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$434,480

NAL Estimated Property Value

120 Clark St, Prairie View, TX, 77445

Off MarketInfo
CommercialInfo
Beds2 Beds
Baths3 Bath
Baths5,728 Sq Ft
Multi FamilyMulti Family
price_per_sqft$106.49 / sqft
Year BuiltBuilt in 2009

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
AppliancesRange, Disposal, Microwave, Dishwasher, Refrigerator
FlooringCarpet, Tile

Exterior

Lot Size1.02 acres

Building Information

Year Built2009

Land Information

APN431000-016-000-000
Lot NumberP
SubdivisionClark
Land UseResidential
Legal DescriptionS431000 CLARK LOT P ACRES 1.0165
Census Tract680301
Assessed Land Value$116,680
Assessed Improvement Value$317,800
Assessment Year2025

About this property

GREAT INVESTMENT OPPORTUNITY IN PERFECT LOCATION! This gorgeous Townhouse complex has 5 units with 10 bedrooms on 1 acre less that a mile from Prairie View A&M University. There is enough room on the property to build 2 addition buildings with 5 units in each and plenty of parking for all (Blueprints available). Well maintained property with automatic gated entry for security. All appliances included. Each unit has 2 bedrooms, 2 full baths & a half bath, open concept living/dining area, electric panel in each unit, tile downstairs & carpet in each bedroom upstairs. Property has never flooded & no flood plain.

Investor Tools

Property Icon
$434,480
Estimated Property Value
$369,892Estimated Mortgage Balance
$64,588Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,660 /month
Positive
Cash Flow Estimate:
$1,220 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$495/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,767
$434,480
2025
$116,680
$317,800
$434,480
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,767
$434,480

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Stellar Bank
Commercial
$413,000
No
First
Dec 10, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$369,892
$64,588
14%
85%
$2,477/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Prairie View

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120 Clark St | Property Details | No Agent List