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$366,000

NAL Estimated Property Value

8013 Capitol St, Houston, TX, 77012

Off MarketInfo
CommercialInfo
Beds2 Beds
Baths1 Bath
Baths2,076 Sq Ft
price_per_sqft$168.59 / sqft
Year BuiltBuilt in 1936

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, ENERGY STAR Qualified Appliances, Disposal, Microwave, Dishwasher, Refrigerator
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesPrivate Entrance
Lot Size6,003 sqft

Building Information

Year Built1936
Garage Spaces2

Land Information

APN0252250000017
Lot Number17,18
SubdivisionMagnolia Park
Land UseResidential
Legal DescriptionLTS 17 & 18 & TR 19A BLK 211 MAGNOLIA PARK SEC 2
Census Tract311100
Assessed Land Value$74,250
Assessed Improvement Value$275,750
Assessment Year2025

About this property

Perfect investment property in the rapidly growing and highly sought after East End! Walk in and be welcomed to 3 detached recently renovated units. They include two separate and private units + garage apartment. All 3 units are 2 bed/1 bath and equipped with recent electrical, plumbing, HVAC, roof, as well as washer/dryer inside each home. Beautifully renovated in 2019. Updates also include kitchens with granite countertops, stainless steel appliances, and bright, open, functional floor plans. Currently a cash flowing property being fully leased! Investors dream or amazing opportunity for a home buyer to live in one of the units while renting out the other two to pay off your mortgage. You have the option of leasing the unit about to become available or occupying it. Located just minutes away from Downtown Houston, universities (UH, UHD, TSU, South Texas College of Law), and the hot new developing East River project. Call today!

Investor Tools

Property Icon
$366,000
Estimated Property Value
$385,728Estimated Mortgage Balance
$366,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,196 /month
Positive
Cash Flow Estimate:
$732 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$718/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,791
$350,000
2025
$74,250
$275,750
$350,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,791
$350,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Towne Mortgage Co
Fha
$396,926
Yes
First
Oct 31, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$385,728
N/A
0%
105%
$2,380/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$2,380/mo
$-1,073/mo
4.3%

City: Houston

8013 Capitol St | Property Details | No Agent List