 1936 |
| Year Built Source | PublicRecords |
| New Construction | No |
| Stories | 2 |
| Levels | Two |
| Living Area | 3,576 sq ft |
| Living Area Source | Appraiser |
| Building Area Total | 3,576 sq ft |
| Construction | Cement Siding, Wood Siding |
| Roof | Composition |
| Bedrooms | 8 |
| Bathrooms (total) | 6 |
| Bathrooms Full | 6 |
| Interior Features | Balcony |
| Laundry | Washer Hookup, Dryer Hookup |
| Exterior Features | Private Entrance |
| Lot Size (sq ft) | 12,900 |
| Lot Size Source | Appraiser |
| County | Harris |
| MLS Area Major | 3 |
| MLS Area Minor | Hobby Area |
| Subdivision | Park Place |
| Postal Code | 77087 |
| Heating | None |
| Cooling | None |
| Tax Annual Amount | $7,863 <small style="color:#6b7280">· from 2025 county roll</small> |
| Tax Year | 2025 (county roll) |
| Tax Rate (est.) | 1.88% |
| Parcel # | 028-287-000-0009 |
| Legal Description | LT 9 BLK 14 PARK PLACE |
| Listing Terms | Cash, Conventional, Investor Financing, Other |
| 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 23, 2026, 11:00 PM CDT. Properties may subsequently be sold or off-market.
