412 N 8th Street, South Houston, TX 77587
Local realty services provided by:Better Homes and Gardens Real Estate Gary Greene
412 N 8th Street,South Houston, TX 77587
$499,900
- 2 Beds
- 1 Baths
- 3,123 sq. ft.
- Multi-family
- Active
Listed by:kate myhan
Office:the sears group
MLS#:76646526
Source:HARMLS
Price summary
- Price:$499,900
- Price per sq. ft.:$160.07
About this home
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.
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Home facts
- Year built:1945
- Listing ID #:76646526
- Updated:September 29, 2025 at 02:18 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Living area:3,123 sq. ft.
Heating and cooling
- Cooling:Central Air, Electric
- Heating:Central, Electric
Structure and exterior
- Roof:Wood
- Year built:1945
- Building area:3,123 sq. ft.
Schools
- High school:SOUTH HOUSTON HIGH SCHOOL
- Middle school:SULLIVAN MIDDLE SCHOOL
- Elementary school:L F SMITH ELEMENTARY SCHOOL
Finances and disclosures
- Price:$499,900
- Price per sq. ft.:$160.07
- Tax amount:$4,221 (2023)
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