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$430,000

230 Busch Street, Houston, TX, 77060

On MarketInfo
CommercialInfo
Beds3 Beds
Baths7 Bath
Baths1,392 Sq Ft
Multi FamilyMulti Family
price_per_sqft$308.91 / sqft
Year BuiltBuilt in 1950

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size25,204 sqft

Building Information

Year Built1950
Garage Spaces4

Land Information

APN0710550030138
Lot Number138,139
SubdivisionNorthfield Place
Land UseResidential
Legal DescriptionLTS 138 & 139 BLK 3 NORTHFIELD PLACE
Census Tract222402
Assessed Land Value$126,000
Assessed Improvement Value$84,598
Assessment Year2025

About this property

Discover a truly unique investment opportunity with this exceptional four-property estate! Imagine living mortgage-free, or with significantly reduced payments, thanks to the robust income generated by the three additional homes on the property. Enjoy reliable utilities with two private water wells and six septic systems, ensuring excellent water pressure and independence. Each residence also benefits from separate electric meters. The main home is a beautifully remodeled 3-bedroom, 2-bathroom oasis, meticulously maintained and ready for move-in. Its prime location offers effortless access to major highways, connecting you quickly to all that Houston has to offer.

Investor Tools

$24,267Estimated Mortgage Balance
$232,733Estimated Equity
90% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,580 /month
Positive
Cash Flow Estimate:
$860 /month

Interested in this property?

Raul Quintanilla

Jose Garza Agency

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$191/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,008
$210,598
2025
$126,000
$84,598
$210,598
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,008
$210,598

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New Century Mortgage Corp
Unknown
$57,000
No
First
Mar 4, 2005
Apr 2015

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$24,267
$232,733
90%
9%
$342/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$342/mo
+$965/mo
6.1%

City: Houston

230 Busch Street | Property Details | No Agent List