8/8430 Round Rock Drive

Houston TX 77049

6800 sq. ft.

40000 sq. ft.

Multi-Family

Currently for sale - view listing

Overview

100% occupied income-producing 8-unit multifamily for a serious, qualified buyer. Property consists of 8 units, each 2 bed / 1 bath, with long-term tenants in place. Priced at a 1.14% rent-to-price ratio based on existing rents, not projections. Relatively newer roofs, new HVAC, and updated interiors. Current upside includes potential rent increases, pet fees, onsite laundry income, and implementing RUBS for water since units are not separately metered. Monthly expenses: $400 water, $490 trash, $200 landscaping, $100 pest control, $1,148 insurance. No HOA, no deed restrictions, and no short-term rental restrictions. Showings only with proof of funds and an acceptable offer. Please do not disturb tenants. Photos are representative of overall unit condition. See MLS attachments and OM for details. Lowball offers, creative deal or creative offer, and “Subject To” offers will not receive a response. Serious buyers only.

Features

6800 sq. ft. floor area

40000 sq. ft. lot size

Multi-Family

Property history for 8/8430 Round Rock Drive

2024

Rented

Undisclosed

28 Sep 2024 by LPT Realty, LLC

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Local market activity for multi families in Houston

Sold

For Sale

View the listing for inspection times, agent contact details, and more.

Wale Lawal

at LPT Realty, LLC

(112 reviews)

View listing

Sales:: (619) 566-0008

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