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$1,600,000

1820 Binz Street, Houston, TX, 77004

On MarketInfo
CommercialInfo
Beds2 Beds
Baths1 Bath
Baths9,536 Sq Ft
Multi FamilyMulti Family
price_per_sqft$167.79 / sqft
Year BuiltBuilt in 1955

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating RadiantHeating Radiant

Exterior

Lot Size16,004 sqft

Building Information

Year Built1955

Land Information

APN1400590010001
Land UseCommercial
Legal DescriptionRES A BLK 1 BINZ VILLAS
Census Tract312601
Assessed Land Value$1,280,320
Assessed Improvement Value$257,349
Assessment Year2025

About this property

Prime location — The building sits in the Museum District of Houston, just north of the Texas Medical Center. It offers very convenient access to major employment hubs, medical campuses, cultural assets (museums) and public transit. Low-density, boutique scale investment — It’s an 8-unit townhouse-style apartment community (rather than a large high-rise) which allows for more hands-on management. Large lot size for the area — The property occupies about 0.37 acres (~16,003 sq ft) in a dense, high-demand district near Medical Center + museums, lot size and flexibility provide incredible value. Townhouse style layout with desirable features — Units are two-story, 2- or 3-bedroom formats with central air, large closets, assigned parking, gated community feel. This can appeal to tenants looking for “home-style” rental living

Investor Tools

$0Estimated Mortgage Balance
$1,537,669Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,600 /month
Positive
Cash Flow Estimate:
$3,200 /month

Interested in this property?

Ryan DeGennaro

CORE Group

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,311/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$32,042
$1,537,669
2025
$1,280,320
$257,349
$1,537,669
No

Tax History

Year
Tax Paid
Assessed Value
2024
$32,042
$1,537,669

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,537,669
100%
0%
$0/mo

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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