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$520,000

4705 A&B Pease Street, Houston, TX, 77023

$537,899 ARVInfo
On MarketInfo
Beds3 Beds
Baths2 Bath
Baths3,213 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$161.84 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Microwave, Dishwasher
FlooringTile, Vinyl

Exterior

Lot Size5,001 sqft

Building Information

Year Built1940
Garage Spaces1

Land Information

APN0640310000002
Lot Number2
SubdivisionLawnview
Land UseResidential
Legal DescriptionLT 2 LAWNVIEW
Census Tract310300
Assessed Land Value$150,000
Assessed Improvement Value$136,533
Assessment Year2025

About this property

Turnkey, income-producing multi-family in a prime Houston location! 4705 Pease St is a perfect opportunity for a house hacker—live in one unit & rent out the remaining units—or an investor seeking strong cash flow & short-term rental upside w/ Houston set to host the 2026 World Cup. The property features 2 bed/2 bath main home + a detached 2-story building with 2 income-generating units: upstairs 2 bed/2 bath & downstairs 1 bed/1 bath. All units are renovated & rent-ready, allowing for immediate income from day one. Upgrades include new roof, siding, windows, flooring, sheetrock, paint, modern kitchens, updated bathrooms, breaker boxes, PEX plumbing, insulation, mini splits, lighting, exterior paint, & a lifetime warranty foundation. Located minutes from Downtown Houston, major attractions, & Hobby Airport, this high-demand property offers excellent long & short-term rental potential, with the 2026 World Cup driving rental demand. All furniture & appliances are included w/ purchase.

Investor Tools

Property Icon
$515,000
Estimated Property Value
$0Estimated Mortgage Balance
$515,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$537,898
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,120 /month
Positive
Cash Flow Estimate:
$1,040 /month

Interested in this property?

Luke Hurtado

Nan & Company Properties - Corporate Office (Heights)

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$580/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,383
$286,533
2025
$150,000
$136,533
$286,533
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,383
$286,533

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$515,000
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
3.0%

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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4705 A&B Pease Street | Property Details | No Agent List