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Days82Days on Market
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$589,000

1308 Hughes Street, Houston, TX, 77023

On MarketInfo
CommercialInfo
Beds2 Beds
Baths1 Bath
Baths4,378 Sq Ft
Multi FamilyMulti Family
price_per_sqft$134.54 / sqft
Year BuiltBuilt in 1920

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
AppliancesDisposal
FlooringTile, Vinyl

Exterior

Lot Size8,433 sqft

Building Information

Year Built1920
Stories1
Garage Spaces2

Land Information

APN0121290040014
Lot Number14,15
SubdivisionDissen Heights
Land UseResidential
Legal DescriptionLTS 14 & 15 BLK 4 DISSEN HEIGHTS
Census Tract310800
Assessed Land Value$201,495
Assessed Improvement Value$55,465
Assessment Year2025

About this property

Nicely updated investment property in the developing East End Revitalized. This multi-family opportunity presents a total of 6 units and has been thoughtfully updated for easy rental maintenance. The properties available make up a combined 19,000+ sq ft of land. Units are tenant-occupied and rent rolls are available upon request.

Investor Tools

$0Estimated Mortgage Balance
$256,960Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,534 /month
Positive
Cash Flow Estimate:
$1,178 /month

Interested in this property?

Ashli Young

Compass RE Texas, LLC - Houston

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$500/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,714
$256,960
2025
$201,495
$55,465
$256,960
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,714
$256,960

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$256,960
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
6.1%

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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1308 Hughes Street | Property Details | No Agent List