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$850,000

NAL Estimated Property Value

5002 Chenevert Street, Houston, TX, 77004

$1,105,000 ARVInfo
Off MarketInfo
CommercialInfo
Beds2 Beds
Baths1 Bath
Baths4,983 Sq Ft
price_per_sqft$170.58 / sqft
Year BuiltBuilt in 1930

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
AppliancesRange, Dishwasher, Refrigerator
FlooringTile, Wood

Exterior

Exterior FeaturesPrivate Entrance

About this property

Spacious Triplex located in the heart of the Museum District that is situated on a corner lot of more than 11,000 square feet. Currently configured with 2 – 2 bedrooms 2 bathroom units and an additional 1 bedroom 1 bathroom unit located above the garage. There are endless possibilities with this property whether it be converting to an office, a single family residence, short term rentals or tearing down and building new construction. The location of this property is unmatched and is within walking distance to The Ion, Rice Universities Innovation Hub. Midtown, Downtown, the Texas Medical Center as well as all the major universities are a short distance away. Property is being sold as-is.

Investor Tools

Property Icon
$0
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$1,105,000
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
$X/month
No HOA
5.947%

Learn About the Market: Opportunity in Houston

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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.

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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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5002 Chenevert Street | Property Details | No Agent List