Houston Properties

7431 Avenue L, Houston, Texas 77011

$259,000

 
Paige Martin
713-425-4194
pmartin@houstonproperties.com
Real Estate Broker
Keller Williams Memorial

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About 7431 Avenue L

Excellent investment opportunity in the vibrant Magnolia Park neighborhood, being sold as is! This triplex offers strong income potential, ideal for investors or those looking to live in one unit while renting out the others. The property is conveniently located close to schools, a public park within walking distance, and easy access to major roads for seamless transit options.

The front unit is a comfortable 2-bedroom, 1-bath residence, while the back houses a 2-story duplex, each unit featuring 1 bedroom and 1 bath. Income Breakdown: The front unit is vacant and could bring in $1,300 per month. The second unit, recently vacated, was previously rented for $900/month, and the third unit has been occupied since March 2024 at $850/month. All including utilities, only 1 meter for the entire property.

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Highlights

General Description

  • Listing Price $259,000
  • City Houston
  • Zip Code 77011
  • Subdivision Magnolia Park Sec 02
  • Listing Status Pending
  • Baths 1 Full Bath(s)
  • Stories 2
  • Year Built 1930 / Appraisal District
  • Lot Size 5,000 / Appraisal District
  • MLS # 29324385 (HAR)
  • Days on Market 6 days
  • Total Days on Market 6 days
  • List Price / Sq Ft $148.51
  • Address 7431 Avenue L
  • State Texas
  • County Harris
  • Property Type Multi-Family
  • Bedrooms 2
  • Garage 0
  • Building Sq Ft 1,744
  • Market Area East End Revitalized Area
  • Area 4

Taxes & Fees

  • Tax IDNA
  • Tax RateUnknown
  • Taxes w/o Exemption/YrUnknown
  • Maint FeeNo

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Room/Lot Size

Interior Features

  • FireplaceNo
  • Heating Central Electric
  • Cooling Central Electric
  • DishwasherMaybe
  • RangeYes
  • DisposalMaybe
  • MicrowaveMaybe
  • LoftMaybe

Exterior Features

  • Roof Wood Shingle
  • Private PoolMaybe
  • Area PoolMaybe
  • New ConstructionNo
  • Listing Firm

Schools (HOUSTO - 27 - Houston)

Name Grade Great School Ranking Performance Index Distinction Designations
De Zavala Elem (Houston) Elementary 5 of 10 4 of 4 5 of 7
Edison Middle Middle 4 of 10 4 of 4 0 of 7
Austin High (Houston) High 2 of 10 4 of 4 2 of 7

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
713-425-4194
pmartin@houstonproperties.com
Real Estate Broker
Keller Williams Memorial

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Paige Martin

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