Log In/Sign Up
Your email has been sent.
3714 Dabney St 11 Unit Apartment Building $850,000 ($77,273/Unit) 5.98% Cap Rate Houston, TX 77026
INVESTMENT HIGHLIGHTS
- Gated Community, Vacant Lot
- Location, Convenience
- Upgraded Exterior
- Value-Add Potential, Additional Units
- Upgraded Interior, Easy Leasing
- All Bills Paid
EXECUTIVE SUMMARY
!!FANTASTIC INVESTMENT OPPORTUNITY!! Gated 11 unit value-add multi family on 23,520 SF lot! There are 10 efficiency units and one 1 bedroom 1 bath. Property is conveniently located just 10 minutes from Downtown Houston. Extensive interior and exterior upgrades include exterior paint, windows, parking lot, landscaping, fencing, stone counter tops, tubs, toilets, plumbing & electrical upgrades and more. Property is "all bills paid" providing convenience to the tenant and an easy leasing process for the landlord. There is additional value-add to this property by utilizing the large vacant lot (which connects to the adjoining Octavia Street) build additional units or lease the vacant lot of the property to a 3rd party.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$89,207
|
$33.82
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$89,207
|
$33.82
|
| Taxes |
$8,173
|
$3.10
|
| Operating Expenses |
$30,238
|
$11.46
|
| Total Expenses |
$38,411
|
$14.56
|
| Net Operating Income |
$50,796
|
$19.26
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $89,207 |
| Annual Per SF | $33.82 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $89,207 |
| Annual Per SF | $33.82 |
| Taxes | |
|---|---|
| Annual | $8,173 |
| Annual Per SF | $3.10 |
| Operating Expenses | |
|---|---|
| Annual | $30,238 |
| Annual Per SF | $11.46 |
| Total Expenses | |
|---|---|
| Annual | $38,411 |
| Annual Per SF | $14.56 |
| Net Operating Income | |
|---|---|
| Annual | $50,796 |
| Annual Per SF | $19.26 |
PROPERTY FACTS
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 8 | - | - |
| 2+1 | 3 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 0641980000017 | Total Assessment | $381,992 (2025) |
| Land Assessment | $258,720 (2025) | Annual Taxes | $8,173 ($3.10/SF) |
| Improvements Assessment | $123,272 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
0641980000017
Land Assessment
$258,720 (2025)
Improvements Assessment
$123,272 (2025)
Total Assessment
$381,992 (2025)
Annual Taxes
$8,173 ($3.10/SF)
Tax Year
2024
1 of 18
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
3714 Dabney St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.