Address
511 Gulf Bank Road, Unit 5, Houston, TX
Price
$ 1,800,000
Property Attributes
  • MLS#56432460
  • TypeMulti-Family
  • CountyHARRIS
  • CityHouston
  • Area34
  • NeighborhoodHill W L
  • Zip77037
  • StyleMulti-Family
  • Year Built1960
  • Taxes$ 7416
  • Price$ 1,800,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage5800
  • Lot Size4.51309 Acres
Data Source:
Houston Association of REALTORS® (HAR)
Property Description

This commercial property at 511 Gulf Bank offers a fantastic opportunity for investors looking to capitalize on a current cash flow and the potential for future expansion. Situated on over 4.5 acres, this prime location is ideal for constructing a commercial building. With a price tag of $1,800,000, this multi-family property boasts multiple detached dwellings and spans across 5,800 square feet. Built in 1960, the property also offers ample space with its expansive lot size of 196,590 square feet. Don't miss out on this remarkable chance to own a profitable commercial property in a sought-after area.

Elementary School Middle School High School
Raymond Academy Elementary School Grantham Academy Middle School Aldine High School
Price History
4/21/2023 Listed $1,800,000

General Features

Heating Central Electric,Central Gas,Other Heating,Window Unit
Roof Composition
Restrictions None
Full Baths 2
Year Built 1960
Subdivision Hill W L
Stories 1
County Harris
Tax Rate 2.0473
Property Type Multi-Family
Yearly Taxes 7416
Census Tract 2217.02
Tax Year 2022
Unit Number 5
Status Active
Sub Type Multiple Detached Dwellings
Directions From Hardy Toll road take Gulf Bank going West property will be on right hand side
City Houston
Disclosures Sellers Disclosure
School District 1 - Aldine
Street Name Gulf Bank
Geo Market Area Aldine Area
DOM 392
Elementary School RAYMOND ACADEMY
Middle School GRANTHAM ACADEMY
Finance Available Cash Sale,Conventional
High School ALDINE HIGH SCHOOL
List Type Exclusive Right to Sell/Lease
Unit Total 7

Interior Features

Total Bedrooms 3
Unit Count 3
Sq Ft Total 5800
Sq Ft Source Seller
Cool System Central Electric,Window Units
Total Baths 2.00

Exterior Features

Lot Size Source Appraisal District
Lot Size 196590

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 77037

Price
AVG $1.8M
$1.8M
Taxes
AVG $7,416
$7,416
Visits
AVG 1041
1045
Data Provided by Inside Real Estate®
Year Built
AVG 1960
1960
Walkscore
AVG 30
30
Data Provided by Walkscore® not using MLS data

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