$550,000
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3 Beds
2 Baths
3,372 SqFt
SOLD DATE : 09/07/2022
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,372 sqft
Price per Sqft $140
Subdivision Spring Branch Estates Sec 02
MLS Listing ID 47946940
Sold Date 09/07/22
Bedrooms 3
Full Baths 2
Year Built 1978
Annual Tax Amount $6,819
Tax Year 2021
Lot Size 10,714 Sqft
Property Description
Purchase as an Investment, or
live on one side and lease the other.
Large 3-2-2, 1,686 sf units; large closets and bedrooms.
Wood burning fireplace; cathedral ceilings; sunken living rooms.
100% leased.
Purchase price is only $163/sf.
Increasing rentals- 2021 rents were $1,595 per month; currently $1,695 and $1,795.
Recent Comps- 2222 Peppermill- 3/2.5- 1,328sf, asking $2,000/mo; 2519 Peppermill- 3/2- 1,122sf, asking $2,000/mo
Easy to manage- all utilities are separately metered and paid by tenants; Tenants are
responsible for yard maintenance.
Located in close-in Spring Branch area- halfway between the Belt and the Loop.
Composition roofs were replaced in 2016; Built up roofs were resealed with
100% Acrylic Dura-Brite Elastomeric Roof Coating (10 year Warranty) in 2022.
Can be purchased separately or can be combined with 2233-2235 McKean to make 4 units, total. All remodeled with granite counter tops and engineered wood flooring.
Location
State TX
County Harris
Area Spring Branch
Interior
Heating Central Gas
Cooling Central Electric
Flooring Engineered Wood, Tile
Exterior
Utilities Available Cable, Electric, Gas, Water
Roof Type Built Up,Composition
Parking Type Garage Parking
Building
Lot Description Corner
Faces North
Story 1
Unit Features Fenced Area,Fireplace
Structure Type Brick,Vinyl
New Construction No
Schools
Elementary Schools Cedar Brook Elementary School
Middle Schools Spring Woods Middle School
High Schools Northbrook High School
School District 49 - Spring Branch
Others
Restrictions Deed Restrictions
Tax ID 068-144-007-0008
Energy Description Ceiling Fans,Insulation - Blown Fiberglass,Insulation - Rigid Foam
Acceptable Financing Cash Sale, Conventional
Tax Rate 2.5733
Disclosures No Disclosures, Sellers Disclosure
Listing Terms Cash Sale, Conventional
Financing Cash Sale,Conventional
Special Listing Condition No Disclosures, Sellers Disclosure
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10419 W Hidden Lake Ln, Richmond, Texas, 77046, United States