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Owner Contacts

$720,538

NAL Estimated Property Value

9700 Mykawa Road, Houston, TX, 77048

Off Market

0 Bath

Highlights

Interior

Bathrooms 0

Exterior

Lot Size4.90 acres

Land Information

APN0361220000050

Lot Number1-4

SubdivisionWaverly Gardens

Land UseCommercial

Legal DescriptionTR 50A & LTS 1 2 3 & 4 & TR 8 WEBER PLAZA U/R WAVERLY GARDENS

Census Tract331602

Assessed Land Value$640,200

Assessed Improvement Value$80,338

Assessment Year2025

About this property

This listing includes a 32-year established truck parking business along with repair services. The business has about $500,000/yr in sales and is profitable. More detailed info is available from Listing Broker. Great opportunity for a seasoned mechanic or trucking industry professional. Includes Large 6 Bay shop, offices, On-site DOT Inspection Office and extensive 24/7 security. The business has perfect 5 Star Google reviews, and there is a waiting list for the parking spaces. Tools and equipment are included. Easy transition to a new owner and many opportunities for expansion - call for details. Since COVID, online shopping has exploded and the trucking industry is growing to serve the demand. Great opportunity for a seasoned entrepreneur to acquire prime real estate assets and make profits. Call Listing Broker to set your personal showing or get more information. Do not go to the property without an appointment.

Investor Tools

$720,538

Estimated Property Value

$14,273Estimated Mortgage Balance

$706,265Estimated Equity

98% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$21,000 /month

Positive

Cash Flow Estimate:

$7,000 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,558/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$15,093

$720,538

2025

$640,200

$80,338

$720,538

Tax History

Year

Tax Paid

Assessed Value

2024

$15,093

$720,538

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Southtrust Bank

Commercial

$55,900

First

Apr 10, 2001

Apr 2006

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$14,273

$706,265

98%

$336/mo

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