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 Virtual Tour

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 22148781

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

Deal of the Year! Investors, seize this rare opportunity to own a stabilized mixed-use property delivering a strong 9% CAP rate and instant cash flow—now reduced by $85,000 since last year for a quick sale! Situated on a 7,190 SF lot with no HOA and no flood zone, this solid 3,123 SF building features a long-standing restaurant tenant paying $3,200/month on a 3-year lease plus two residential units leased at $1,000/month each, providing consistent income. Additional upside potential by leasing two unused on-site storage units. This property combines stability, prime location, and appreciation potential in one unbeatable package. Loan estimate and supporting documents available - attached to the listing. Watch video. Act fast—opportunities like this rarely last!

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

Virtual Tour https://youtu.be/kMnzPSflEdc?si=HfqylnxGnlULNgUM

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

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412 N 8th ST