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313 N Nagle St 7 Unit Apartment Building Offered at $3,150,080 Houston, TX 77003
Investment Highlights
- close to new entertainment district
- walk to golf
- bike to downtown
Executive Summary
This is sale of 7 of 10 townhomes in the EADO area or eastside of downtown. All homes are vacant. These are single family three story non attached townhomes that have an HOA. Owner wants to sell remaining units as a bulk sale and cash-out. One of the units, 321, has a rooftop Deck and can be sold at 550K. There are three floor plans with one floor plan having a small balcony another floor plan having a larger balcony and the remaining units have a larger living area and no balcony. All three floor plans are on the market and can be viewed which is 313 319 and 329 n Nagle st. 77003
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- Market Information
Financial Summary (Pro Forma - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$268,800
|
$16.80
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$268,800
|
$16.80
|
| Taxes |
$94,500
|
$5.91
|
| Operating Expenses |
$1,500
|
$0.09
|
| Total Expenses |
$96,000
|
$6.00
|
| Net Operating Income |
$172,800
|
$10.80
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $268,800 |
| Annual Per SF | $16.80 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $268,800 |
| Annual Per SF | $16.80 |
| Taxes | |
|---|---|
| Annual | $94,500 |
| Annual Per SF | $5.91 |
| Operating Expenses | |
|---|---|
| Annual | $1,500 |
| Annual Per SF | $0.09 |
| Total Expenses | |
|---|---|
| Annual | $96,000 |
| Annual Per SF | $6.00 |
| Net Operating Income | |
|---|---|
| Annual | $172,800 |
| Annual Per SF | $10.80 |
Property Facts
| Price | $3,150,080 | Building Size | 16,000 SF |
| Price Per Unit | $450,011 | No. Stories | 3 |
| Sale Type | Investment | Year Built | 2026 |
| No. Units | 7 | Opportunity Zone |
Yes
|
| Property Type | Multifamily |
| Price | $3,150,080 |
| Price Per Unit | $450,011 |
| Sale Type | Investment |
| No. Units | 7 |
| Property Type | Multifamily |
| Building Size | 16,000 SF |
| No. Stories | 3 |
| Year Built | 2026 |
| Opportunity Zone |
Yes |
Moderately walkable
60/100
Exceptionally drivable
90/100
Good public transit
60/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 1367150010008 | Total Assessment | $530,000 (2025) |
| Land Assessment | $61,820 (2025) | Annual Taxes | $94,500 ($5.91/SF) |
| Improvements Assessment | $468,180 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
1367150010008
Land Assessment
$61,820 (2025)
Improvements Assessment
$468,180 (2025)
Total Assessment
$530,000 (2025)
Annual Taxes
$94,500 ($5.91/SF)
Tax Year
2026
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313 N Nagle St
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