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$1,200,000

7528 Gainesville St, Houston, TX, 77020

Under ContractInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths12,540 Sq Ft
Multi FamilyMulti Family
price_per_sqft$95.69 / sqft
Year BuiltBuilt in 1950

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Heating RadiantHeating Radiant

Exterior

Lot Size4,500 sqft

Building Information

Year Built1950
Stories1

Land Information

APN0180780000014
Lot Number14,15
SubdivisionHouston Harbor
Land UseCommercial
Legal DescriptionLTS 14 & 15 BLK 16 HOUSTON HARBOR
Census Tract211900
Assessed Land Value$76,500
Assessed Improvement Value$130,269
Assessment Year2025

About this property

Mixed-Use Opportunity!This versatile property features 12,540 sq ft of mixed-use space on a 24,500 sq ft lot (just over 0.56 acres). Currently operating as a diesel mechanic shop, it includes 9,240 sq ft of warehouse space, 3,300 sqft of office and additional shop spaces, with two office areas - perfect for industrial, auto, or service-based businesses. But that’s not all—this property also includes two spacious residential apartments! Each unit offers 2 bedrooms, a bathroom, kitchen, living room, and flexible space for home office or extra storage. Whether you're looking to work where you live, house your team on-site, or earn additional rental income, this property is packed with potential!

Investor Tools

$0Estimated Mortgage Balance
$206,769Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,200 /month
Positive
Cash Flow Estimate:
$2,400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$439/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,228
$206,769
2025
$76,500
$130,269
$206,769
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,228
$206,769

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$206,769
100%
0%
$0/mo

City: Houston