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$478,770

NAL Estimated Property Value

4220 Lamar Street, Houston, TX, 77023

Off MarketInfo
CommercialInfo
Beds1 Beds
Baths1 Bath
Baths3,128 Sq Ft
price_per_sqft$140.66 / sqft
Year BuiltBuilt in 1935

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
AppliancesRange, Refrigerator
FlooringWood, Hardwood

Exterior

Lot Size5,798 sqft

Building Information

Year Built1935

Land Information

APN0550910000012
Lot Number12
SubdivisionWoodleigh
Land UseCommercial
Legal DescriptionLT 12 BLK 7 WOODLEIGH
Census Tract310300
Assessed Land Value$174,000
Assessed Improvement Value$304,770
Assessment Year2025

About this property

Great Income Producing Property situated in the much desired East End Revitalized Area. Corner location, this 4 plex comes equipped with One bedroom/One bath units with walk-in closet, large living room, large bedroom, original hardwood floors throughout, window units in living and bedroom and mini-split for heat in the bedroom. All Units have been rewired, 2 of the 4 units have been renovated throughout. Stove, Refrigerator and Ceiling Fans in all units. 100% occupied by great and long term tenants! quiet neighborhood. Minutes from Downtown, UH, Medical Center and more. Easy Access to I-45/59/610/225, Walking distance to the Metro Rail and the Metro Bus Line. Call to set up your appt today!

Investor Tools

Property Icon
$478,770
Estimated Property Value
$252,382Estimated Mortgage Balance
$226,388Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,873 /month
Positive
Cash Flow Estimate:
$958 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,019/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,829
$478,770
2025
$174,000
$304,770
$478,770
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,829
$478,770

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Pacific Mortgage Corp
Conventional
$283,500
No
First
Sep 1, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$252,382
$226,388
47%
53%
$1,700/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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4220 Lamar Street | Property Details | No Agent List