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$1,595,000

9902 Franklin Rd, Houston, TX, 77070

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths996 Sq Ft
price_per_sqft$1,601.41 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave, Dishwasher
FlooringLaminate, Tile

Exterior

Lot Size14,174 sqft

Building Information

Year Built1964
Stories1
Garage Spaces2

Land Information

APN0431720000138
Land UseResidential
Legal DescriptionTR 40 ABST 506 A LEWIS
Census Tract552602
Assessed Land Value$42,528
Assessed Improvement Value$94,140
Assessment Year2025

About this property

Rare ±1.49-acre infill industrial / contractor-yard assemblage — three contiguous parcels in unincorporated Harris County (Houston ETJ, NO ZONING). Heavy concrete & asphalt-paved stabilized yard (2019) with ±10,206 SF: renovated office, shop/warehouse, and 30 drive-up storage units (19 in lease, 11 separate); well & septic. National-credit tenant at $96,000/yr through 12/2026; $103,500/yr total in-place income. Ideal owner-user, IOS investor, 1031, or redeveloper near US-249 & Beltway 8. All three tax accounts convey together.

Investor Tools

$266,028Estimated Mortgage Balance
$140,972Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,570 /month
Positive
Cash Flow Estimate:
$3,190 /month

Interested in this property?

Dustin Hill

JLA Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$256/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,040
$136,668
2025
$42,528
$94,140
$136,668
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,040
$136,668

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plains State Bank
Unknown
$320,000
No
First
Mar 28, 2018
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$266,028
$140,972
34%
65%
$1,919/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,610/mo
$1,919/mo
$-309/mo
4.7%

City: Houston

9902 Franklin Rd | Property Details | No Agent List