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Days399Days on Market
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$235,000

8038 Record St, Houston, TX, 77028

On MarketInfo
Baths2 Bath
Baths1,080 Sq Ft
price_per_sqft$217.59 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
FlooringTile, Vinyl Plank

Exterior

Lot Size7,971 sqft

Building Information

Year Built1950

Land Information

APN0760420290584
Lot Number583
SubdivisionClairmont Place
Land UseResidential
Legal DescriptionLT 583 BLK 29 CLAIRMONT PLACE SEC 2
Census Tract231000
Assessed Land Value$65,496
Assessed Improvement Value$85,204
Assessment Year2025

About this property

Welcome to Record St! An investor's dream! Whether you're expanding an established portfolio or making your first multifamily investment, these duplexes are built to generate strong cash flow and lasting returns. Each 2-bedroom, 1-bathroom unit is move-in ready and rent-ready, making it easy to attract tenants and start generating income right away. This is an outstanding opportunity to add a turnkey, income-producing property to your real estate portfolio.

Investor Tools

$168,727Estimated Mortgage Balance
$38,273Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,410 /month
Positive
Cash Flow Estimate:
$470 /month

Interested in this property?

Elio Alanis

Keller Williams ARE

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$216/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,833
$150,700
2025
$65,496
$85,204
$150,700
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,833
$150,700

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rflf 4 Llc
Commercial
$173,625
No
First
Nov 20, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$168,727
$38,273
18%
112%
$1,041/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,041/mo
+$1,185/mo
17.7%

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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