311 S. 3rd Street, Houston, Texas 77562

$320,000

Paige Martin

713-425-4194

pmartin@houstonproperties.com

Real Estate Broker

Keller Williams Memorial

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About 311 S. 3rd Street

A are find with strong income potential and versatile living options. This unique multifamily property features two separate dwellings on one lot, each offering privacy, functionality, and value. The first unit, a vacant 2-bedroom, 1-bath home with a bonus storage room in the back –is move-in ready. The second unit, a 3-bedroom, 1-bath home, currently tenant-occupied and generating immediate rental income. Perfect for owner-occupants or another tenant. Each unit is individually fenced, providing private outdoor space for both homes. With no HOA, a low property tax rate, and a prime location just 30 minutes from Downtown Houston with quick access to I-10 East, this property is ideal for investors or anyone looking to live in one unit while renting out the other. Whether you're looking to expand your rental portfolio or offset your mortgage with rental income, 311 S 3rd St. delivers flexibility and value. Don’t miss this opportunity – schedule your showing today!

Highlights

311 S. 3rd Street

$320,000

Multi-Family

1,092 Home Sq Ft

Houston 77562

3 Beds

1 Full Bath

10,000 Lot Sq Ft

General Description

Listing Price $320,000
City Houston
Zip Code 77562
Subdivision Highlands Townsite
Listing Status Active
Baths 1 Full Bath(s)
Stories 1
Year Built 2015 / Appraisal District
Lot Size 10,000 / Appraisal District
MLS # 42327798 (HAR)
Days on Market 20 days
Total Days on Market 20 days
List Price / Sq Ft $293.04
Address 311 S. 3rd Street
State Texas
County Harris
Property Type Multi-Family
Bedrooms 3
Garage 0
Building Sq Ft 1,092
Key Map 459V
Area 2

Taxes & Fees

Tax ID

058-255-006-0014

Tax Rate

2.2473%

Taxes w/o Exemption/Yr

$6,628 / 2024

Maint Fee

No

Click here to read more about taxes & exemptions

Room/Lot Size

Interior Features

Fireplace

No

Heating

Central Electric, Central Gas

Cooling

Central Electric, Central Gas

Dishwasher

Maybe

Range

Yes

Disposal

Maybe

Microwave

Maybe

Loft

Maybe

Exterior Features

Roof

Composition

Private Pool

Maybe

Area Pool

Maybe

New Construction

No

Listing Firm

Schools (GOOSEC - 23 - Goose Creek Consolidated)

Name Grade Great School Ranking
Hopper/Highlands Elem Elementary None of 10
Highlands Jr High Middle 9 of 10
Goose Creek Memorial High 4 of 10
Read more about Houston's Top Schools

School information is generated by the most current available data we have. However, as school boundary maps can change, and schools can get too crowded (whereby students zoned to a school may not be able to attend in a given year if they are not registered in time), you need to independently verify and confirm enrollment and all related information directly with the school.

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Paige Martin, Broker Associate, Keller Williams Memorial 1220 Augusta Dr, 300, Houston, TX 77057

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Disclaimer

Statistics and data is from the most recent available period, as of the time of this writing. No representations or warranties, either expressed or implied, are made to the accuracy of the information herein, or with respect to suitability, usability, feasibility, merchantability or condition of any property described herein. There is no official relationship between this website, the owner, or lessee/real estate agent and any properties described on this website (including, but not limited to owners, management companies, HOAs or associations) or visa versa. Data is presented for informational purposes only and does not represent a listing of a building, property or entity. All dimensions are approximate