412 N. 8th Street, Houston, Texas 77587
This Property is Off-Market
2 Beds
1 Full Bath
Multi-Family
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About 412 N. 8th Street
Investors, seize this exceptional opportunity to acquire a stabilized mixed-use property delivering a 9% CAP rate on a 7,190 SF lot—with no HOA and no flood zone. The 3,123 SF building includes a long-standing restaurant leased at $3,200/month (3-year term) and two residential units leased at $1,000/month each, generating steady income. Additional upside exists by leasing two unused on-site storage units. This is a rare chance to secure a stable, income-producing asset in a desirable area with future appreciation potential. Loan estimate available so see attachemnts.
Highlights
412 N. 8th Street
$499,900
Multi-Family
3,123 Home Sq Ft
Houston 77587
2 Beds
1 Full Bath
7,190 Lot Sq Ft
General Description
Taxes & Fees
Tax ID
034-193-000-0381
Tax Rate
2.3721%
Taxes w/o Exemption/Yr
$4,221 / 2023
Maint Fee
No
Interior Features
Fireplace
No
Heating
Electric
Cooling
Electric
Dishwasher
No
Range
No
Disposal
No
Microwave
No
Loft
No
Exterior Features
Roof
Wood
Private Pool
No
Area Pool
Maybe
New Construction
No
Listing Firm
The Sears Group
Schools
| Name | Grade | Great School Ranking |
|---|---|---|
| L F Smith Elem | Elementary | 6 of 10 |
| Sullivan Middle | Middle | None of 10 |
| South Houston High | High | 3 of 10 |
School information is generated by the most current available data we have. However, as school boundary maps can change, and schools can get too crowded (whereby students zoned to a school may not be able to attend in a given year if they are not registered in time), you need to independently verify and confirm enrollment and all related information directly with the school.
