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Days116Days on Market
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$389,000

7413 Dallas Street, Houston, TX, 77011

On MarketInfo
CommercialInfo
Beds2 Beds
Baths1 Bath
Baths1,014 Sq Ft
Multi FamilyMulti Family
price_per_sqft$383.63 / sqft
Year BuiltBuilt in 1938

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
FlooringCarpet

Exterior

Lot Size4,678 sqft

Building Information

Year Built1938
Garage Spaces3

Land Information

APN0630890080009
Lot Number9
SubdivisionEast Park
Land UseResidential
Legal DescriptionLT 9 BLK 8 EAST PARK
Census Tract310900
Assessed Land Value$63,882
Assessed Improvement Value$212,000
Assessment Year2025

About this property

Welcome to this East End tri-plex, ideally located within walking distance to Mason Park! This unique property features a charming front bungalow plus two garage apartments, offering flexible living or income-producing potential. The bungalow is a cozy 2-bedroom, 1-bath home with an open-concept layout. Both bedrooms are generously sized, and the bathroom has been refreshed for everyday comfort. Enjoy a private fenced yard—perfect for relaxing or entertaining—as well as the convenience of an in-home laundry room. Above the garage, you’ll find two additional apartment units: one 2-bedroom and one 1-bedroom, creating excellent rental flexibility. A long-term tenant occupies the 1-bedroom unit. The other units are vacant. Water is included in rent; tenants are responsible only for electricity and cable/internet. Located just minutes from Downtown Houston, the University of Houston has quick access to I-10, I-45, and Hwy 59.

Investor Tools

$185,909Estimated Mortgage Balance
$199,091Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,334 /month
Positive
Cash Flow Estimate:
$778 /month

Interested in this property?

Laura Miranda

Compass RE Texas, LLC - The Heights

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$641/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,772
$275,882
2025
$63,882
$212,000
$275,882
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,772
$275,882

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loan Funder Llc Series 23648
Commercial
$204,750
No
First
Aug 6, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$185,909
$199,091
51%
48%
$1,228/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,228/mo
+$79/mo
4.1%

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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7413 Dallas Street | Property Details | No Agent List