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$170,000

2602 East Crosstimbers Street, Houston, TX, 77093

$221,000 ARVInfo
On MarketInfo
Just AddedInfo
Baths0 Bath
Baths4,375 Sq Ft
QuadruplexQuadruplex
price_per_sqft$38.86 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Must-SellDeal ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bathrooms 0Bathrooms 0
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling

Exterior

Lot Size7,706 sqft

Building Information

Year Built1960

Land Information

APN0422300000815
SubdivisionJ T Harrell Survey Abstract 329
Land UseCommercial
Legal DescriptionTR 15B ABST 329 J T HARRELL
Census Tract220702
Assessed Land Value$134,820
Assessed Improvement Value$113,573
Assessment Year2025

About this property

VALUE-ADD MULTIFAMILY PROPERTY | MOTIVATED SELLER Currently operating as a 4-unit property (Living + Retail) with plenty of upside! • Two spacious upstairs apartments — 2 bed / 1 bath each • Studio unit • Large retail space with studio • Plenty of parking space in the front and back • Strong value-add potential — property can potentially be converted into a 5- or 6-unit multifamily property, creating an opportunity to increase equity and cash flow Strategic Location: Just 1/5 mile from Highway 59 and the Hardy Toll Road and approximately 1.5 miles from Highway 610, providing convenient access to major routes throughout the city. Motivated Seller — Bring Your Offer! A great opportunity for an investor looking for a property with value-add potential, multiple income streams, and room to increase returns.

Investor Tools

$0Estimated Mortgage Balance
$248,393Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$221,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,490 /month
Positive
Cash Flow Estimate:
$497 /month

Interested in this property?

Otto Muniz

Keller Williams Realty Metropolitan

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$461/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,285
$248,393
2025
$134,820
$113,573
$248,393
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,285
$248,393

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$248,393
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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2602 East Crosstimbers Street | Property Details | No Agent List