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$279,000

810 Lucky St, Houston, TX, 77088

On MarketInfo
CommercialInfo
Baths2,150 Sq Ft
Multi FamilyMulti Family
price_per_sqft$129.77 / sqft
Year BuiltBuilt in 1945

Highlights

Interior

Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling

Exterior

Lot Size6,599 sqft

Building Information

Year Built1945

Land Information

APN0710900450168
Lot Number168
SubdivisionLincoln City
Land UseCommercial
Legal DescriptionLT 168 BLK 6 LINCOLN CITY SEC 4
Census Tract533301
Assessed Land Value$65,990
Assessed Improvement Value$83,903
Assessment Year2025

About this property

Rare opportunity to acquire a multi-building property in the growing Lincoln City area of Houston. Property features a main church building, additional detached structure, and ample open space situated on 3 large lots for a total of 19,799 sqft. The church is currently tenant-occupied at $1,800 per month, providing immediate income potential. The tenant has occupied the property for approximately two years and would like to remain, offering flexibility for investors seeking cash flow while evaluating future plans. With three separate lots, the property presents multiple opportunities, including continued church use, community or nonprofit use, redevelopment, expansion, or other permitted uses subject to buyer verification and applicable regulations. Convenient access to major highways, shopping, and dining. Drive-by only. Showings by appointment with proof of funds or lender pre-approval. Buyer to independently verify all information, measurements, restrictions, and intended use.

Investor Tools

Property Icon
$149,893
Estimated Property Value
$160,000Estimated Mortgage Balance
$0Estimated Equity
-7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,674 /month
Positive
Cash Flow Estimate:
$558 /month

Interested in this property?

Starr Charles

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$336/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,280
$149,893
2025
$65,990
$83,903
$149,893
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,280
$149,893

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lending R Us Llc
Stand Alone Second / Subordinate Position
$160,000
No
First
Sep 22, 2023
Sep 2024

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$151,973
N/A
0%
101%
$960/mo

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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810 Lucky St | Property Details | No Agent List