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$1,250,000

2809 Tooke Street, Houston, TX, 77023

On MarketInfo
Just AddedInfo
CommercialInfo
Beds14 Beds
Baths8 Bath
Baths2,336 Sq Ft
Multi FamilyMulti Family
price_per_sqft$535.1 / sqft
Year BuiltBuilt in 1950

Highlights

Interior

Bedrooms 14Bedrooms 14
Bathrooms Full 4Bathrooms Full 4
HeatingHeating
AppliancesRange, Disposal, Microwave, Refrigerator
FlooringTile, Vinyl

Exterior

Exterior FeaturesBalcony
Lot Size21,488 sqft

Building Information

Year Built1950
Stories1

Land Information

APN0521490020001
Lot Number1-3
Land UseResidential
Legal DescriptionLTS 1 2 & 3 & TR 13A BLK 2 HAUSMAN
Census Tract311800
Assessed Land Value$116,370
Assessed Improvement Value$939,611
Assessment Year2025

About this property

Centrally located INCOME PRODUCING 8 unit asset. Excellent opportunity for investors seeking CASH FLOW. The FULLY GATED (5 gates) property includes 4 units with long term leases in place and 4 short term (airbnb) rentals. Furniture, appliances and accessories shown in units A-D photos will convey with sale. New owner can easily continue with short term rentals or offer CORPORATE HOUSING. Property provides investors with a great opportunity to acquire a STABILIZED ASSET with immediate upside potential. 2 vacant lots also included with sale. One vacant lot has direct access to Griggs Rd. Great opportunity to build additional multi family homes. Easy access to IH-45 and I-610 to Houston’s central business districts and the broader metro area. Rent roll and list of upgrades in documents. Schedule your showing today!

Investor Tools

$0Estimated Mortgage Balance
$1,055,981Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,500 /month
Positive
Cash Flow Estimate:
$2,500 /month

Interested in this property?

Iliana Sanchez

NuWay Realty Group LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,843/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,838
$1,055,981
2025
$116,370
$939,611
$1,055,981
No

Tax History

Year
Tax Paid
Assessed Value
2024
$16,838
$1,055,981

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,055,981
100%
0%
$0/mo

City: Houston

2809 Tooke Street | Property Details | No Agent List