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1806 Snake River Rd 2,800 SF 100% Leased Office Building Katy, TX 77449 $599,000 ($213.93/SF) 6.02% Cap Rate
Investment Highlights
- ALSO OTHER OFFICES FOR SALE IN THE COMPLEX: 1050SF AT 285K AND 675SF AT 210K
Executive Summary
Whole office building leased. 3 TENANTS. $5100 rental income at month. 6% NET Return
units A+B: reception, conference room, 4 offices with 1 bath. leased for $2000.
unit C: reception, conference room, 1 office, storage room
units A,B,C share a common area with a kitchen and 2 bathroom
unit D: reception, 2 offices with 1 bathroom
All units have independent entry from street. plenty unassign parking
2 tenants are month to month lease so either can be bought as investment or owner partial occupancy + rental income
units A+B: reception, conference room, 4 offices with 1 bath. leased for $2000.
unit C: reception, conference room, 1 office, storage room
units A,B,C share a common area with a kitchen and 2 bathroom
unit D: reception, 2 offices with 1 bathroom
All units have independent entry from street. plenty unassign parking
2 tenants are month to month lease so either can be bought as investment or owner partial occupancy + rental income
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$61,200
|
$21.86
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$61,200
|
$21.86
|
| Taxes |
$16,219
|
$5.79
|
| Operating Expenses |
$8,880
|
$3.17
|
| Total Expenses |
$25,099
|
$8.96
|
| Net Operating Income |
$36,101
|
$12.89
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $61,200 |
| Annual Per SF | $21.86 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $61,200 |
| Annual Per SF | $21.86 |
| Taxes | |
|---|---|
| Annual | $16,219 |
| Annual Per SF | $5.79 |
| Operating Expenses | |
|---|---|
| Annual | $8,880 |
| Annual Per SF | $3.17 |
| Total Expenses | |
|---|---|
| Annual | $25,099 |
| Annual Per SF | $8.96 |
| Net Operating Income | |
|---|---|
| Annual | $36,101 |
| Annual Per SF | $12.89 |
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
2,800 SF
Building Class
B
Year Built
2007
Price
$599,000
Price Per SF
$213.93
Cap Rate
6.02%
NOI
$36,075
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,800 SF
Building FAR
0.64
Lot Size
0.10 AC
Zoning
None
Parking
12 Spaces (4.29 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Earthgeo Energy LLC
- Construction
- -
- -
- -
- Houston Oil Metering Enterprise LLC
- Mining, Quarrying, and Oil and Gas Extraction
- -
- -
- -
- Social House Wellness Center
- Health Care and Social Assistance
- -
- -
- -
- Trak Engineering Inc
- Professional, Scientific, and Technical Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Earthgeo Energy LLC | Construction | - | - | - | ||
| Houston Oil Metering Enterprise LLC | Mining, Quarrying, and Oil and Gas Extraction | - | - | - | ||
| Social House Wellness Center | Health Care and Social Assistance | - | - | - | ||
| Trak Engineering Inc | Professional, Scientific, and Technical Services | - | - | - |
Moderately walkable
70/100
Very drivable
80/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 1274400190006 | Total Assessment | $191,762 |
| Land Assessment | $26,660 | Annual Taxes | $16,219 ($5.79/SF) |
| Improvements Assessment | $165,102 | Tax Year | 2025 |
Property Taxes
Parcel Number
1274400190006
Land Assessment
$26,660
Improvements Assessment
$165,102
Total Assessment
$191,762
Annual Taxes
$16,219 ($5.79/SF)
Tax Year
2025
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1806 Snake River Rd