5,775 SF corner lot | Close to Med Center | 2403 Ruth | Houston, TX | $250,000
5,775 SF corner lot. No deed restrictions. Suitable for residential or commercial. Corner lot on Ruth and Emancipation. Large trees. Recently renovated neighbor. Not in flood zone. Massive new H-E-B in MacGregor marks milestone for area.
Economics: 14% annual increase in property tax values and single-family homes avg. sale price per SF.
Investor demographics: Washington Terrace has 79% employed in white collar job, 39% with at least undergraduate degrees. Compared to Houston, 19% higher undergraduate degree and 22% lower owner-occupied homes.
Outstanding location. Under 1 MI to Hermann Park, Museum District, TSU. Under 2 MI to Downtown, Texas Medical Center, UH Central Campus.
Easy access. 0.8 MI from 288 northbound and 0.9 MI from 288 southbound. Under 1 MI to US 69. 1.5 MI to I-45. 3.5 MI to I-610.
RESEARCH & ANALYSIS
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HARRIS COUNTY APPRAISAL DISTRICT DATA
Owner: Maura N. Polansky
Address: 2403 Ruth ST, Houston, TX 77004
Property ID: 0611530000022
Legal Description: Lot 22 Block 14 Washington Terrace
State Class Code: C1 -- Real, Vacant Lots/Tracts (In City)
Land Use Code: 1000 -- Residential Vacant
Market Area: 130 -- 1C Midtown, Riverside Terrace, University Areas
Size*: 0.133 acres | 5,775 SF | 0.054 hectares | 536.5 m2
*Calculations by SWPRE
Paid 2019: $2,670
2018 taxes without exemptions: $2,670
Tax Rate: 2.421583
Travel north on Exit Ramp 0.3 MI
Merge on Service Road 0.4 MI
Continue on Hutchins ST 0.3 MI
Turn right (east) on Ruth ST 0.1 MI
Property on left with sign
Exit toward Southmore ST/Calumet ST/Binz ST 0.5 MI
Merge onto Service RD 479'
Turn left (east) on Southmore BLVD 0.2 MI
Turn left (north) on Emancipation AVE 0.4 MI
Property on right at corner of Emancipation AVE and Ruth ST
3% BUYER BROKER COMMISSION
Only requirements for payment of 3% buyer broker commissions: Texas Broker License and submit contract that escrows, closes and funds.