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$1,050,000

NAL Estimated Property Value

2021 Southgate Boulevard, Houston, TX, 77030

$1,060,388 ARVInfo
Off MarketInfo
CommercialInfo
Beds1 Beds
Baths1 Bath
Baths7,300 Sq Ft
Multi FamilyMulti Family
price_per_sqft$189.73 / sqft
Year BuiltBuilt in 1955

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating RadiantHeating Radiant
AppliancesRange, Disposal, Microwave, Dishwasher, Refrigerator
FlooringCarpet, Wood, Hardwood

Exterior

Lot Size8,050 sqft

Building Information

Year Built1955
Stories2
Garage Spaces2

Land Information

APN0641010230015
Lot Number16
SubdivisionSouthgate
Land UseCommercial
Legal DescriptionLT 16 & TR 15 BLK 23 SOUTHGATE SEC 2
Census Tract412201
Assessed Land Value$885,500
Assessed Improvement Value$164,500
Assessment Year2025

About this property

This well-maintained Texas Sandstone 8 unit multifamily property is just 2 blocks from Texas Medical Center and the light rail and 3 from Rice University on Houston's premier tree-lined street. Features multiple well-maintained units including an oversized owner's suite. Updated kitchens with faux granite counters, hardwood floors, custom storage solutions. Eight total parking spaces (6 covered). Strong rental demand in prestigious location. Perfect for owner-occupancy or investment portfolio. Move-in ready with excellent tenant appeal and commanding rental rates.

Investor Tools

Property Icon
$1,050,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,050,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,060,387
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,310 /month
Positive
Cash Flow Estimate:
$2,770 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,300/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$22,346
$1,050,000
2025
$885,500
$164,500
$1,050,000
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$22,346
$1,050,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,050,000
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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2021 Southgate Boulevard | Property Details | No Agent List