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$425,000

NAL Estimated Property Value

513, 515, 517 E 4th Street, Houston, TX, 77007

Off MarketInfo

About this property

Rare oversized NON-historic lot opportunity in prime close-in Heights. One of the last opportunities to build multiple residential homes on lots this size in area. This listing is for the sale of a 6,600 SF parcel of land subdivided to THREE lot sizes (2,640 SF, 2,178 SF & 1,782 SF). It can be re-platted to one 6,600 SF lot and has no historic restrictions per the Houston Planning Dept. Corner lot w/alley access allow for creative and first floor living plans. Corner lot w/alley access allow for creative and first floor living plans. Full architectural plans available if desired, that includes one home with 3-car garage. Cleared & ready for building, just apply for permit. Quality residential development nearby as well as exciting new commercial development. Stone's throw from White Oak, Bayou Greenway, and Heights hike and bike trail. Zoned to coveted Harvard Elementary. Please verify all information above. Parcel includes 513, 515, 517 E 4th. VIEW VIRTUAL TOUR LINK.

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$425,000
Estimated Property Value
$0Estimated Mortgage Balance
$425,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month

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Financing Details

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

City: Houston

513, 515, 517 E 4th Street | Property Details | No Agent List