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$490,000

763 Fair Street, Houston, TX, 77088

On MarketInfo
Baths0 Bath
Baths2,626 Sq Ft
DuplexDuplex
price_per_sqft$186.6 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size7,200 sqft

Land Information

APN0710900430087
Lot Number87
SubdivisionLincoln City
Land UseResidential
Legal DescriptionLT 87 BLK 4 LINCOLN CITY SEC 4
Census Tract533301
Assessed Land Value$73,800
Assessment Year2025

About this property

PROPERTY IS BACK ON THE MARKET DUE TO BUYER FINANCING FALLING THROUGH! Modern new construction duplex featuring a sleek black-and-white exterior and clean architectural lines. Now complete and ready for its new owner, each unit offers a two-story layout with an open-concept design, abundant natural light, and a functional floor plan ideal for both everyday living and entertaining. A great opportunity for house hacking or adding an income-producing property to your investment portfolio. Situated on a spacious lot with room to enjoy outdoor space. Conveniently located with easy access to US-290, I-45, and Beltway 8, providing an easy commute to Downtown Houston and surrounding areas. Schedule your showing today!

Investor Tools

$297,385Estimated Mortgage Balance
$187,615Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,940 /month
Positive
Cash Flow Estimate:
$980 /month

Interested in this property?

Norisha Johnson

Nextgen Real Estate Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$331/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,544
$73,800
2025
$73,800
N/A
$73,800
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,544
$73,800

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loan Ranger Capital Investments Reit Llc
Unknown
$300,000
No
First
Feb 23, 2026
Mar 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$297,385
$187,615
38%
61%
$1,799/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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763 Fair Street | Property Details | No Agent List