1308 Hughes Street #6, Houston, Texas 77023
$539,888
3 Beds
1 Full Bath
Multi-Family
Request More Information
About 1308 Hughes Street #6
Excellent income-producing opportunity in Houston’s revitalized East End! Situated on a 19,313 SF corner lot, this unique 6-unit multifamily property consists of two spacious 3BR/2BA homes with gas fireplaces plus two duplexes offering four 1BR/1BA units. Units feature hardwood or laminate flooring, window A/C, & assigned off-street parking, with additional parking for the larger residences. Gross Scheduled Rent at full occupancy is $72,600 annually/$6,050 monthly. Currently, 2 units are occupied, and 4 are vacant, creating significant lease-up and value-add potential for the next owner. Ideally located with easy access to I-45, I-69/US-59, I-610, I-10 & SH-225. Minutes from Downtown, UH, and the Texas Medical Center, with METRO within walking distance. Excellent opportunity to acquire 6 rental units on a substantial corner lot in an established East End neighborhood with continued growth and redevelopment. Strong rental demand & excellent long-term investment & appreciation potential.
Highlights
1308 Hughes Street #6
$539,888
Multi-Family
6,592 Home Sq Ft
Houston 77023
3 Beds
1 Full Bath
19,313 Lot Sq Ft
General Description
Taxes & Fees
Tax ID
012-129-004-0014
Tax Rate
2.2752%
Taxes w/o Exemption/Yr
$5,990 / 2025
Maint Fee
No
Interior Features
Fireplace
No
Floors
Hardwood, Laminate, Wood
Heating
Window Unit
Cooling
Ceiling Fan(s), Window Unit(s)
Appliances
Disposal, Range
Dishwasher
No
Range
Yes
Disposal
Yes
Microwave
No
Loft
No
Exterior Features
Roof
Composition
Exterior Type
Wood Siding
Private Pool
No
Area Pool
Maybe
Lot Description
1/4 Up to 1/2 Acre, Corner Lot, Cul-De-Sac
New Construction
No
Listing Firm
Urban Loop Realty
Schools
| Name | Grade | Great School Ranking |
|---|---|---|
| Carrillo Elem (Houston) | Elementary | None of 10 |
| Navarro Middle (Houston) | Middle | None of 10 |
| Austin High (Houston) | High | 3 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.
