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$547,755

NAL Estimated Property Value

704 E 22nd Street, Houston, TX, 77008

$700,838 ARVInfo
Off MarketInfo
CommercialInfo
Beds1 Beds
Baths1 Bath
Baths2,793 Sq Ft
Multi FamilyMulti Family
price_per_sqft$241.68 / sqft
Year BuiltBuilt in 1940

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 4Bathrooms Full 4
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesRange, Disposal, Refrigerator
FlooringCarpet, Tile, Wood, Hardwood

Exterior

Exterior FeaturesBalcony
Lot Size5,001 sqft

Building Information

Year Built1940
Stories2

Land Information

APN0151620000020
SubdivisionGostick
Land UseCommercial
Legal DescriptionTRS 1A & 2A BLK 6 GOSTICK
Census Tract511502
Assessed Land Value$450,000
Assessed Improvement Value$97,755
Assessment Year2025

About this property

THE PRIME LOCATION FOURPLEX APARTMENTS. An excellent and charming four-plex apartment, featuring a couple of two-bedroom apartments, one bath, two one-bedroom apartments, one bath, and a private gated front yard, is located in a four-unit apartment in the Heights area on 22nd Street. The apartments feature ample natural light, a kitchen range, a refrigerator, a spacious bathroom with a tub, and ample storage space—the gated private front yard, patio, and laundry room at the property. All units have central AC This property is ideal for individuals seeking to reside in one unit and generate rental income, as well as for investors. It offers easy access to 610 and Main.

Investor Tools

Property Icon
$547,755
Estimated Property Value
$274,238Estimated Mortgage Balance
$273,517Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$700,838
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,050 /month
Positive
Cash Flow Estimate:
$1,350 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,277/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,583
$547,755
2025
$450,000
$97,755
$547,755
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,583
$547,755

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Trn Financial Llc
Commercial
$350,000
No
First
Apr 18, 2016
May 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$274,238
$273,517
49%
50%
$2,099/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$2,099/mo
+$781/mo
6.3%

City: Houston

704 E 22nd Street | Property Details | No Agent List