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$1,040,000

18702 Rankin Cir N, Houston, TX, 77073

On MarketInfo
CommercialInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size2.60 acres

Land Information

APN0440320010007
SubdivisionRankin Park U/R
Land UseCommercial
Legal DescriptionTRS 7B & 8 RES B1 BLK 1 STEWART RANKIN PARK SEC 3 RANKIN PARK U/R
Census Tract240707
Assessed Land Value$567,085
Assessment Year2025

About this property

Great opportunity to develop, some residential multifamily, town homes or condominium, as well s office building or warehousing, many possibilities for this strategically located site close to I-45 N and Beltway 8 and a few minutes from George Bush Airport.

Investor Tools

Property Icon
$567,085
Estimated Property Value
$380,600Estimated Mortgage Balance
$198,392Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,240 /month
Positive
Cash Flow Estimate:
$2,080 /month

Interested in this property?

Rigoberto Juarez

Global Investment Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$644/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,890
$567,085
2025
$567,085
N/A
$567,085
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,890
$567,085

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Citizens Bank & Trust Co
Commercial
$380,600
No
First
Aug 14, 2024
Aug 2029

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$368,693
$198,392
34%
65%
$2,282/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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18702 Rankin Cir N | Property Details | No Agent List