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316 Thornton Rd, Houston, TX, 77018

$5,750,000

3 Bedrooms
3 Full Baths
25,214 SqFt
$228/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
Year BuiltNew Const., 2023
HeatingCentral, Natural Gas
CoolingCentral Air, Electric
MLS #47597003
StatusActive

About 316 Thornton Rd

Great opportunity to buy 14 new construction built to rent town homes in growing Houston independence Heights area. All homes are finished and fully leased. Next phase 12 homes foundations are poured and will be ready to move in 8-10 months. Price includes 14 homes. All will be 3 story 3 bed 3.5 bath single family townhomes with luxury finishings. Homes would be sold individually too. Could be feasible for 1031 exchange or tax write off. Listing agent is seller and builder.

Property Details

Property Features

Property Information:

  • Year Built: 2023
  • Stories: 3
  • Living Area: 25,214 SqFt

Listing Office:

  • Office Name: VITA Realty
  • Office Phone: (832) 544-7624
  • Listing Agent: Andy Onder Yaltir

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Trash Compactor, ENERGY STAR Qualified Appliances
  • Flooring Type: Engineered Hardwood, Stone, Hardwood
  • Interior: Balcony, Quartz Counters, Ceiling Fan(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Central Air, Electric

School Info

Assigned Schools Information:

  • Washington High School, Public Magnet Grades 9-12
  • Williams Middle School, Public Charter Grades 6-8
  • Kennedy Elementary School, Public District Grades EE-5

Other

Directions Information:

  • Directions: I10 east, Yale north, Thornton right, property is on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,750,000
  • Price Per SqFt: $228/SqFt

Tax Information:

  • Annual Amount: $12,688
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Houston, TX.

Med. Sold Price

$314.7K

Med. Price/SqFt

$164

Avg. Days On Market

39

# of Sold Homes

2006

316 Thornton Rd vs Houston

33 DAYS ON ROCKET

-6 Days

$5,750,000

+$5.4M More

$228/SqFt

+$64 More

KEY TAKEAWAY

This property is $5.4M more than the Median Sold Price and $64/SqFt more than other homes in Houston, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HAR
  • MLS Number: #47597003

Listing Office:

  • Office Name: VITA Realty
  • Office Phone: (832) 544-7624
  • Listing Agent: Andy Onder Yaltir

Broker ReciprocityDisclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”.

Copyright© 2024 Houston Realtors Information Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 4/28/2024, 2:25:13 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$12,688$593,990
2020$12,374$528,794
2018$4,175$165,000

History based on county public records data.

Payment Calculator

$28.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$17.3K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1838724
3
/10
  • Kennedy Elementary School

  • 306 Crosstimbers St

  • 0.48 miles

  • Public District Grades EE-5

Middle School

school-card-donut-1838725
3
/10
  • Williams Middle School

  • 6100 Knox St

  • 1.87 miles

  • Public Charter Grades 6-8

High School

school-card-donut-1838726
3
/10
  • Washington High School

  • 119 E 39th St

  • 0.82 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,000. Residents of Houston, TX typically earn less than $35k each year. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 316 Thornton Rd

What is the listing price of this property?

The listing price of 316 Thornton Rd property is $5,750,000.

What type of property is this?

The property 316 Thornton Rd is a house located in Houston, Texas, 77018.

Is this property for sale now?

Active Listing: 316 Thornton Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 316 Thornton Rd are:
Kennedy Elementary School: GreatSchools Rating 3/10
Williams Middle School: GreatSchools Rating 3/10
Washington High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $12,688 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 316 Thornton Rd has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 316 Thornton Rd is 25,214 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 316 Thornton Rd is 2023.
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Rocket Homes›Texas›Harris County›Houston›77018›316 Thornton Rd

This home is located at 316 Thornton Rd in Houston, TX and zip code 77018 in the North Houston neighborhood. This 25,214 square foot home was built in 2023. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 26, 2024 and is currently priced at $5,750,000.

Over 344 listings were sold over their listed price in March 2024 in Houston, TX. In the same period over 1238 listings were sold below the listed price and 423 listings were sold for the listed price. Between February 2024 and March 2024, Houston, TX real estate market has seen increase in the number of listings by 20.1%. While the average time on the market in March 2024 was 39 days, the median list price was $314,779.

From Rocket Homes Real Estate and based on county public records data.

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