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$206,658

231 Theron St, Houston, TX, 77022

Off MarketInfo
CommercialInfo
Beds2 Beds
Baths2 Bath
Baths1,061 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$149.86 / sqft
Year BuiltBuilt in 1940

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1.5Bathrooms 1.5

Exterior

Lot Size9,169 sqft

Building Information

Year Built1940

Land Information

APN0680550000023
Lot Number23
SubdivisionGrayson Court
Land UseCommercial
Legal DescriptionLT 23 GRAYSON COURT
Census Tract220500
Assessed Land Value$91,700
Assessed Improvement Value$114,958
Assessment Year2025

About this property

This is your chance to own a residential / commercial location right off of I-45. This home is also attached to the large shop area on the right side of the property. Sign does not come with sale of home. Schedule your appointment today.

Investor Tools

Property Icon
$206,658
Estimated Property Value
$0Estimated Mortgage Balance
$206,658Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,240 /month
Positive
Cash Flow Estimate:
$413 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$346/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,123
$206,658
2025
$91,700
$114,958
$206,658
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,123
$206,658

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$206,658
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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231 Theron St | Property Details | No Agent List