$350,000
726 Mcdaniel Street, Houston, TX, 77022
On Market
Commercial
Highlights
Interior
Exterior
Lot Size11,700 sqft
Building Information
Year Built1950
Stories2
Garage Spaces1
Land Information
APN0651060080017
Lot Number17
SubdivisionStratton Place
Land UseResidential
Legal DescriptionLT 17 BLK 8 STRATTON PLACE
Census Tract220400
Assessed Land Value$126,920
Assessed Improvement Value$72,832
Assessment Year2025
About this property
Fully Leased Multiunit. Prime investment opportunity on 11,700 sq ft of land in a high-demand rental area! This income-producing triplex features three leased units (Three 2/1s), a recent roof replacement, and multiple improvements already completed by the owner. Strategic location near I-45, I-610, and the Hardy Toll Road supports strong tenant retention and long-term appreciation. Sold As-Is. All units are tenant-occupied—cash flow from day one. live on one and lease the other 2 units. Land is big enough to build a few new homes.
Investor Tools
$223,496Estimated Mortgage Balance
$137,504Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,166 /month
Positive
Cash Flow Estimate:
$722 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$478/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,934
$199,752
2025
$126,920
$72,832
$199,752
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,934
$199,752
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Zero Point Mortgage Services
Conventional
$227,850
No
First
May 20, 2025
Jun 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$223,496
$137,504
38%
62%
$1,367/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,367/mo
$-60/mo
4.3%
