For Sale

$650,000

HIGHLIGHTS:
  • Active
  • $9,283/month
  • 111 DOM
  • 1 Stories
  • 0 Beds
  • 3,808 SqFT
Description

Rental square footage is 5400 SqFt. Current rent roll is $6,500.00 monthly. Laundry and utility income is $1,000.00 monthly on average. Annual income on average is $ 90,000.00. Exceptional income-producing property located just minutes from Highway 290 in rapidly growing Prairie View. This four-unit property offers immediate cash flow with strong rental demand driven by nearby Prairie View A&M University and continued area development. Each unit is well-positioned for consistent occupancy. Ideal workforce rentals, or long-term tenants. Additional SqFt upstairs. Strategically located near US-290, offering quick access to Houston while still benefiting from the quieter, high-demand rental market of Prairie View. Property Highlights:    •   4 income-producing units possible expansion of two more.    •   Gross income $7,500 monthly which includes utilities    •   Close to Prairie View A&M University    •   Easy access to Highway 290

Overview
  • MLS Number: 85926474
  • Type: Multi-Family - Fourplex
  • Bedrooms: N/A
  • Bathrooms: N/A
  • Garages: N/A
  • Size: 3,808 SqF
  • Land Size: 18,757 sqft
  • Year Built: 2014
Financial
Price:
$650,000
Price/SqFT:
$170.69
Original Price:
$695,000
Reduced $:
$45,000
Reduced On:
Jul 15th, 2026
Reduced %:
6.47 %
HOA Fee:
Tax Rate:
2.44928 %
Est. Monthly:
$9,283 *
Tax Amount:
$15,920
Amenities and features
Property & Schools on Map
Floor plans / Dimensions / Descriptions
  • Heating:
    Central Electric
    Cooling:
    Central Electric
  • Roof:
    Composition
    Lot Description:
    Cleared

Listed By:
Colt Haack

Coldwell Banker Properties

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