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$499,900

Listing Price

2beds

1baths

1,680sqft

7,100sqft lot

412 N 8th St, South Houston, TX 77587

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Multi-Family

Home type

--

Price / sqft

1957

Year built

Home Details

Deal of the Year! Investors, seize this rare opportunity to own a stabilized mixed-use property delivering a strong 9% CAP rate and instant cash flow-now reduced by $85,000 since last year for a quick sale! Situated on a 7,190 SF lot with no HOA and no flood zone, this solid 3,123 SF building features a long-standing restaurant tenant paying $3,200/month on a 3-year lease plus two residential units leased at $1,000/month each, providing consistent income. Additional upside potential by leasing two unused on-site storage units. This property combines stability, prime location, and appreciation potential in one unbeatable package. Loan estimate and supporting documents available - attached to the listing. Watch video. Act fast-opportunities like this rarely last!

Interior Details

Square Feet
  • 1680

Bedrooms
  • 2

Bathrooms
  • 1

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Central

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Gas

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 7100

Water
  • Yes

Sewer
  • Yes

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • Duplex Single

Exterior
  • Combination

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$3,499

$46,150

$76,440

--%

$122,590

2019

$3,309

$37,275

$77,925

--%

$115,200

2018

$3,017

$34,435

$68,013

--%

$102,448

2017

$2,997

$34,435

$67,465

--%

$101,900

2016

$2,578

$30,175

$61,937

--%

$92,112

2015

$1,988

$23,075

$46,439

--%

$69,514

2013

$2,002

$23,075

$47,387

--%

$70,462

2012

$2,503

$0

$0

--%

$68,234

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Average Home Price in 77587

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Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
499,900
$
Down payment
99,980
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
2,999.4
$
HOA (Monthly)
0
$
PMI
0
$
$3,236
Your Payment
Total Monthly Payment:$3,236
Percent of Income:55%
Affordable:No

Details for 412 N 8TH ST

Property Debt

Foreclosure Contact Details