For Sale
412 N 8th St South Houston, TX 77587
$499,900
Description
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!
Overview
Financial
Price:
$499,900
Price/SqFT:
$160.07
HOA Fee:
Tax Rate:
2.55758 %
Est. Monthly:
$6,977 *
Tax Amount:
$12,785
Amenities and features
Property & Schools on Map
Floor plans / Dimensions / Descriptions
-
InteriorHeating:Central ElectricCooling:Central Electric
-
ExteriorRoof:Wood Shingle
Documents
Listed By:
Kate Myhan
The Sears Group
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