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$99,999

7134 Conley St, Houston, TX, 77021

$129,999 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,396 Sq Ft
Year BuiltBuilt in 1950

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size5,149 sqft

Building Information

Year Built1950
Stories1
Garage Spaces2

Land Information

APN0332270500016
Lot Number16
SubdivisionFoster Place
Land UseResidential
Legal DescriptionLT 16 BLK 50 FOSTER PLACE
Census Tract313600
Assessed Land Value$103,000
Assessed Improvement Value$36,488
Assessment Year2025

About this property

Vacant lot with multifamily potential near UH and TSU! 7134 Conley St is an opportunity for builders and investors in one of Houston?s fastest-changing areas, minutes from the University of Houston, Texas Southern University, downtown, and the Medical Center. Houston has no zoning, so you have the flexibility to build a duplex, fourplex, townhomes, or other small multifamily project, subject to any deed restrictions and city requirements. Steady rental demand from students, university staff, and Medical Center workers makes this a strong spot for build-to-rent. You could also build and hold for long-term rental income or sell new construction. Quick access to 610, 288, and I-45. Bring your plans and your builder. Buyer to verify lot size, restrictions, and utilities.

Investor Tools

$0Estimated Mortgage Balance
$202,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$129,999
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,212 /month
Positive
Cash Flow Estimate:
$404 /month

Interested in this property?

Edward McClintick

Joseph Walter Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$327/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,919
$139,488
2025
$103,000
$36,488
$139,488
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,919
$139,488

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$202,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,820/mo
N/A
+$1,820/mo
10.8%

City: Houston