| Elementary | TIJERINA EL | B |
| Middle | EDISON MIDDLE | A |
| High | AUSTIN H S Grad 78% | B |
7.7% IN-PLACE CAP RATE, $93,750/DOOR, 8-UNIT COMPLEX INSIDE THE 610 LOOP. Exceptional cash-flowing multi-family asset in Central Park / Magnolia Park (East End Revitalized). Composed of two separate two-story fourplex buildings totaling 4,368 SqFt. 100% occupied, generating $6,350/mo ($76,200/yr gross) with an actual in-place NOI of $57,741. Consists of eight identical 1-Bed/1-Bath units averaging ~$794/mo. Major capital expenditures already completed: recent replacement roof, replaced water main supply lines, and upgraded attic insulation. Separately metered electricity (tenant-paid). Water/sewer is owner paid, creating prime upside to implement RUBS or a flat utility fee to boost NOI. Minutes to Downtown Houston, EaDo, UH, and Port of Houston employment hubs. Do not disturb tenants; drive-by only until contract.
| Property Type | Residential Income |
| Property Sub Type | Multi Family |
| Year Built | 1946 |
| Year Built Source | PublicRecords |
| New Construction | No |
| Stories | 2 |
| Levels | Two |
| Living Area | 4,368 sq ft |
| Living Area Source | Appraiser |
| Building Area Total | 4,368 sq ft |
| Roof | Composition |
| Bedrooms | 1 |
| Bathrooms (total) | 1 |
| Bathrooms Full | 1 |
| Lot Size (sq ft) | 5,000 |
| Lot Size Source | Appraiser |
| County | Harris |
| MLS Area Major | 4 |
| MLS Area Minor | East End Revitalized |
| Subdivision | Central Park Magnolia Park |
| Postal Code | 77011 |
| Heating | Window Unit |
| Cooling | Window Units |
| Parcel # | 111-111-111-1111 |
| Legal Description | 1 A/B & 2 A/B Blk 76 Central Park to Magnolia Park |
| Listing Terms | Cash, Conventional |
| 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.
