See Home Value
$125,000 Last Listed Price
Land - Off Market

505 Kelley Street

Houston, TX 77009
bedrooms
Studio
bathrooms
0 Bath
$143,055
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

This spacious 5,300 square foot lot in Lindale Park is the perfect site for future new construction. The sale of the lot includes a full set of professionally engineered plans that have already been submitted to the City of Houston for a two-story, 3,082 square foot home with five bedrooms, two full bathrooms, and two half bathrooms plus a game room. There is an existing concrete driveway and automatic driveway gate on the property. The neighborhood is growing rapidly and there is a good mix of renovated historic homes and new construction. This unbeatable location is just a stone's throw from the Heights and minutes from Downtown. With wide streets, it's an extremely walkable community in close proximity to major highways and numerous popular Houston bars, restaurants, and shopping. Do not miss the rare chance to snag this prime investment opportunity!
Unit Size
-
Days on Market
14 days
Land Size
-
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
2022
Last updated: 4 months ago (HAR #50630761)

Price History

Date / Event Date Event Price
Aug 31, 2021 Sold $116,000 - $140,000
Sold
Aug 17, 2021 Listed by Compass RE Texas, LLC $125,000
Listed by Compass RE Texas, LLC
Oct 21, 2020 Sold $340,000 - $414,000
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 2022
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 17
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Combination
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 440
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 5,300
  • Total Building Area: 3,480
  • Gross Building Area: 3,480
  • Building Area: 3,480
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,480
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LINDALE PARK SEC 1
  • Land Acres: 0.122
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Single family residential
  • Legal Description 1: LT 27 BLK 2 LINDALE PARK SEC 1

Ownership

  • Current Owner : GERLACH LORI
  • Previous Owner : ASHBURY CONSTRUCTION COMPANY INC
  • Owner Before Previous Owner: HARKOR HOMES LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • Census Tract: 210500

Geography

  • Assessors Map Reference: 5459A
  • Account Number: 0660630020026
  • Parcel: 066-063-002-0026
  • Block: 2
  • Lot: 27
  • Municipality: CITY OF HOUSTON
  • Latitude: 29.8133
  • Longitude: -95.3645

    Address

  • Full Address: 505 Kelley St
  • Address - House Number: 505
  • Address - Street Name: Kelley
  • Address - Suffix Type: St
  • State: TX
  • City Name: Houston
  • Zip Code: 77009

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,867
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 061

    Appraisal Valuation

  • Standard Deviation: 0.1685
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 854,322
  • High Value: 998,336
  • Low Value: 710,309

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $350,000
  • First Open Lien Mortgage Lender: AMERICAN HERITAGE LENDING, LLC
  • First Open Lien Mortgage Recording Date: Dec 08, 2023
  • First Open Lien Mortgage Loan Amount: $350,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2054

    Market Valuation

  • Market Total Value: $589,000
  • Market Land Value: $129,394
  • Market Improvement Value: $459,606

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $589,000
  • Assessed Land Value: $129,394
  • Assessed Improvements Value: $459,606

    Sales

  • Current Sale Contract Date: Jul 23, 2021
  • Current Sale Recording Date: Jul 26, 2021
  • Current Sale Transaction ID: 11843887336
  • Current Sale Price: $446,200
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 2021-420780
  • Previous Sale Recording Date: Oct 21, 2020
  • Previous Sale Contract Date: Oct 14, 2020
  • Previous Sale Amount: $377,100
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SECURE FINANCIAL SERVICES INC
  • First Mortgage Transaction Date: Jul 26, 2021
  • First Mortgage Loan Amount: $356,960
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: BOOMERANG FINANCE SUB REIT LLC
  • Previous Mortgage Transaction Date: Oct 21, 2020
  • Previous Mortgage Loan Amount: $301,665
  • Previous Mortgage Term: 6
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: May 01, 2021



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Land
Loft
-
-
$155,000 Jun 14, 2023
$140,000 - $170,000 Jul 28, 2023
$141/mo
House
Stu
-
525 ft²
$120,000 Mar 9, 2023
$108,000 - $132,000 Jul 6, 2023
$162/mo
House
2 Beds
1 Bath
910 ft²
$145,000 Nov 15, 2019
$131,000 - $159,000 Jan 14, 2022
$187/mo
House
2 Beds
1 Bath
780 ft²
$150,000 Aug 9, 2021
$135,000 - $165,000 Aug 31, 2021
$116/mo
Land
Loft
-
-
$119,543 Feb 10, 2023
-
$145/mo
Land
Loft
-
-
$110,000 Sep 26, 2022
-
$73/mo
Land
Loft
-
-
$110,000 Mar 31, 2023
-
$171/mo
Land
Loft
-
-
$105,999 Dec 9, 2023
-
$168/mo
Land
Loft
-
-
$150,000 Nov 17, 2023
-
$142/mo

About Central Houston


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Frequently Asked Questions

When was property at 505 Kelley Street built and last sold?
The property at 505 Kelley Street was built in 2022 and last sold on Jul 23, 2021 for $446,200.
How much is this home worth?
The estimated value of the home located at 505 Kelley Street is $126,250.
What are some comparable homes to 505 Kelley Street?
There are currently no comparable homes to 505 Kelley Street.

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