2 months on rocket

4601 Canal St, Houston, TX, 77011

$408,500

Home List Price

$4,851*

Closing Credit

1 Bedroom
1 Full Bath
1,248 SqFt
$327/SqFt
House
Schools Nearby

Location

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4601 Canal St, Houston$408,500

Buyer Closing Credits

$4,851*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1929
HeatingOther
CoolingNone, Window Unit(s)
MLS #73940668
StatusActive

About 4601 Canal St

Perfect investment for the new or seasoned cash flow investor. Property is fully leased, generates $3100+/month gross revenue, & operates trouble free. Property consists of 2 buildings, each with 2 units (4 units total) on an oversized ~ 7700 sq. ft. corner lot. Located on Canal St., a beautiful tree lined street that acts as an important east/west artery through the East End. 2 units include washer / dryer connections. Also includes 4 empty storage units that could be rented for additional monthly revenue. Many options with this property. 1. Operate as-is with stable, steadily increasing cash flow while the property value appreciates. 2. Move in and make this your home, then live expense free with rent from the other units covering your monthly expenses. 3. Upgrade the units to generate significant additional cash flow. Rent roll, survey, and income statement are available on request. No showings without an contract. Please do not disturb the tenants.

Property Details

Property Features

Property Information:

  • Year Built: 1929
  • Stories: 1
  • Living Area: 1,248 SqFt

Listing Office:

  • Office Name: ListingResults.com
  • Office Phone: (800) 433-5206
  • Listing Agent: Jack McLemore

Interior Features

Interior Information:

  • Flooring Type: Laminate, Wood

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Lot Features

Lot Information:

  • Lot: Corner Lot

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: None, Window Unit(s)

School Info

Assigned Schools Information:

  • Austin High School, Public Magnet Grades 9-12
  • Jackson Middle School, Public Magnet Grades 6-8
  • Burnet Elementary School, Public District Grades EE-5

Other

Directions Information:

  • Directions: Exit Lockwood from I-10 and head south on Lockwood to Canal St. Head right (west) on Canal towards downtown. Property is on the north side the street at the Corner of Canal and Hagerman

Price Information

Listing Price Info

Price Summary:

  • List Price: $408,500
  • Price Per SqFt: $327/SqFt

Tax Information:

  • Annual Amount: $5,015
  • Tax Year: 2021
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Housing Market Comparison

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

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Houston, TX

City

Med. Sold Price

$314.7K

Med. Price/SqFt

$164

Avg. Days On Market

39

# of Sold Homes

2006

4601 Canal St vs Houston

62 DAYS ON ROCKET

+23 Days

$408,500

+$93.7K More

$327/SqFt

+$163 More

KEY TAKEAWAY

This property is $93.7K more than the Median Sold Price and $163/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: #73940668

Listing Office:

  • Office Name: ListingResults.com
  • Office Phone: (800) 433-5206
  • Listing Agent: Jack McLemore

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: 4/27/2024, 7:25:13 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$5,015$210,686
2020$4,662$208,997
2018$4,859$181,300

History based on county public records data.

Payment Calculator

$2,106

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,291

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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-1078301
5
/10

  • Burnet Elementary School

  • 5403 Canal St

  • 0.57 miles

  • Public District Grades EE-5

Middle School

school-card-donut-1078302
4
/10

  • Jackson Middle School

  • 5100 Polk St

  • 0.97 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-1078303
2
/10

  • Austin High School

  • 1700 Dumble St

  • 1.15 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,256. The most common annual income of people living in Houston, TX is less than $35k. The most common type of family is 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 4601 Canal St

What is the listing price of this property?

The listing price of 4601 Canal St property is $408,500.

What type of property is this?

The property 4601 Canal St is a house located in Houston, Texas, 77011.

Is this property for sale now?

Active Listing: 4601 Canal St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 4601 Canal St are:
Burnet Elementary School: GreatSchools Rating 5/10
Jackson Middle School: GreatSchools Rating 4/10
Austin High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,015 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 4601 Canal St has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 4601 Canal St is 1,248 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4601 Canal St is 1929.

Rocket Homes›Texas›Harris County›Houston›77011›4601 Canal St

This home is located at 4601 Canal St in Houston, TX and zip code 77011 in the South Central Houston neighborhood. This 1,248 square foot home was built in 1929. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since February 24, 2024 and is currently priced at $408,500.

Houston, TX housing market in March 2024 saw over 344 listings sold above listed price, more than 423 sold at listed price and over 1238 sold below. The number of homes for sale in Houston, TX increased by 20.1% between February 2024 and March 2024. Listings spent 39 days on the market in March 2024, and had a median list price of $314,779 during the same period.

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

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