758 Memorial Mews StHouston, TX 77079

For Sale
$685,000 View listing
  • Apartment buildings
  • 3,797 SF

Property Details for 758 Memorial Mews St

Year built
1980
Construction
BRICK
Lot size
0.14 AC
Property size (Sq ft)
3,797 SF
Property type
Apartment buildings
APN
1147280020005
APU
1147280020005

Description

Exceptional investment opportunity: a four-unit multifamily property located in the desirable Meadows on Memorial subdivision in Houston, Texas. This 1980-built fourplex is priced at $685,000 and boasts four units, each featuring two bedrooms and two bathrooms. The bottom two units underwent a complete renovation in 2018, showcasing updated granite countertops, plush carpeting in the bedrooms, and stylish tile flooring throughout the remaining areas. The property benefits from long-term, stable tenants, minimizing vacancy concerns and maximizing rental income. Its prime location in the Energy Corridor, west of Memorial Drive, provides unparalleled convenience and access to a wealth of amenities. Residents enjoy proximity to the scenic Buffalo Bayou Bike Trail and Terry Hershey Park, along with a vibrant array of restaurants, bars, coffee shops, and grocery stores. Furthermore, the property offers easy access to major thoroughfares, including I-10, Beltway 8, and Highway 6, ensuring seamless commutes. Within a short drive, residents can reach City Centre and Memorial City Mall. This well-maintained property presents a rare opportunity for investors seeking a stable, high-return investment in a highly sought-after Houston neighborhood. The combination of desirable location, updated units, and long-term tenants makes this fourplex a truly exceptional investment prospect.

758 Memorial Mews St, Houston, Texas

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.7772
Longitude
-95.623
CBSA code
26420
CBSA name
HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$9,638
$150,500
$464,883
$615,383
-
$150,500
$464,883
$615,383

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