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$449,000

7938 Kerr St # 6, Houston, TX, 77029

On MarketInfo
CommercialInfo
Baths0 Bath
Baths1,825 Sq Ft
Multi FamilyMulti Family
price_per_sqft$246.03 / sqft
Year BuiltBuilt in 1940

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringLaminate, Vinyl Plank

Exterior

Lot Size5,001 sqft

Building Information

Year Built1940

Land Information

APN0292640000010
Lot Number10
SubdivisionPort Houston Ns
Land UseCommercial
Legal DescriptionLT 10 BLK F PORT HOUSTON NS
Census Tract211501
Assessed Land Value$42,500
Assessed Improvement Value$69,332
Assessment Year2025

About this property

6 Units ? Unit mix = (2 bed x 1 bath, 1 bed x 1 bath, 4 Studios) ? No Flood Zone ? Ideal setup for rental income or multi-family living Utilities & Amenities ? Electric/Gas separately Metered. ? Water, Gas & Electricity ? City Garbage Collection Location ? Excellent Houston location with easy access to I-10, Loop 610, and major commuter routes ? Minutes from Downtown Houston and the Port of Houston ? Conveniently close to shopping centers, restaurants, schools, and daily essentials ? Located near major industrial and employment hubs

Investor Tools

$0Estimated Mortgage Balance
$111,832Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,694 /month
Positive
Cash Flow Estimate:
$898 /month

Interested in this property?

Otto Muniz

Keller Williams Realty Metropolitan

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$258/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,538
$111,832
2025
$42,500
$69,332
$111,832
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,538
$111,832

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$111,832
100%
0%
$0/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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7938 Kerr St # 6 | Property Details | No Agent List