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$404,000

8221 Tower St, Houston, TX, 77088

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size7,157 sqft

Land Information

APN0750770010012
Lot Number12
SubdivisionMyrtle Park
Land UseResidential
Legal DescriptionLT 12 BLK 1 MYRTLE PARK
Census Tract533402
Assessed Land Value$70,775
Assessment Year2025

About this property

This expansive lot offers endless possibilities for custom construction in a sought-after location with no limitations. Surrounded by contemporary developments, this prime location is perfect for a single-family home, multi-family residence, townhouse, or duplex. Don't miss the opportunity to bring your dream home to life. With existing water, sewer, and electricity hookups, this lot is ready for your vision to become a reality. Verify all information before making a purchase.

Investor Tools

Property Icon
$404,000
Estimated Property Value
$404,491Estimated Mortgage Balance
$4,824Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,424 /month
Positive
Cash Flow Estimate:
$808 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$238/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$839
$70,775
2025
$70,775
N/A
$70,775
No

Tax History

Year
Tax Paid
Assessed Value
2024
$839
$70,775

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$404,491
No
First
Aug 12, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$399,176
$9,824
2%
99%
$2,426/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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8221 Tower St | Property Details | No Agent List