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Days43Days on Market
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$1,900,000

7410 Lindencrest Street, Houston, TX, 77061

On MarketInfo
CommercialInfo
Baths0 Bath
Baths13,000 Sq Ft
Multi FamilyMulti Family
price_per_sqft$146.15 / sqft
Year BuiltBuilt in 1956

Highlights

Interior

Bathrooms 0Bathrooms 0
Garage AvailableGarage Available
Heating RadiantHeating Radiant
CoolingCooling

Exterior

Lot Size5,001 sqft

Building Information

Year Built1956
Garage Spaces4

Land Information

APN0600170290008
Lot Number8
SubdivisionGarden Villas
Land UseCommercial
Legal DescriptionLT 8 BLK 29 GARDEN VILLAS
Census Tract333600
Assessed Land Value$22,500
Assessed Improvement Value$319,815
Assessment Year2025

About this property

Exceptional investment opportunity in a prime Houston location featuring a well-maintained 20-unit multi-family apartment complex. Composed of multiple solid brick structures, this property offers a fantastic unit mix designed to maximize rental income and maintain high occupancy. The spacious interior layouts offer an efficient flow, bright living areas, comfortable bedrooms with ample closet space, and clean, practical finishes. Situated on an expansive 22,500 square foot lot, the exterior features manicured lawn space, clean concrete walkways, a tidy perimeter fence, and dedicated parking spaces for tenants. Strategically positioned with convenient, quick access to major Houston thoroughfares, public transit, local schools, parks, and retail centers. Perfect addition to any commercial portfolio looking for immediate cash flow and strong long-term appreciation in an established neighborhood.

Investor Tools

Property Icon
$342,315
Estimated Property Value
$0Estimated Mortgage Balance
$53,861Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,400 /month
Positive
Cash Flow Estimate:
$3,800 /month

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Erick Harbert

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$808/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,980
$342,315
2025
$22,500
$319,815
$342,315
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,980
$342,315

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lasalle Bank Na
Commercial
$525,000
No
First
Jan 17, 2006
Feb 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$288,454
$53,861
15%
84%
$3,420/mo

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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7410 Lindencrest Street | Property Details | No Agent List