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$850,000

NAL Estimated Property Value

2819 Berry St Apt 12, Houston, TX, 77004

$996,000 ARVInfo
Off MarketInfo
CommercialInfo
Beds2 Beds
Baths1 Bath
Baths9,226 Sq Ft
price_per_sqft$130.07 / sqft
Year BuiltBuilt in 1947

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
AppliancesDisposal, Microwave, Dishwasher, Refrigerator
FlooringVinyl Plank

Exterior

Lot Size10,289 sqft

Building Information

Year Built1947

Land Information

APN0192020030007
Lot Number7,8
SubdivisionBailey Ed
Land UseCommercial
Legal DescriptionLTS 7 & 8 BLK A BAILEY ED
Census Tract312400
Assessed Land Value$360,150
Assessed Improvement Value$489,850
Assessment Year2025

About this property

2819 Berry Street presents a turnkey multifamily investment in the heart of Houston, TX. The property is comprised of twelve two-bedroom, one-bathroom units, with seven units fully renovated and all significant repairs already completed by current ownership. With a mix of upgraded and classic units, investors have a clear opportunity to further enhance value through the continuation of renovations. The property is positioned for long-term stability, benefiting from strong tenant demand driven by its proximity to major employment centers, universities, and key transportation corridors. This asset offers an exceptional opportunity for investors seeking a stabilized property with upside potential through a proven value-add strategy, while also serving as a strong candidate for a 1031 exchange or portfolio expansion.

Investor Tools

Property Icon
$850,000
Estimated Property Value
$680,797Estimated Mortgage Balance
$169,203Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$995,999
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,200 /month
Positive
Cash Flow Estimate:
$2,400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,532/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,137
$850,000
2025
$360,150
$489,850
$850,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,137
$850,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
A+ Fcu
Credit Line (Revolving) / Heloc
$728,000
No
First
Nov 22, 2022
Nov 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$680,797
$169,203
19%
80%
$4,365/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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2819 Berry St Apt 12 | Property Details | No Agent List