$2,601 Closing Credit¹
#21346698, Anthony McDonough, Listing Office: Keller Williams Realty Metropolitan
$10,000
closing credit¹
511 Gulf Bank Rd Unit 5 Houston, TX 77037
$1,800,000 List price
$10,000
Closing credit¹
3 beds
2 full
5,800 sqft
$310 / sqft
House
Property details
About 511 Gulf Bank Rd Unit 5
This commercial property at 511 Gulf Bank offers a fantastic opportunity for investors looking to capitalize on a current cash flow and the potential for future expansion. Situated on over 4.5 acres, this prime location is ideal for constructing a commercial building. With a price tag of $1,800,000, this multi-family property boasts multiple detached dwellings and spans across 5,800 square feet. Built in 1960, the property also offers ample space with its expansive lot size of 196,590 square feet. Don't miss out on this remarkable chance to own a profitable commercial property in a sought-after area.
Highlights
Home typeSingle Family Residence
HeatingCentral, Electric, Natural Gas, Other
StatusActive
CoolingCentral Air, Electric, Window Unit(s)
Size5,800 sqft
Year built1960
MLS #56432460
Summary
- MLS Number: 56432460
- MLS Name: HAR
- Office Name: Fathom Realty
- Office Phone: (888) 455-6040
- Office Email: brokertexas@fathomrealty.com
- Listing Agent: Rafael Perez
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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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: 2/12/2025, 5:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,800,000
511 Gulf Bank Rd Unit 5
$10,000
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
3
Carroll Elementary School
Public District 1-5
1.1 mi
•423 W Gulf Bank Rd
7
Moreno Elementary School
Public District EE-5
1.1 mi
•620 E Canino Rd
5
Barrick Elementary School
Public District EE-5
1.4 mi
•12001 Winfrey Ln
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 $53,846. Most Houston, TX residents have annual incomes between $35k-100k. The most common type of family is married, with kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
21%
<35k
62%
35k-100k
15%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
21%
Single, No Kids
19%
Single, with Kids
16%
Married, No Kids
44%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
24%
<11 yrs old
10%
12-17 yrs old
29%
18-34 yrs old
31%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
NHRA Drag Racing
Basketball
Where do the neighbors shop?
Burlington
Books-a-Million
Big Lots
Where do the neighbors go to eat?
Church's Chicken
Golden Corral
Jasons Deli
What do the neighbors drive?
Chevrolet
Toyota
Kia
What do the neighbors listen to?
Urban Adult Contemporary
Adult Hits- Adult Standards
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Houston, TX
About 511 Gulf Bank Rd Unit 5
This home is located at 511 Gulf Bank Rd Unit 5 in Houston, TX and zip code 77037. This 5,800 square foot home was built in 1960. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 20, 2023 and is currently priced at $1,800,000.
In January 2025 more than 183 listings in Houston, TX were sold above the asking price. During the same period more than 277 listings were sold at asking price, while more than 894 were sold below. In January 2025 in Houston, TX there were 20% more homes for sale than in December. The median list price of listings available in January 2025 was $320,805, while the average time on the real estate market was 51 days.
From Rocket Homes Real Estate and based on county public records data.