TX > South Houston > South Houston Gardens Sec 01
South Houston, TX 77587,412 N 8th ST
South Houston, TX 77587,412 N 8th ST
South Houston, TX 77587,412 N 8th ST
South Houston, TX 77587,412 N 8th ST
South Houston, TX 77587,412 N 8th ST
South Houston, TX 77587,412 N 8th ST
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MODUS Real Estate

MODUS Real Estate

+1(303) 229-6582
$ 499,900
Est. payment | /mo

2 Beds

1 Bath

3,123 SqFt

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$ 499,900
Est. payment | /mo
Save

2 Beds

1 Bath

3,123 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 3,123 sqft

Price per Sqft $160

Subdivision South Houston Gardens Sec 01

MLS Listing ID 76646526

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1945

Annual Tax Amount $4,221

Tax Year 2023

Property Sub-Type Detached

Property Description

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.

Location

State TX

County Harris

Area South Houston

Interior

Heating Central, Electric

Cooling Central Air, Electric

Fireplace No

Exterior

Roof Type Shingle,Wood

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Schools

Elementary Schools L F Smith Elementary School

Middle Schools Sullivan Middle School

High Schools South Houston High School

School District 41 - Pasadena

Others

Tax ID 034-193-000-0381

Acceptable Financing Cash, Conventional, Investor Financing, Owner May Carry

Listing Terms Cash, Conventional, Investor Financing, Owner May Carry

Houston Realtors Information Service / HAR MLS
Listed by The Sears Group Kate Myhan

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MODUS Real Estate

MODUS Real Estate

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412 N 8th ST