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$345,000

8019 Beech Cove Lane, Houston, TX, 77072

On MarketInfo
Just AddedInfo
CommercialInfo
Beds6 Beds
Baths4 Bath
Baths2,402 Sq Ft
Multi FamilyMulti Family
price_per_sqft$143.63 / sqft
Year BuiltBuilt in 1972

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 4Bathrooms Full 4
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Disposal, Microwave, Dishwasher, Refrigerator
FlooringTile

Exterior

Lot Size7,601 sqft

Building Information

Year Built1972
Stories1

Land Information

APN1013690000003
Lot Number3,4
SubdivisionCatalina West
Land UseResidential
Legal DescriptionS 51.5 FT OF LT 3 & N 13.5 FT OF LT 4 BLK 3 CATALINA WEST
Census Tract452900
Assessed Land Value$59,020
Assessed Improvement Value$174,230
Assessment Year2025

About this property

Newly renovated duplex generating positive cash flow, conveniently situated in a prime location without HOA fees, low taxes and featuring long-term tenants. Recent upgrades include revamped kitchens and bathrooms, updated plumbing with PEX piping, replacement of aluminum wiring with copper, installation of a new fence, exterior electrical enhancements, fresh insulation, and a two-year-old roof. This property represents an excellent investment opportunity, with both units rented out: Unit 8019 leased $1600 and Unit 8021 also bringing in $1600 in monthly rent.

Investor Tools

$190,287Estimated Mortgage Balance
$155,713Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,076 /month
Positive
Cash Flow Estimate:
$692 /month

Interested in this property?

David Huy Nguyen

Vin Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$357/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,557
$233,250
2025
$59,020
$174,230
$233,250
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$2,557
$233,250

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ngocdung Thi Bui Etal
Purchase Money Mortgage
$200,000
No
First
Sep 13, 2023
Oct 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$190,287
$155,713
45%
55%
$1,200/mo

City: Houston

8019 Beech Cove Lane | Property Details | No Agent List