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$230,000

7301 Brockley Lane, Houston, TX, 77087

PendingInfo
CommercialInfo
Beds3 Beds
Baths2 Bath
Baths1,728 Sq Ft
Multi FamilyMulti Family
price_per_sqft$133.1 / sqft
Year BuiltBuilt in 1953

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size7,876 sqft

Building Information

Year Built1953
Stories1
Garage Spaces2

Land Information

APN0760710070016
Lot Number16
SubdivisionGreenway Park
Land UseResidential
Legal DescriptionLT 16 BLK 7 GREENWAY PARK SEC 1
Census Tract332600
Assessed Land Value$50,663
Assessed Improvement Value$98,355
Assessment Year2025

About this property

Excellent opportunity to own a fully functional two-unit property offering both immediate income and lease-up potential. Unit A features 3 bedrooms and 2 full bathrooms and is currently vacant, listed for lease at $1,700 per month, with rent including utilities—making it highly attractive to prospective tenants. Unit B is a 1-bedroom, 1-bath unit currently leased at $1,000 per month, with utilities included, providing steady rental income from day one. Both units share utility meters, and utilities are included in the rental rates, simplifying management and enhancing tenant appeal. Whether you’re looking to expand your rental portfolio or live in one unit while leasing the other, this property presents a strong income-producing opportunity with upside potential.

Investor Tools

$99,619Estimated Mortgage Balance
$128,381Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,380 /month
Positive
Cash Flow Estimate:
$460 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$302/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,486
$149,018
2025
$50,663
$98,355
$149,018
No

Tax History

Year
Tax Paid
Assessed Value
2020
$2,486
$149,018

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Finance Of America Commercial
Purchase Money Mortgage
$115,500
No
First
Jul 24, 2019
Aug 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$99,619
$128,381
56%
44%
$693/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$693/mo
+$1,533/mo
11.7%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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7301 Brockley Lane | Property Details | No Agent List