5,775 SF corner lot | Close to Med Center | 2403 Ruth | Houston, TX | $149,000

5,775 SF corner lot. Large trees. Recently renovated neighbor. Not in flood zone.
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 I45. 3.5 MI to I610.

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For More Information

Don Stefanov, GRI, ABR
Managing Partner – SWPRE Fredericksburg
m  +1 830.998.5677
o   +1 830.900.0266
e    don@swpre.com
w   https://donstefanov.swpre.com/

Investor Model & Financial Key Indicators

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Aerials

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Unmet Housing Demand Indicators

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Additional Research & Analysis

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Bell Central Appraisal District Data

 

Owner:  LAUGHLIN REAL ESTATE MANAGEMENT LLC SERIES WINDCREST APARTMENTS

Address: 1310 S 23rd ST, Temple, TX 76504

Legal:
Property ID: 63138
Legal Description: TAL-COE PLACE, BLOCK 022, LOT 10, 12, PT 8, (S 35' OF 8), VILLA SIXTEEN APTS & BUSINESS PERSONAL PROPERTY
Geographic ID: 0120150000

Improvements*:

Style: 2 story
Configuration: Multi-family
Units: 16
Year Built: 1975
HVAC Living Area: 7,228 SF | 671.5 m2*
Asphalt Paving: 5,125 SF | 476.13 m2*
*m2 calculations by SWPRE 

Land
Size*: 0.43 acres | 18,900 SF |  0.1755 hectares | 1,755.9 m2
Frontage: 135'
Depth: 140'
*Calculations by SWPRE 

Property Taxes:

Paid 2018
: $7,142.51
2018 taxes without exemptions: $7,142.51
Tax Rate: 12.73298
Exemptions: No

Zoning: MF-2* 
*from City of Temple Planning & Zoning

Drive Time, Walk & Radii Maps

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Google Driving Maps

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Directions

1.4 MI from US 190 (SE HK Dodgen Loop) at 31st ST
Travel N on 31st ST 1.1 MI
Turn right (E) on Ave M 0.3 MI
Turn right (S) on 23rd ST
Property on your right
Google Map link 

1.4 MI from I35 at Central AVE
Travel E of Central AVE 0.1 MI
Turn right (S) on 31st ST 0.9 MI
Turn left (E) on Ave M 0.3 MI
Turn right (S) on 23rd ST
Property on your right
Google Map link

3% Buyer Broker Commission

Only requirements for payment of 3% buyer broker commissions: Texas Broker License and submit contract that escrows, closes and funds.

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