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General Description

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Fantastic NEW PRICE!!! This charming home offers a cozy and affordable living space, making it perfect for first-time buyers or as an income-producing Airbnb opportunity. Upon entry, you're greeted by the inviting front covered patio, ideal for relaxation.With ample space both inside and out, this property presents numerous possibilities. Whether you're considering building another home in the spacious backyard or simply enjoying the privacy of the fully-fenced yard with a wrought iron fence towards the front.The kitchen boasts functionality with a gas stove, complemented by new flooring and freshly painted interiors. A convenient utility room provides additional storage space. Ample guest parking is available, along with a storage shed for added convenience.Strategically located minutes from major freeways and Downtown Houston.Plus, LOW taxes, NO HOA fees, and NO flooding. Nearby community parks offer recreational amenities. STOP RENTING AND INVEST YOUR MONEY!!

MLS#:

24602119 (HAR)

Sold Price Range:

$140,001 - $160,000

Listing Status:

Sold

Address:

7632 Avenue E

City:

Houston

State:

Zip Code:

77012

County:

Harris County

Subdivision:

Magnolia Park Sec 02 (View subdivision price trend)

Legal Description:

LTS 39 & 40 BLK 25 MAGNOLIA PARK SEC 2

Property Type:

Single-Family

Bedrooms:

1 Bedroom(s)

Baths:

1 Full Bath(s)

Stories:

Style:

Traditional

Year Built:

1930 / Appraisal District

Building Sqft.:

854 /Seller

Lot Size:

5,000 Sqft. /Appraisal District

Key Map©:

495W

Market Area:

East End Revitalized

Rooms/Lot Dimensions

Living:

20x11, 1st

Kitchen:

12x8, 1st

Primary Bedroom:

12x10, 1st

Bath:

10x7, 1st

Utility Room Desc:

12x8, 1st

Interior Features

Countertop:

Fromica

Floors:

Carpet, Laminate

Room Description:

Family Room, Utility Room in House

Cooling:

Window Units

Heating:

No Heating

Connections:

Electric Dryer Connections, Washer Connections

Dishwasher:

Oven:

Gas Oven

Range:

Freestanding Range

Disposal:

Energy Feature:

Ceiling Fans

Exterior Features

Roof:

Composition

Foundation:

Pier & Beam

Private Pool:

Exterior Type:

Wood

Lot Description:

Subdivision Lot

Water Sewer:

Public Sewer, Public Water

Exterior:

Back Yard, Back Yard Fenced, Porch, Private Driveway, Storage Shed

Additional Information

Dwelling Type:

Free Standing

HOA Mandatory:

List Type:

Exclusive Right to Sell/Lease

Buyer Agent Compensation*:

Sub Agent Compensation*:

*Disclaimer: Listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Financial Information

Financing Considered:

Cash Sale, Conventional, FHA

Other Fees:

Maintenance Fee:

Taxes w/o Exemp:

$1, 919/2023

Tax Rate:

2.1648

Selling Agent and Brokerage

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Selling Agent and Broker information is not available.

Property Tax

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Cost/sqft based on Market Value

Tax Year	Cost/sqft	Market Value	Change	Tax Assessment	Change
2023	$149.79	$127,921	21.93%	$88,662	10.00%
2022	$122.85	$104,913	15.51%	$80,602	10.00%
2021	$106.35	$90,826	11.10%	$73,275	10.00%
2020	$95.73	$81,752	2.14%	$66,614	10.00%
2019	$93.73	$80,042	45.39%	$60,559	10.00%
2018	$64.47	$55,054	0.00%	$55,054	0.00%
2017	$64.47	$55,054	5.70%	$55,054	5.70%
2016	$60.99	$52,086	0.00%	$52,086	0.00%
2015	$60.99	$52,086	3.73%	$52,086	3.73%
2014	$58.80	$50,211	-13.66%	$50,211	-13.66%
2013	$68.10	$58,156	-3.07%	$58,156	-3.07%
2012	$70.26	$60,000		$60,000

2023 Harris County Appraisal District Tax Value

Market Land Value:	$75,000
Market Improvement Value:	$52,921
Total Market Value:	$127,921

harris County Appraisal District

2023 Tax Rates

HOUSTON ISD:	1.0372 %
HARRIS COUNTY:	0.3437 %
HC FLOOD CONTROL DIST:	0.0306 %
PORT OF HOUSTON AUTHORITY:	0.0080 %
HC HOSPITAL DIST:	0.1483 %
HC DEPARTMENT OF EDUCATION:	0.0049 %
HOUSTON COMMUNITY COLLEGE:	0.0956 %
HOUSTON CITY OF:	0.5336 %
GREATER EAST END MGMT:	0.1500 %
Total Tax Rate:	2.3519 %

Estimated Mortgage/Tax

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$766 Monthly

Estimated Monthly Principal & Interest (Based on the calculation below)	$ 592
Estimated Monthly Property Tax (Based on Tax Assessment 2023)	$ 174174
Home Owners Insurance	Get a Quote

List Price

Loan Term

Months

Years

Down Payment

Annual Interest Rate

Estimated Monthly Principal & Interest

Calculate View Amortization Table

Use this mortgage calculator to create and estimate your monthly mortgage payment(principal and interest) and estimates for property taxes(based on past rates).

Subdivision Facts

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2023 Subdivision Facts

Subdivision Name:

Magnolia Park (Houston)

County / Zip Code:

77012

Single Family Properties:

1,875

Average Bedrooms:

2.77

Average Baths:

1.56

Median Square Ft.:

1,032

Median Lot Square Ft.:

5,000

Median Year Built:

1936

Median Appraised Value:

$122,880

Neighborhood Value Range:

$71 - $220 K

Median Price / Square ft.:

$167.93

View Price Trends for Magnolia Park (houston)

Schools

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School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.