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$730,000 Just Listed
Property Description
INCOME PRODUCING WHILE YOU BUILD ?? Collecting cashflow in the front while you build 2 townhouses in the back with 5000 sf lot. Rare multi-family opportunity featuring three well-maintained duplexes (6 units total) in Houston's highly desirable University Area. Each unit offers a 1-bedroom, 1-bath layout, perfectly suited for strong rental demand in this central location.Five units are currently tenant-occupied with one unit available for lease-providing immediate cash flow while you build long-term value and equity. Ideally located near Downtown Houston, University of Houston, Texas Southern University, and the Texas Medical Center, this property consistently attracts students, medical professionals, and VA. Easy access to I-69, I-45, and Hwy 288 makes getting around effortless. Low tax rate and high rental demand make this a solid investment opportunity. Drive-by only for occupied units. Please do not disturb tenants.
Full Property Details
Full Property Details for 3224 McGowen St
General
- Price: $730,000
- Taxes: $10,380 (2025)
- Status: Active
- Type: Duplex
- Source: Houston
- MLS ID: 74938557
- Updated: 6/11/2026
- Added to Site: 4 day(s) ago
Interior
- Interior Features: Ceiling Fan(s)
- Appliances: Refrigerator
- Flooring: Laminate, Tile
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Location
- Area: 4
- County: Harris
- Subdivision: Wilson Wm A
- Driving Directions: Head east on Bellaire Blvd toward the West Loop, merge onto I-610 S, and continue toward I-69 N/US-59 N. Take the exit toward McGowen St/Tuam Ave, turn right onto McGowen St, and continue straight for approximately 1.5 miles. Your new investment will be on the left!
School Information
- Elem School District: 27 - Houston
- Midd School District: 27 - Houston
- High School District: 27 - Houston
- Elementary School: BLACKSHEAR ELEMENTARY SCHOOL (HOUSTON)
- Middle School: CULLEN MIDDLE SCHOOL (HOUSTON)
- High School: YATES HIGH SCHOOL
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Window Unit(s)
- Heating Type: Central, Gas
Utilities
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Natural Gas Available, Water Available
Structural Information
- Construction: Wood Siding
- Roof: Composition
- Stories/Levels: 1
- Square Feet: 3,080
- Sq. Ft. Source: Appraiser
- Living Area: 3,080 Sq. Ft.
- Year Built: 1938
- Year Built Source: Public Records
Lot Features
- Lot Size Source: Appraiser
- Lot Features: Near Public Transit, Subdivision
Financial Considerations
- Tax Amount: $10,380
- Tax Year: 2025
- Terms: Cash, Conventional, Investor Financing
Disclosures and Reports
- Legal Description: LTS 4 & 5 BLK 23 WILSON WM A
- Legal Disclosures: Seller Disclosure
- APN: 037-233-000-0004
Listed by eXp Realty LLC (888) 519-7431, Thao Nguyen (346) 226-6699 and eXp Realty LLC (888) 519-7431, Dung Sherrill (346) 355-7788
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Schools
Schools serving 3224 McGowen St
School District:Houston Independent School District
| Name | Grades | Distance |
|---|---|---|
Blackshear Elementary School, Houston, TX 2900 Holman Street, Houston, TX 77004 | K-5 | 0.6 mi |
Cullen Middle School 6900 Scott Street, Houston, TX 77021 | 6-8 | 3 mi |
Yates High School 3650 Alabama Street, Houston, TX 77004 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3224 McGowen St
Date
Details
Price
Change
Source
6/11/2026
Listed
$730,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3224 McGowen St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,847
34%
$463,363
14%
2023
$7,323
—
$408,135
12%
2022
$7,323
-7%
$363,457
2%
2022
$7,880
21%
$357,857
28%
2021
$6,538
48%
$280,506
52%
2020
$4,425
6%
$184,410
12%
2019
$4,170
-6%
$164,410
-2%
2018
$4,436
19%
$167,674
19%
2017
$3,723
20%
$140,939
21%
2016
$3,091
—
$116,925
—
2015
$3,099
—
$116,925
11%
2015
$3,099
10%
$105,279
—
2013
$2,815
—
$105,279
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3224 McGowen St
3224 McGowen Street, Houston, TX 77004 (MLS# 74938557) is a Duplex property with 1 bedroom and 1 full bathroom. 3224 McGowen Street is currently listed for $730,000 and was received on June 11, 2026. Want to learn more about 3224 McGowen Street? Do you have questions about finding other Duplex real estate for sale in Downtown Houston? You can browse all Downtown Houston real estate or contact a Coldwell Banker agent to request more information.
