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$499,000

1939 Hopper Road, Houston, TX, 77093

On MarketInfo
CommercialInfo
Baths0 Bath
Baths5,128 Sq Ft
price_per_sqft$97.31 / sqft
Year BuiltBuilt in 1980

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size18,844 sqft

Building Information

Year Built1980

Land Information

APN1415450010001
Land UseResidential
Legal DescriptionRES A BLK 1 MARTINEZ MANOR
Census Tract221800
Assessed Land Value$226,128
Assessed Improvement Value$150,087
Assessment Year2025

About this property

Warehouse & Extra Building-Value Add 2 Units Warehouse Size 3,200sf with Metal Construction SFH/Office Size 1,928sf with Stone Construction Lot 18,884sf Fenced with Plenty of Space for add ons or parking Built 1980 Single Dwelling (2 bed & 1 Bath + Storage space + Central AC) No HOA 15 Mins from Downtown, 10 Mins from IAH & 5 from Keith Weiss Park Metered for Water and Electricity Roof: Metal for Warehouse and Composition for the Dwelling Potential ARV: $670K to $750K Depending on Investor’s strategy

Investor Tools

$155,454Estimated Mortgage Balance
$344,546Estimated Equity
68% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,000 /month
Positive
Cash Flow Estimate:
$1,000 /month

Interested in this property?

Otto Muniz

Keller Williams Realty Metropolitan

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$758/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,599
$376,215
2025
$226,128
$150,087
$376,215
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,599
$376,215

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United States Small Business Admin
Sba Participation Trust Deed
$187,900
No
First
Dec 23, 2017
Dec 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$155,454
$344,546
68%
31%
$1,127/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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1939 Hopper Road | Property Details | No Agent List