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Owner Contacts

$850,000

NAL Estimated Property Value

4808 Michaux St, Houston, TX, 77009

Off Market

Commercial

3 Beds

1 Bath

2,100 Sq Ft

Multi Family

$233.29 / sqft

Built in 1928

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Garage Available

Heating Central

Cooling

AppliancesDisposal, Refrigerator

FlooringTile, Wood

Exterior

Lot Size7,100 sqft

Building Information

Year Built1928

Stories1

Garage Spaces4

Land Information

APN0400420000003

SubdivisionRoss & Masterson U/R

Land UseResidential

Legal DescriptionTR 2A ROSS & MASTERSON U/R ABST 1 J AUSTIN

Census Tract511400

Assessed Land Value$532,500

Assessed Improvement Value$181,947

Assessment Year2025

About this property

5/3 multi-family home is perfect for owner who wants to live in one part but rent out the other spaces or Airbnb the other living spaces. Home comes w/ well over $168K of improvements (full list of upgrades attached). Original built 1928 home doubled in size in 2013 addition. Lots of income possibilities or multi-generational family opportunities. Great multi-generational multi-family home in Heights, w/ 3 different living spaces: front house - 1 BR/1 BA w/ full kitchen; back house - 3 BR/1 BA w/ full kitchen; & guesthouse w/ full bath & storage built-ins! Home is built like a protected fortress with tall fence surrounding the entire property, yet a beautiful garden of Eden lies within, great outdoor space, complete w/ 3 car porte cochere inside. Things to appreciate: House interior & exterior fence repainted recently. Installed new lighting/outdoor ceiling fans. Oversized Kitchens, Large deck in back w/ picnic table /storage shed!

Investor Tools

$850,000

Estimated Property Value

$359,916Estimated Mortgage Balance

$490,084Estimated Equity

50% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$5,100 /month

Positive

Cash Flow Estimate:

$1,700 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,566/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$14,538

$714,447

2025

$532,500

$181,947

$714,447

Tax History

Year

Tax Paid

Assessed Value

2024

$14,538

$714,447

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

United Wholesale Mortgage

Conventional

$391,920

First

Jan 28, 2022

Feb 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$359,916

$367,084

50%

42%

$2,350/mo

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