$500,000
8626 Martin Luther King Boulevard, Houston, TX, 77033
On Market
Highlights
Interior
Exterior
Lot Size18,600 sqft
Land Information
APN0470560000063
Land UseCommercial
Legal DescriptionTR 1R ABST 1281 J M SWISHER
Census Tract331800
Assessed Land Value$241,800
Assessment Year2025
About this property
Opportunity awaits!! Great corner location, Zoned Commercial Due diligence required to determine zoning restrictions, building requirements and utilities. Ideal for Gas Station or business park
Investor Tools
$0Estimated Mortgage Balance
$241,800Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,000 /month
Positive
Cash Flow Estimate:
$1,000 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$457/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,281
$241,800
2025
$241,800
N/A
$241,800
Yes (2023)
Tax History
Year
Tax Paid
Assessed Value
2024
$4,281
$241,800
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$241,800
100%
0%
$0/mo
