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$650,000

1017 Court St, Houston, TX, 77007

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,800 Sq Ft
QuadruplexQuadruplex
price_per_sqft$232.14 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

About this property

Investment property in one of Houston's most highly demanded inner-loop locations. This quadplex offers all occupied units by long-term tenants, so it produces stable, established income from day one. The two upstairs units are 2 bedroom, 1 bath, and each has its own private balcony. The two downstairs units are 1 bedroom, 1 bath. You can hold the property as a turnkey investment, or you can use the lot's redevelopment potential to build your dream home in an area where new construction sells at a premium. The property sits just steps from Washington Ave's restaurants, and H-E-B is only a few blocks away. You also have quick access to I-10, downtown, the Heights, Spotts Park, and the Buffalo Bayou trails. With strong rental demand and rising land values, this property offers flexibility whether you want cash flow now or a custom build later. Schedule your showing today!

Investor Tools

$0Estimated Mortgage Balance
$675,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,050 /month
Positive
Cash Flow Estimate:
$1,350 /month

Interested in this property?

Vania Delgado

Real Broker, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$821/month
No HOA
5.947%

City: Houston