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$388,447

8005 Bowen St Apt 6, Houston, TX, 77051

Off MarketInfo
CommercialInfo
Beds1 Beds
Baths1 Bath
Baths3,600 Sq Ft
Multi FamilyMulti Family
price_per_sqft$150 / sqft
Year BuiltBuilt in 1981

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1

Exterior

Lot Size7,048 sqft

Building Information

Year Built1981
Stories2

Land Information

APN0511630000002
Lot Number2
SubdivisionSunnyside Place
Land UseCommercial
Legal DescriptionLT 2 BLK 66 SUNNYSIDE PLACE
Census Tract331100
Assessed Land Value$119,850
Assessed Improvement Value$268,597
Assessment Year2025

About this property

Fully occupied 6 unit apartment complex, perfect for an investor that wants high returns. All units have new, flooring, new appliances, new ac, new light fixtures, new bathrooms, new flooring, new quarts counter tops, new plumbing fixtures. All units are 2 stories and 1 bedroom on the second floor. Downstairs could also be used as a bedroom

Investor Tools

Property Icon
$388,447
Estimated Property Value
$400,400Estimated Mortgage Balance
$0Estimated Equity
-3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,240 /month
Positive
Cash Flow Estimate:
$1,080 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$903/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,896
$388,447
2025
$119,850
$268,597
$388,447
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,896
$388,447

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Flexpoint Inc
Conventional
$400,400
No
First
Feb 5, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$391,542
N/A
0%
101%
$2,401/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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8005 Bowen St Apt 6 | Property Details | No Agent List