About this home

Prime investment opportunity in Houston's 5th Ward. This income-producing property, with a CAP RATE EXCEEDING 10%, spans 11 total lots and features 5 duplexes (10 total units), individually metered and all currently leased, delivering IMMEDIATE CASH FLOW from day one. Corner at the end of a dead-end street, the site offers limited through traffic while still providing ACCESS FROM TWO SEPARATE STREETS, an ideal setup for tenants and future development. Property backs to industrial and rail, supporting steady rental demand in a strong working corridor. Located within an OPPORTUNITY ZONE, this asset presents potential tax advantages & long-term upside. In addition to the existing duplexes, there are two tear-down structures and room to build up to 4 additional duplexes (8 more units). At the current pricing, the property is operating at an 10%+ cap rate with all units leased-offering strong in-place returns with clear expansion potential in one of Houston's rapidly growing submarkets.

Facts and features

Schools

• Eliot Elementary School

  elementary · K-5 · 0.5 mi

  7

• McReynolds Middle School

  middle · 6-8 · 1.0 mi

  5

• Wheatley High School

  high · 9-12 · 1.2 mi

  4

• Harbor Christian Academy

  elementary · K-5 · 0.6 mi

• Elementary DAEP

  elementary · K-5 · 0.5 mi

• Isaacs Elementary School

  elementary · K-5 · 0.7 mi

  5

Price history

• Aug 14, 2026 · Price Changed$750,000
• Jun 15, 2026 · Price Changed$800,000
• Apr 23, 2026 · Listing Removed$330,000
• Mar 20, 2026 · Price Changed$825,000
• Feb 19, 2026 · Listed$875,000
• Oct 9, 2017 · Listing Removed$330,000
• May 28, 2017 · Listed$330,000
• Aug 13, 2014 · Listing Removed$255,000

Tax history

• 2026$7,710 tax · $362,801 assessed
• 2025$7,798 tax · $372,735 assessed
• 2023$7,980 tax · $396,106 assessed
• 2022$7,401 tax · $336,143 assessed
• 2021$4,955 tax · $212,607 assessed
• 2020$5,239 tax · $218,375 assessed
• 2019$4,495 tax · $185,659 assessed
• 2018$4,270 tax · $168,781 assessed

Home value

$319,491

• Quantarium$319,491
• Cotality$716,300

Where it is