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$277,000

NAL Estimated Property Value

330 Dorchester St, Houston, TX, 77022

Off MarketInfo
CommercialInfo
Beds3 Beds
Baths2 Bath
Baths1,917 Sq Ft
Multi FamilyMulti Family
price_per_sqft$146.06 / sqft
Year BuiltBuilt in 1945

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating
AppliancesRange
FlooringLaminate

Exterior

Lot Size9,252 sqft

Building Information

Year Built1945
Garage Spaces5

Land Information

APN0510530000012
Lot Number12
SubdivisionOakwood
Land UseResidential
Legal DescriptionLT 12 BLK 7 OAKWOOD
Census Tract220300
Assessed Land Value$121,125
Assessed Improvement Value$99,253
Assessment Year2025

About this property

Investment opportunity near Downtown! This multifamily property offers great potential for investors or owner-occupants looking to generate rental income. Front Unit: Features 2 bedrooms, 1 bathroom, a spacious living room, and kitchen area. The unit has laminate flooring throughout and offers solid bones with plenty of potential.Back Building has Two Additional Units: First Floor Unit featuring a living room, kitchen, and comfortable layout. Second Floor Unit: Similar size and layout as the downstairs unit, offering additional rental potential. The front unit is individually metered for gas and electricity. The two rear units share gas and electric service through a common meter. Water service is provided through one shared meter for all three units. Conveniently located near Downtown with easy access to major highways, shopping, dining, and employment centers. Perfect for investors looking to add value or expand their rental portfolio!

Investor Tools

Property Icon
$277,000
Estimated Property Value
$0Estimated Mortgage Balance
$277,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,680 /month
Positive
Cash Flow Estimate:
$560 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$485/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,434
$220,378
2025
$121,125
$99,253
$220,378
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,434
$220,378

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$277,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
5.7%

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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330 Dorchester St | Property Details | No Agent List