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$1,000,000

4831 Gulf Fwy # 6, Houston, TX, 77023

On MarketInfo
CommercialInfo
Beds2 Beds
Baths1 Bath
Baths11,249 Sq Ft
price_per_sqft$88.9 / sqft
Year BuiltBuilt in 1946

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available

Exterior

Lot Size6,251 sqft

Building Information

Year Built1946
Garage Spaces5

Land Information

APN0542530000008
Lot Number8
SubdivisionBroadmoor
Land UseCommercial
Legal DescriptionLT 8 BLK 17 BROADMOOR
Census Tract310600
Assessed Land Value$156,250
Assessed Improvement Value$121,259
Assessment Year2025

About this property

We are pleased to present a multi-family investment opportunity at 4831-4839 Gulf Fwy, Houston, TX. This property features 12 units across three 4-plexes with classic mid-1940s architecture. Located inside the 610 Loop near the University of Houston, the site offers convenient access to the Texas Medical Center, Hobby Airport, and downtown Houston within the evolving EADO and Eastwood neighborhoods. Property Details: - Unit Mix: (11) 1BR/1BA and (1) 2BR/1BA. - Layout: Each address includes a detached front duplex and rear garage apartments. - Parking/Storage: Each unit includes an assigned garage space or storage area. There are six individual 1-car garages located beneath the rear units. - Features: Hardwood floors throughout, separate gas and electric meters, and a shared water meter. - Condition: Two units were fully renovated following fire damage in 2024; other units have been prepared as "rent ready" as needed.

Investor Tools

$0Estimated Mortgage Balance
$277,509Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,000 /month
Positive
Cash Flow Estimate:
$2,000 /month

Interested in this property?

Elizabeth Kyser

Keller Williams Memorial

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$635/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,238
$277,509
2025
$156,250
$121,259
$277,509
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,238
$277,509

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$277,509
100%
0%
$0/mo

City: Houston