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$750,000

802 E 32nd Street, Houston, TX, 77022

On MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,250 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$600 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
HeatingHeating

Exterior

Lot Size3,999 sqft

Building Information

Year Built1940
Stories1

Land Information

APN0522420000001
Lot Number1
SubdivisionMccomb L B
Land UseResidential
Legal DescriptionLT 1 BLK 8 MCCOMB L B
Census Tract530300
Assessed Land Value$112,000
Assessed Improvement Value$16,806
Assessment Year2025

About this property

Presenting a unique opportunity to acquire two commercial properties located in the highly sought-after 610 Loop Feeder, offering maximum exposure to 160,000 daily commuters. Comprising a total of 12,000 square feet, these properties are perfectly suited for businesses seeking to expand. Situated in the rapidly growing Independent Heights area, and just minutes from the Galleria and downtown Houston, this prime location provides ample opportunities for growth and success. The properties include a city of Houston-approved and permitted mobile office with convenient accessibility features, including a handicap ramp, air conditioning, and restroom facilities. Month to Month Rent for $2,500 Car dealership and the back home Active asking $1,450.00 for rent

Investor Tools

Property Icon
$263,000
Estimated Property Value
$0Estimated Mortgage Balance
$183,862Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,500 /month
Positive
Cash Flow Estimate:
$1,500 /month

Interested in this property?

Juan Macedo

MRG Realty, LLC.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$334/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,695
$128,806
2025
$112,000
$16,806
$128,806
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,695
$128,806

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Interlinc Mortgage Services Llc
Conventional
$90,000
No
First
Mar 23, 2020
Apr 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$79,138
$183,862
69%
30%
$540/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$540/mo
+$767/mo
6.0%

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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802 E 32nd Street | Property Details | No Agent List