5,775 SF corner lot | Best lot value in University Areas | Close to TMC | $250,000
5,775 SF corner lot. Large trees. Best available lot in University Areas. Recently renovated neighbor. Not in flood zone. Economics: 14% annual increase in property tax values and single-family homes avg. sale price per SF. Investor demographics: Washington Terrace has 79% employed in white collar job, 39% with at least undergraduate degrees. Compared to Houston, 19% higher undergraduate degree and 22% lower owner-occupied homes. Outstanding location. Under 1 MI to Hermann Park, Museum District, TSU. Under 2 MI to Downtown, Texas Medical Center, UH Central Campus. Easy access. 0.8 MI from 288 northbound and 0.9 MI from 288 southbound. Under 1 MI to US 69. 1.5 MI to I45. 3.5 MI to I610.
Land: Size*: 0.1326 acres | 5,775 SF | .536 hectares | 536.51 m2 Frontage: 160' (55' on Ruth ST and 105' on Emancipation AVE) Depth: 105' *Acres, hectares, m2 calculations by SWPRE
Property information: Market Area: 1C, Riverside Terrace, University Areas Key Map: 493Y
Property Taxes: Paid 2018: $2,371.33 2018 taxes without exemptions: $2,31.33 Tax Rate: 2.530443 Exemptions: No
Drive Time & Radii Maps
Google Driving Maps
0.8 MI from Northbound HWY 288 at Southmore ST / Blodgett ST
Take exit toward Southmore ST/Blodgett ST 0.2 MI Merge onto Service RD 0.1 MI Continue onto Hutchins ST 0.3 M Turn right (east) on Ruth ST 0.1 MI Property on northeast corner of Ruth ST and Emancipation AVE Google Map link
0.9 MI from Southbound HWY 288 at Southmore ST / Calumet ST / Binz ST
Take exit and merge onto Service RD 0.2 MI Turn right (NE) on Wichita ST 417 feet Turn right (N) on Almeda ST 0.3 MI Turn right (SE) on Blodgett ST 0.3 mi Turn left (NE) on Emancipation AVE 358 feet Property on northeast corner of Ruth ST and Emancipation AVE Google Map link
3% Buyer Broker Commission
Only requirements for payment of 3% buyer broker commissions: Texas Broker License and submit contract that escrows, closes and funds.