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$95,000

809 Houston St, Portland, TX, 78374

$123,500 ARVInfo
On MarketInfo
Just AddedInfo
CommercialInfo
Baths0 Bath
Baths1,784 Sq Ft
RetailRetail
price_per_sqft$53.25 / sqft
Year BuiltBuilt in 1946

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Exterior FeaturesStorage
Lot Size12,458 sqft

Building Information

Garage Spaces12

Land Information

APN1405-0009-0013-003
Lot Number13-18
SubdivisionPortland Tier G
Land UseCommercial
Legal DescriptionPORTLAND TIER G BLK 9, PT LOTS 13 THRU 18 (0.286 ACRES)
Census Tract010604
Assessed Land Value$39,896
Assessed Improvement Value$331,562
Assessment Year2025

About this property

This sale is for BUSINESS AND PROPERTY, a 2-for-1 combo which is also TWO business tracks: "Greens & Things" is both a Flower Shop doing arrangements of all sizes for pickup and delivery, as well as a Garden Center & Nursery.? Business equipment, coverings, tables, pots, most inventory, etc.? conveys with sale.? This fantastic location is 1 block from Portland's new very busy 5th & Elm Community concert and event center, and has road frontage on 3 sides for access and visibility: Hwy.? 181 feeder road, Houston St.?, and 7th St.? The zoning is Mixed Use, however check with the City for any other proposed uses because it does fall in the new Leisure & Entertainment District (LED) zoning.?

Investor Tools

$48,155Estimated Mortgage Balance
$323,303Estimated Equity
87% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$123,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,229 /month
Positive
Cash Flow Estimate:
$743 /month

Interested in this property?

Brenton Reagan

Cass Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$645/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,882
$371,458
2025
$39,896
$331,562
$371,458
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,882
$371,458

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Commercial
$122,947
No
First
Jul 16, 2004
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$48,155
$323,303
87%
13%
$738/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Portland

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