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$278,000

NAL Estimated Property Value

8431 Gulick Ln, Houston, TX, 77075

$322,348 ARVInfo
Off MarketInfo
CommercialInfo
Beds4 Beds
Baths3 Bath
Baths1,644 Sq Ft
Multi FamilyMulti Family
price_per_sqft$182.48 / sqft
Year BuiltBuilt in 1979

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Refrigerator
FlooringCarpet, Laminate

Exterior

Lot Size9,779 sqft

Building Information

Year Built1979
Stories2
Garage Spaces6

Land Information

APN0772800420025
Lot Number13
SubdivisionHouston Skyscraper Shadows 2
Land UseResidential
Legal DescriptionE 1/2 OF LT 13 BLK 42 HOUSTON SKYSCRAPER SHADOWS 2
Census Tract333802
Assessed Land Value$91,575
Assessed Improvement Value$148,827
Assessment Year2025

About this property

Investors and Developers dream! Incoming producing FULLY tenant occupied Triplex! 3 Units (2/1, 1/1, 1/1). Covered parking for four vehicles plus additional parking area, attached oversized garage and a large work shed behind the building. Recent windows, water heaters, window units and siding.

Investor Tools

Property Icon
$278,000
Estimated Property Value
$175,305Estimated Mortgage Balance
$102,695Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$322,347
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,800 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$535/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,030
$240,402
2025
$91,575
$148,827
$240,402
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,030
$240,402

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Caliber Home Loans Inc
Conventional
$191,250
No
First
Dec 29, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$175,305
$108,695
38%
63%
$1,147/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,147/mo
+$575/mo
7.4%

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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8431 Gulick Ln | Property Details | No Agent List