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$566,931

NAL Estimated Property Value

2008 Fletcher Street, Houston, TX, 77009

Off MarketInfo
CommercialInfo
Baths2 Bath
Baths7,224 Sq Ft
price_per_sqft$138.43 / sqft
Year BuiltBuilt in 1928

Highlights

Interior

Bathrooms 2Bathrooms 2
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling

Exterior

Lot Size4,500 sqft

Building Information

Year Built1928

Land Information

APN0032160000013
Lot Number13
SubdivisionAllen A C
Land UseCommercial
Legal DescriptionLT 13 BLK 52 ALLEN A C
Census Tract212300
Assessed Land Value$146,250
Assessed Improvement Value$420,681
Assessment Year2025

About this property

11 Unit Apartment complex. 8 one-bedroom units, 1 two-bedroom unit, 2 studio units. Located in a prime area for growth and development. In downtown Houston Minutes from 45, I-10.

Investor Tools

Property Icon
$566,931
Estimated Property Value
$872,093Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,000 /month
Positive
Cash Flow Estimate:
$2,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,322/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,031
$566,931
2025
$146,250
$420,681
$566,931
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,031
$566,931

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jet Lending Llc
Purchase Money Mortgage
$896,000
No
First
Nov 18, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$872,093
N/A
0%
154%
$5,372/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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