4207 Drake ST, Houston, TX 77005 | Cross Capital Realty

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Larry Cedillo

larrycedillo.broker@gmail.com +1(281) 746-1512

$975,000

Est. payment - /mo

2 Beds

1 Bath

4,208 SqFt

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,208 sqft

Price per Sqft $231

Subdivision College Court Place

MLS Listing ID 79626238

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1966

Annual Tax Amount $16,713

Tax Year 2024

Property Sub-Type Multi Family

Property Description

Exceptional 6-unit property located in prestigious West University Place (77005). Situated in one of Houston's most exclusive neighborhoods, this asset boasts washer/dryer connections, central HVAC, copper wiring, and long-term tenants. The property has been well-maintained and offers a rare chance to own a multifamily in an A+ location. With surrounding new development and rents currently 25–30% below market, this is an excellent candidate for a buy-and-hold strategy or long-term redevelopment.

This property is being offered individually or as part of a 20-unit multifamily portfolio located in several of Houston's most desirable neighborhoods.

Location

State TX

County Harris

Area 17

Interior

Heating Central, Electric, Gas

Cooling Central Air, Electric

Flooring Carpet, Tile, Wood

Fireplace No

Appliance Dishwasher, Disposal, Refrigerator

Exterior

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Water Available

Roof Type Composition

Building

Entry Level Two

Level or Stories Two

New Construction No

Schools

Elementary Schools West University Elementary School

Middle Schools Pershing Middle School

High Schools Lamar High School (Houston)

School District 27 - Houston

Others

Tax ID 055-286-000-0014

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

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Houston Realtors Information Service / HAR MLS

Listed by Kevin Riles Commercial Kevin Riles

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Vicky Cedillo

+1(832) 797-6431

Brokerage Owner | License ID: 607705

Brokerage Owner License ID: 607705

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4207 Drake ST Houston, TX 77005