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$270,310

615 Kernohan St, Crosby, TX, 77532

$351,403 ARVInfo
Off MarketInfo
CommercialInfo
Beds2 Beds
Baths1 Bath
Baths3,207 Sq Ft
Multi FamilyMulti Family
price_per_sqft$93.26 / sqft
Year BuiltBuilt in 1930

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating RadiantHeating Radiant
AppliancesRange, Refrigerator
FlooringCarpet, Vinyl, Wood, Hardwood

Exterior

Lot Size16,501 sqft

Building Information

Year Built1930
Garage Spaces5

Land Information

APN0082120000015
Lot Number15-17
SubdivisionBurris
Land UseCommercial
Legal DescriptionLTS 16 & 17 & E 1/2 OF LT 15 BLK 14 BURRIS SEC 1
Census Tract252700
Assessed Land Value$74,250
Assessed Improvement Value$196,060
Assessment Year2025

About this property

This is the investment opportunity you've been looking for! This is a Fourplex with three 1-bedroom apartments and one 2-bedroom apartment. All 4 apartments have been updated and remodeled. Brand new roof (this will save you on your insurance big time!!) and recent vinyl siding. Located in the historic part of Crosby, it has adorable charm, inside and out. These apartments have always been in high demand and very rarely have a vacancy. Three of the four units have a washer and dryer. Photos are of one of the 1-bedroom units but all units are available to view. Schedule your showing today!

Investor Tools

Property Icon
$270,310
Estimated Property Value
$239,280Estimated Mortgage Balance
$32,067Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$351,403
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,795 /month
Positive
Cash Flow Estimate:
$598 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$237/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,488
$270,310
2025
$74,250
$196,060
$270,310
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,488
$270,310

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New American Funding
Unknown
$239,280
No
First
Feb 13, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$238,243
$32,067
11%
88%
$1,435/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Crosby

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