New - 4 days on Rocket
$4,263 Closing Credit¹
#73637938, Gretchen Barrilleaux, Listing Office: Coldwell Banker Realty - Katy
$4,738
closing credit¹
116 Frawley St Houston, TX 77009
$399,000 List price
$4,738
Closing credit¹
2 beds
1 full
2,643 sqft
$151 / sqft
Multi-Family
Property details
About 116 Frawley St
Excellent investment opportunity, combining both a single-family home and three separate rental units. Main Home: 2 beds / 1 bath, currently rents for $1,250/month. Apartments: Three 1 bed / 1 bath units, each rented separately. Total Rental Income is $3,950/month main home & all three units combined Electric Separate meters for the main house and garage apartments. Tenants of the main home pay their own electricity, while the owner covers utilities for the garage apartments. The area is currently undergoing gentrification, with increasing property values, new construction, and charming homes being built in every direction.This property is close to major highways (I-45, 610, I-10, Hardy) & within walking distance of White Oak Music Hall, providing convenient access to entertainment. This property could be a solid long-term investment with existing cash flow & potential upside in utility bill backs, plus the added benefit of being in an appreciating neighborhood. 24hr Notice required.
Highlights
Home typeTriplex
HeatingCentral, Natural Gas
StatusActive
CoolingCentral Air, Electric
Size2,643 sqft
Year built1935
ParkingElectric Gate
MLS #33059177
Summary
- MLS Number: 33059177
- MLS Name: HAR
- Office Name: Brombacher & Co.
- Office Phone: (832) 656-1932
- Office Email: mike@bromandco.com
- Listing Agent: Sheryl Davis
Disclaimer: 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”.
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Last updated on: 2/7/2025, 11:55:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$399,000
116 Frawley St
$4,738
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $347,277 | $7,242 |
| 2023 | $359,457 | $5,122 |
| 2022 | $258,683 | $5,695 |
| 2021 | $238,459 | $5,122 |
| 2020 | $213,478 | $4,116 |
| 2018 | $154,523 | $3,910 |
History based on county public records data.
Nearby schools
6
Jefferson Elementary School
Public District EE-5
0.3 mi
•5000 Sharman St
5
Browning Elementary School
Public District EE-5
0.6 mi
•607 Northwood St
5
Looscan Elementary School
Public District EE-5
0.9 mi
•3800 Robertson St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $33,398. Most Houston, TX residents have annual incomes less than $<35k. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
53%
<35k
38%
35k-100k
8%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
47%
Single, No Kids
17%
Single, with Kids
17%
Married, No Kids
19%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
9%
12-17 yrs old
28%
18-34 yrs old
39%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
Burlington
H&M
Foot Locker
Where do the neighbors go to eat?
White Castle
Boston Market
Little Caesars
What do the neighbors drive?
Kia
Honda
Dodge
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits- Soft Adult Contemporary
All data provided by Home Junction and Claritas
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This home is located at 116 Frawley St in Houston, TX and zip code 77009 in the Central Houston neighborhood. This 2,643 square foot home was built in 1935. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 4, 2024 and is currently priced at $399,000.
Houston, TX housing market in January 2025 saw over 183 listings sold above listed price, more than 277 sold at listed price and over 894 sold below. The inventory of homes for sale in Houston, TX between December and January 2025 increased by 20%. In January 2025 median list price was $320,805 and the average listing age was 51 days.
From Rocket Homes Real Estate and based on county public records data.