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$500,000 Just Listed
Property Description
INSTANT EQUITY! Priced significantly below market value being sold AS IS rental ready. A great investment property located near Hobby Airport which includes a total of three homes. Main home consists of 5 bedrooms and 2 bathrooms with a total of 2172 sq ft. Current rent income for the main home is $2,775 per month. Second home is a 2bed/1bath with a loft approximately 800 sq ft. Rental income for the second unit is $1100. Third home a 1bed/1bath approximately 700 sq ft. Rental income for the third unit is $1,150. Homes sit right under 1 acre (40,000 sq ft). Property may also be used as commercial and there are NO RESTRICTIONS. There is much more room on the property to BUILD MORE UNITS for long-term rental or for Airbnb or even RV hook-ups. All units are fully occupied. Please do not disturb tenants.
Full Property Details
Full Property Details for 7338 Fauna St
General
- Price: $500,000
- Taxes: $10,317 (2024)
- Status: Active
- Type: Multi-Family
- Source: Houston
- MLS ID: 82753729
- Updated: 6/14/2026
- Added to Site: 1 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Location
- Area: 3
- County: Harris
- Subdivision: Robinhood Poultry Farms
- Driving Directions: From I-45 South, use the 2nd from the right lane to take exit 40C toward I-610/Pearland/Alvin for 0.1mile. Keep left to continue on TX-35 S for 2.9 miles. Then turn right onto Fauna St for 0.2 miles. Destination will on the left.
School Information
- Elem School District: 27 - Houston
- Midd School District: 27 - Houston
- High School District: 27 - Houston
- Elementary School: GARDEN VILLAS ELEMENTARY SCHOOL
- Middle School: HARTMAN MIDDLE SCHOOL
- High School: STERLING HIGH SCHOOL (HOUSTON)
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Window Unit(s)
- Heating Type: Space Heater, Wall Furnace
Structural Information
- Roof: Composition
- Stories/Levels: 2
- Square Feet: 3,672
- Sq. Ft. Source: Owner
- Living Area: 3,672 Sq. Ft.
- Year Built: 1932
- Year Built Source: Public Records
Lot Features
- Lot Size Source: Appraiser
Financial Considerations
- Tax Amount: $10,317
- Tax Year: 2024
Disclosures and Reports
- Legal Description: LTS 9 & 10 BLK 1 ROBINHOOD POULTRY FARMS
- Legal Disclosures: Owner Is Listing Agent, Seller Disclosure
- APN: 064-051-000-0009
Listed by ABSOLUTE Realty Group Inc. (832) 850-6541, Donny Luong (281) 772-4076
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Schools
Schools serving 7338 Fauna St
School District:Houston Independent School District
| Name | Grades | Distance |
|---|---|---|
Garden Villas Elementary School 7185 Santa Fe Drive, Houston, TX 77061 | K-5 | 0.8 mi |
Hartman Middle School 7111 Westover Street, Houston, TX 77087 | 6-8 | 1.4 mi |
Sterling High School, Houston, TX 11625 Martindale Road, Houston, TX 77048 | 9-12 | 2.3 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 7338 Fauna St
Date
Details
Price
Change
Source
6/14/2026
Listed
$500,000
—
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 7338 Fauna St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,939
40%
$514,717
6%
2023
$7,812
—
$485,753
25%
2022
$7,812
1%
$387,721
11%
2022
$7,721
13%
$350,632
19%
2021
$6,862
124%
$294,442
44%
2020
$3,063
-35%
$204,874
12%
2019
$4,684
22%
$182,134
27%
2018
$3,852
46%
$143,712
37%
2017
$2,642
-6%
$104,576
—
2016
$2,801
-40%
$104,576
—
2015
$4,674
—
$104,576
8%
2015
$4,674
88%
$97,209
—
2013
$2,488
—
$97,209
—
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 7338 Fauna St
7338 Fauna Street, Houston, TX 77061 (MLS# 82753729) is a Multi-Family property with 3 units containing 8 bedrooms and 4 full bathrooms. 7338 Fauna Street is currently listed for $500,000 and was received on June 14, 2026. Want to learn more about 7338 Fauna Street? Do you have questions about finding other Multi-Family 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.
