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$397,352

9117 Friendly Rd Apt 5, Houston, TX, 77093

$512,587 ARVInfo
Off MarketInfo
CommercialInfo
Baths0 Bath
Baths3,952 Sq Ft
Multi FamilyMulti Family
price_per_sqft$88.56 / sqft
Year BuiltBuilt in 1965

Highlights

Interior

Bathrooms 0Bathrooms 0
Garage AvailableGarage Available
FlooringLaminate, Tile, Vinyl

Exterior

Lot Size1.67 acres

Building Information

Year Built1965
Stories2
Garage Spaces2

Land Information

APN0421000010105
SubdivisionFriendly Acres U/R
Land UseCommercial
Legal DescriptionTR 6A BLK A FRIENDLY ACRES U/R ABST 239 A DALY
Census Tract230500
Assessed Land Value$181,815
Assessed Improvement Value$215,537
Assessment Year2025

About this property

This sale consist of a 5 units building on a 1.44 acres. All units features 2 bedrooms, 1 bath, large living room, kitchen and dining combo, and two of the units have a one car garage attached. Located just outside of 610 loop and just few minutes away from Downtown Houston and IAH. The property has easy access to US 69, Beltway 8 and 610 Loop. So, if you are looking for a large lot with income generating, this property is perfect for you. Please make your appointment right away! This property would not last long!

Investor Tools

Property Icon
$397,352
Estimated Property Value
$400,081Estimated Mortgage Balance
$20,582Estimated Equity
-1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$512,587
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,384 /month
Positive
Cash Flow Estimate:
$795 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$568/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,831
$397,352
2025
$181,815
$215,537
$397,352
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,831
$397,352

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rflf 7 Llc
Commercial
$400,081
No
First
Mar 28, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$376,770
$20,582
5%
95%
$2,399/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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9117 Friendly Rd Apt 5 | Property Details | No Agent List