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$388,512

NAL Estimated Property Value

8307 Millet St, Houston, TX, 77012

Off MarketInfo
CommercialInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size1.98 acres

Land Information

APN0402350000001
SubdivisionTod And Johnson's Outlot Addition
Land UseCommercial
Legal DescriptionTR 1 TOD AND JOHNSON'S OUTLOT ADDITION ABST 27 J R HARRIS
Census Tract311502
Assessed Land Value$388,512
Assessment Year2025

About this property

1.98 Acres in Greater East End!!! Fully fenced Inner Loop property perfectly poised to be the next big development. Prime location adjacent to I-45 South, 610 loop East and State Highway 225. 86,336 sq.ft (HCAD) of vacant and clear land, ready to develop. Located minutes away from Project 11; Port of Houston's largest expansion project to date. Excellent opportunity for 19 lots or a commercial development.

Investor Tools

Property Icon
$388,512
Estimated Property Value
$0Estimated Mortgage Balance
$388,512Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,999 /month
Positive
Cash Flow Estimate:
$1,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$839/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,129
$388,512
2025
$388,512
N/A
$388,512
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,129
$388,512

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$388,512
100%
0%
$0/mo

Learn About the Market: Opportunity in Houston

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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.

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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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8307 Millet St | Property Details | No Agent List