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$1,370,000

9202 Homestead Road, Houston, TX, 77016

On MarketInfo
Just AddedInfo
Baths0 Bath
Baths19,059 Sq Ft
price_per_sqft$71.88 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size21,580 sqft

Land Information

APN0710290110318
Lot Number318,319
SubdivisionBarclay Place
Land UseCommercial
Legal DescriptionLTS 318 & 319 BLK 11 BARCLAY PLACE SEC 1
Census Tract230600
Assessed Land Value$194,220
Assessment Year2025

About this property

Prime commercial real estate investment opportunity in a rapidly growing Houston corridor. Operating as a two-story exterior-corridor motel, this asset encompasses a 19,059-square-foot building situated on a generous 0.88-acre lot (38,332 square feet). Originally constructed in 1979, the property underwent a complete capital improvement and modernization program in 2023, featuring 35 updated guest rooms with high-speed internet, ample on-site parking, and streamlined operations. Zoned flexible C2 commercial with excellent frontage along a high-visibility thoroughfare, this asset offers strong ongoing hospitality cash flow alongside tremendous upside potential for adaptive reuse, boutique lodging repositioning, or site redevelopment with convenient access to major arterial routes.

Investor Tools

$0Estimated Mortgage Balance
$194,220Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,220 /month
Positive
Cash Flow Estimate:
$2,740 /month

Interested in this property?

Andre Beraud

Brooks & Davis Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$352/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,251
$194,220
2025
$194,220
N/A
$194,220
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,251
$194,220

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$194,220
100%
0%
$0/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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