MULTIFAMILY OPPORTUNITY AT 3245 Dixie Drive, Houston Tx, Houston, Harris County, TX 77021

For Sale

$585,000 USD
  • 7 Beds
  • 5 Baths
  • 3,669 Sqft
  • 5,360 ac Lot Size
  • MultiFamily
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Property Summary for MULTIFAMILY OPPORTUNITY AT 3245 Dixie Drive, Houston Tx Español?

2 Storey
Lot Size
5,360 Ac
Year Built
School District
Houston Independent School District

Description for MULTIFAMILY OPPORTUNITY AT 3245 Dixie Drive, Houston Tx

A great opportunity to get a newly-constructed multifamily building\rEach building offers a triplex: 3bed, 2 baths on 1st floor, and two more with 2beds and 2 bads on 2nd floor.\rIt is surrounded by schools, universities (Rice, UST, TSU, & UofH), the Texas Medical center\rSold Comparables\r? Radius of 2 miles\r? All comps are much older multi-family buildings – built in 30s, 40s, & 50s\r? Comps suggest base price of $577,500\r? Adjust upward $100,000 for new construction\r? Adjust downward $47,425 (7%) for location objections\r? Estimated adjusted list price $630,075\r\rRents range (monthly) $1,250 to $1,400\r
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Demographics in 77021top


Total population 26,214
Male population 11,780
Female population 14,434
Median age 34.80


Total households 10,720
Average people per household 2.41


Total housing units 12,493
Owner occupied 4,155
Renter occupied 6,565
Median year built 1965


Median household income 37,913
Average household income 57,528


Demographic data shown in this section was gathered from the 2019 American Community Survey and is deemed reliable but is not guaranteed.
No representation, guarantee or warranty is made as to the accuracy or completeness of information modified or aggregated for specific neighborhoods and/or zip codes.
Adriana Thomas

Adriana Thomas

Thomas Investments

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