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Owner Contacts

$360,000

7200 W T C Jester Boulevard 41, Houston, TX, 77088

Pending

Commercial

7 Beds

6 Bath

5,017 Sq Ft

Multi Family

$71.76 / sqft

Built in 1983

Highlights

Interior

Bedrooms 7

Bathrooms 6

AppliancesDishwasher

FlooringTile, Vinyl

About this property

Rare FULLY RENTED 4-plex investment opportunity in a convenient Houston location w/ proven profitable rental history & strong unit variety! This income-producing property offers no known foundation issues, PEX piping, granite counters in all units, tile flooring in downstairs units & vinyl flooring upstairs. The property features 2 newer AC units, 2 older AC units that are currently working, 2 new water heaters & only one unit needing some kitchen cabinet repair. Smart unit mix includes Units A & B w/ 1 bed/1 bath layouts at approx. 762-769 SF, Unit C w/ 2 beds/2 baths at approx. 1,025 SF & Unit D w/ 3 beds/2 baths at approx. 1,179 SF. Current rent notes show 1/1 at $930 each, 2/2 at $1,150 & 3/2 at $1,270, adding immediate cash-flow appeal. Great location near schools, shopping, dining, parks, everyday essentials & major Houston routes. A rare chance to expand your portfolio w/ a fully occupied multi-unit property offering proven rental performance & long-term upside!

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Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,160 /month

Positive

Cash Flow Estimate:

$720 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$X/month

$745/month

5.947%

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