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$477,000

116 Marian Street, Baytown, TX, 77520

$479,000 ARVInfo
PendingInfo
CommercialInfo
Beds6 Beds
Baths6 Bath
Baths5,352 Sq Ft
price_per_sqft$89.13 / sqft
Year BuiltBuilt in 1950

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 6Bathrooms Full 6
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesRange, Microwave, Dishwasher, Refrigerator

Exterior

Lot Size11,038 sqft

Building Information

Year Built1950

Land Information

APN0451440030130
Land UseCommercial
Legal DescriptionTR 8Q ABST 840 H WHITING
Census Tract254300
Assessed Land Value$55,195
Assessed Improvement Value$428,160
Assessment Year2025

About this property

Fantastic investment opportunity in Bay Town! This 6-unit apartment complex features updated units with appliances included. County valuation exceeds the asking price, highlighting its value. Long-term tenants, some for over four years. Ideal for oil and gas workers with prime location. Well-maintained property with on-site management, recently painted exteriors, and renovated interiors. Opportunity to convert and add two efficiency units in the existing building !! Drive-by only, do not disturb tenants. Approval required for viewing. Reach out for more details and rent rolls. Photos of Three units are attached

Investor Tools

$0Estimated Mortgage Balance
$483,355Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$479,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,900 /month
Positive
Cash Flow Estimate:
$967 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$510/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,704
$483,355
2025
$55,195
$428,160
$483,355
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,704
$483,355

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$483,355
100%
0%
$0/mo

City: Baytown

116 Marian Street | Property Details | No Agent List