1914 Larrabee Street #1-12, Houston, Texas 77586
$1,213,000
2 Beds
1 Full Bath
Multi-Family
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About 1914 Larrabee Street #1-12
Located in the charming lakefront community of Seabrook, this well-maintained 12-unit apartment complex presents a strong investment opportunity in a highly sought-after area. The property includes a mix of four 2-bedroom, 1-bathroom units and eight 1-bedroom, 1-bathroom units—perfectly suited for a variety of tenants. All 2-bedroom units feature private, fenced backyards, offering additional outdoor living space—a rare find in multifamily properties. Each unit is equipped with energy-efficient double-pane windows, updated water heaters, and PEX plumbing. As well as 1 covered parking space per unit. 10 of the units have had their HVAC systems replaced within the last 4 years, significantly reducing ongoing maintenance costs. The complex features onsite laundry facility w/ 2 coin-operated washers & dryers. 3 year (2022-2024) NOI average=approx $64k with huge upside to turn into vacation rental, within walking distance to Clear Lake-watercraft rentals, waterfront restaurants & nightlife.
Highlights
1914 Larrabee Street #1-12
$1,213,000
Multi-Family
4,004 Home Sq Ft
Houston 77586
2 Beds
1 Full Bath
19,585 Lot Sq Ft
General Description
Taxes & Fees
Tax ID
041-008-009-0145
Tax Rate
2.0329%
Taxes w/o Exemption/Yr
$15,724 / 2024
Maint Fee
No
Interior Features
Fireplace
No
Floors
Carpet, Tile, Vinyl Plank
Heating
Natural Gas
Cooling
Ceiling Fan(s), Electric
Appliances
Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Microwave, Range, Refrigerator
Dishwasher
Yes
Range
Yes
Disposal
Yes
Microwave
Yes
Energy Feature
Exposure/Shade, HVAC, Thermostat
Loft
No
Exterior Features
Roof
Other
Exterior Type
Brick, Cement Siding, Wood Siding
Exterior
Balcony, Private Entrance
Private Pool
No
Area Pool
Maybe
New Construction
No
Listing Firm
eXp Realty, LLC
Schools
| Name | Grade | Great School Ranking |
|---|---|---|
| Bay Elem | Elementary | 7 of 10 |
| Seabrook Intermediate | Middle | 7 of 10 |
| Clear Falls High | High | 6 of 10 |
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.
