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511 Gulf Bank Road, Unit 5 Houston, TX $ 1,800,000
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$ 1,800,000 Get more info
511 Gulf Bank Road, Unit 5
$ 1,800,000
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Share Save

511 Gulf Bank Road, Unit 5

Houston, TX, 77037
$ 1,800,000
Bedrooms3 Baths2.0 Sq 5,800

Monthly Estimate*

$ 11,963

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Multi-Family Home for sale in Houston, TX

for $1,800,000 with 3 bedrooms and 2 full baths. This 5,800 square foot home was built in 1960 on a lot size of 4.51309.

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.

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Multi-Family Active

Price

$ 1,800,000

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 7,416

Style

Multi-Family

Lot Size

4.51309

Year Built

1960

Town/City

Houston

County/Region

Harris

MLS | Web ID

56432460
Features
General
Heating Central Electric Central Gas Other Heating Window Unit
Roof Composition
Restrictions None
Full Baths 2
Year Built 1960
New Construction 0
Subdivision Hill W L
Stories 1
County Harris
Tax Rate 2.0473
Property Type Multi-Family
Yearly Taxes 7416
Tax Year 2022
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 399
Maintenance Fee Y/N 0
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
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Interior
Total Bedrooms 3
Total Baths 2.00
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Exterior
Lot Size Source Appraisal District
Lot Size 196590
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* Excluded Features
List By
Fathom Realty

Broker

rafaelperez@fathomrealty.com

Email

Affordability Calculator

$12,581
Per Month
95%
5%
0%
Monthly Principal & Interest
$11,963
Monthly Property Taxes
$618
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
1830084 Elementary School
1773618 Middle School
Aldine High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/21/2023$1,800,000 Listed Price

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511 Gulf Bank Road, Unit 5, Houston, TX, 77037 is a Multi-Family Home for sale at $1,800,000 with 5,800 sqft and a lot size of 4.51309. 511 Gulf Bank Road, Unit 5 has 3 bedrooms, 2.0 baths, and was built in 1960. The property's zip code is 77037 which is in Houston, TX

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