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$531,000

NAL Estimated Property Value

3232 Berry St, Houston, TX, 77004

Off MarketInfo
CommercialInfo
Beds2 Beds
Baths1 Bath
Baths2,280 Sq Ft
Multi FamilyMulti Family
price_per_sqft$214.91 / sqft
Year BuiltBuilt in 1965

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 3Bathrooms Full 3
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave

Exterior

Lot Size3,999 sqft

Building Information

Year Built1965
Stories1

Land Information

APN0530270000006
Lot Number6
SubdivisionForest Home
Land UseResidential
Legal DescriptionLT 6 BLK 15 FOREST HOME
Census Tract312400
Assessed Land Value$136,000
Assessed Improvement Value$198,684
Assessment Year2025

About this property

This remodeled triplex offers an exceptional investment opportunity with three 2-bedroom, 1-bathroom units, each featuring a spacious living room, a kitchen with a gas range and refrigerator, and washer/dryer connections. Conveniently located just 3 minutes from the University of Houston and Texas Southern University, 8 minutes from downtown, and with easy access to highways 59, 288, and 45, this property is situated in a high-demand area experiencing active gentrification. The neighborhood boasts new developments, including three recent builds on the same street. The property’s gated yard adds security and appeal, and units rent quickly, typically within a week. With two washer and dryer sets included and proximity to the Texas Medical Center, this triplex offers excellent cash flow potential. Don’t miss your chance to own an income-producing property in this thriving location!

Investor Tools

Property Icon
$531,000
Estimated Property Value
$362,823Estimated Mortgage Balance
$168,177Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,186 /month
Positive
Cash Flow Estimate:
$1,062 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$686/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,578
$334,684
2025
$136,000
$198,684
$334,684
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,578
$334,684

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jahmier Brown
Assumption
$376,348
Yes
First
May 1, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$362,823
$97,177
21%
68%
$2,257/mo

City: Houston

3232 Berry St | Property Details | No Agent List