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$311,168

1114 Pearson, Houston, TX, 77023

Off MarketInfo
CommercialInfo
Beds2 Beds
Baths1 Bath
Baths2,006 Sq Ft
Multi FamilyMulti Family
price_per_sqft$87.24 / sqft
Year BuiltBuilt in 1935

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size5,001 sqft

Building Information

Year Built1935
Garage Spaces2

Land Information

APN0220970000004
Lot Number4
SubdivisionKirby W A
Land UseResidential
Legal DescriptionLT 4 BLK 17 KIRBY W A
Census Tract310600
Assessed Land Value$150,000
Assessed Improvement Value$161,168
Assessment Year2025

About this property

CALLING ALL INVESTORS! Property is located in the heart of the East End Revitalization. Property includes a spacious home with a Multi Family used space in the back. Ample parking. This property offers so much potential. Don't wait on this one...call us now!

Investor Tools

Property Icon
$311,168
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,867 /month
Positive
Cash Flow Estimate:
$622 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$435/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,662
$311,168
2025
$150,000
$161,168
$311,168
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$3,662
$311,168

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cv3 Financial Services Llc
Commercial
$323,400
No
First
Nov 25, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$320,581
N/A
0%
103%
$1,939/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,939/mo
$-632/mo
5.0%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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1114 Pearson | Property Details | No Agent List