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$549,900

6706 Avenue C # 1, Houston, TX, 77011

On MarketInfo
CommercialInfo
Beds2 Beds
Baths1 Bath
Baths2,116 Sq Ft
Multi FamilyMulti Family
price_per_sqft$259.88 / sqft
Year BuiltBuilt in 1940

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size6,351 sqft

Building Information

Year Built1940

Land Information

APN0390080000019
Lot Number19,20
SubdivisionCentral Park
Land UseResidential
Legal DescriptionLTS 19 & 20 BLK 14 CENTRAL PARK
Census Tract310900
Assessed Land Value$102,150
Assessed Improvement Value$271,550
Assessment Year2025

About this property

Excellent investment opportunity in the rapidly growing East End area of Houston! This triplex features three separate income-producing units that were extensively remodeled in 2020, offering updated interiors and strong rental appeal. Excellent opportunity for house hacking or expanding your rental portfolio with a turnkey income-producing property in a growing area. Conveniently located near Downtown Houston, the University of Houston, major freeways, shopping, dining, and public transportation. Situated on a generously sized lot with ample parking and easy access to I-45, I-10, and Hwy 59. Located in a high-demand rental market with continued redevelopment and growth throughout the surrounding neighborhood, offering strong cash flow and long-term appreciation potential. *Buyer to independently verify room dimensions, unit measurements, schools, and rental information. *Listing agent has ownership interest in seller entity/property.

Investor Tools

$333,261Estimated Mortgage Balance
$40,439Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,299 /month
Positive
Cash Flow Estimate:
$1,100 /month

Interested in this property?

David Staggs

Texas Premier Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$766/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,323
$373,700
2025
$102,150
$271,550
$373,700
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,323
$373,700

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Brandon L Collins
Commercial
$357,000
No
First
Oct 7, 2022
Nov 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$333,261
$40,439
10%
89%
$2,141/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$2,141/mo
+$85/mo
7.1%

City: Houston

6706 Avenue C # 1 | Property Details | No Agent List