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General Description

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2612 Riverside Drive provides a very rare opportunity for a developer or investor to purchase a single tract of land with 32,021 sq. ft. in the heart of the city. Formerly, this property operated as a 41 unit motel and also includes a separate retail space which is currently a hair salon. This area has seen tremendous new construction & redevelopment all around including the neighboring lot (23K sq. ft.) which was replatted for 12 townhouses of which all have sold. The property is situated 1 block from Highway 288, 2 blocks from a brand new HEB grocery store and less than 10 minutes from both Downtown & the Texas Medical Center. Major universities including Rice, Texas Southern, University of Houston and St. Thomas are located within a close vicinity as well.

MLS#:

56468195 (HAR)

Sold Price Range:

$1,638,001 - $1,888,000

Listing Status:

Sold

Address:

2612 Riverside Drive

City:

Houston

State:

Zip Code:

77004

County:

Harris County

Subdivision:

Riverside Terrace Sec 05 (View subdivision price trend)

Legal Description:

RES A BLK 1 RIVERSIDE TERRACE SEC 5 AMEND PAR R/P

Property Type:

Lots

Lot Size:

32,021 Sqft. /Appraisal District

Key Map©:

533B

Market Area:

Riverside

Rooms/Lot Dimensions

Lot Dim (F):

170

Lot Dim (B):

250

Lot Dim (L):

167

Lot Dim (R):

155

Exterior Features

Lot Description:

Can Be Subdivided, Open, Other, Subdivision

Water Sewer:

Public Sewer, Public Water

Cable:

Available

Phone:

Available

Electric:

Electric Available

Gas:

Gas Available

Road Surface:

Concrete

Unit Location:

Can Be Subdivided, Open, Other, Subdivision

Area Pool:

Additional Information

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:

Conventional, Investor, Other

Other Fees:

Maintenance Fee:

Taxes w/o Exemp:

$22, 559/2020

Tax Rate:

2.5366

Selling Agent and Brokerage

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Selling Agent

Larry O'Neal

Click to view phone

Selling Broker

Womack Development & Investment Realtors

4412 Almeda Rd
Houston, TX 77004

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Property Tax

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Neighborhood Tax Rates for Riverside Terrace (houston)


Tax Type	Tax Name	Tax Rate
CITY	HOUSTON CITY OF	0.5336%
COMMUNITY COLLEGE DISTRICT	HOUSTON COMMUNITY COLLEGE	0.0956%
COUNTY	HC DEPARTMENT OF EDUCATION	0.0049%
COUNTY	HARRIS COUNTY	0.3437%
FLOOD CONTROL DISTRICT	HC FLOOD CONTROL DIST	0.0306%
HOSPITAL DISTRICT	HC HOSPITAL DIST	0.1483%
INDEPENDENT SCHOOL DISTRICT	HOUSTON ISD	1.0372%
MANAGEMENT DISTRICT	GREATER SE MGMT DIST	0.1150%
PORT OF HOUSTON AUTHORITY	PORT OF HOUSTON AUTHORITY	0.0080%

Specific Tax Rates for this property are unavailable at this time. Tax Rates shown represent rates applicable within Riverside Terrace (houston), individual properties will vary. Certain entities such as MUD, ESD, and School district may vary across a neighborhood and individual properties are generally serviced by only one o

Estimated Mortgage/Tax

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$8,021 Monthly

Estimated Monthly Principal & Interest (Based on the calculation below)	$ 8,021
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:

Riverside Terrace (Houston)

County / Zip Code:

77021

Single Family Properties:

1,373

Average Bedrooms:

3.47

Average Baths:

2.74

Median Square Ft.:

2,428

Median Lot Square Ft.:

9,000

Median Year Built:

1950

Median Appraised Value:

$355,202

Neighborhood Value Range:

$168 - $729 K

Median Price / Square ft.:

$180.48

View Price Trends for Riverside Terrace (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.

ASSIGNED SCHOOLS

Lockhart Elementary School Elementary . PK - 05 . HOUSTON ISD

Good |

Cullen Middle School Middle . 06 - 08 . HOUSTON ISD

Average |

Yates High School High . 09 - 12 . HOUSTON ISD
|

View Nearby Schools ↓

Property Map

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2612 Riverside Drive, Houston, TX 77004 Directions

Nearby places and schools.

Street View Birds Eye View

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2612 Riverside Drive Houston TX 77004 was recently sold. It is a 0.74 Acre(s) Lot, in Riverside Terrace Sec 05.