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412 N 8th St, South Houston, TX, 77587

$550,000

Home List Price

$6,531*

Closing Credit

2 Bedrooms
1 Full Bath
3,123 SqFt
$176/SqFt
House

Location

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412 N 8th St, South Houston$550,000

Buyer Closing Credits

$6,531*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1945
HeatingCentral, Electric
CoolingCentral Air, Electric
MLS #29448437
StatusActive

About 412 N 8th St

Investors, seize this opportunity to acquire a mixed-use property on a spacious 7,190 square foot lot with 5,075$ monthly income. This versatile property features a total of 3,123 square feet, including a restaurant space, two smaller commercial units, and two rental units. Unit 3, with 2 bedrooms and 1 bathroom, is currently leased, while Unit 2, a 2 bedroom and 1 bathroom unit is leased .The restaurant lease (secured for 3 more years) brings in $3,200, presenting a unique opportunity for a business venture combined with residential space. Savvy investors will appreciate the potential for increased cash flow by leasing the two smaller commercial units, thereby enhancing the property's value. Located in a non-flooding zone, this property promises both security and growth. Further details are available to facilitate your acquisition process, with a loan estimate attached showing cash flow aligned with payments. Principal & Interest covered by restaurant lease.

Property Details

Property Features

Property Information:

  • Year Built: 1945
  • Stories: 2
  • Living Area: 3,123 SqFt

Listing Office:

  • Office Name: JPAR - The Sears Group
  • Office Phone: (713) 357-0068
  • Listing Agent: Kate Myhan

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: Use the left lane to turn left onto Market St Turn left to merge onto I-610 S Use the right 2 lanes to take exit 30B to merge onto TX-225 E toward Pasadena/La Porte Continue onto TX-225 E Take the exit toward Allen-Genoa Rd Take Allen Genoa Rd to 8th St in South Houston Merge onto La Porte Freeway Frontage Use the right 2 lanes to turn right onto Allen Genoa Rd Slight right onto S Houston Rd Continue onto 8th St 412 N 8th St South Houston, TX 77587, USA

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000
  • Price Per SqFt: $176/SqFt
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Housing Market Comparison

See how this home compares to others in South Houston, TX.

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South Houston, TX

City

Med. List Price

$230K

Med. Price/SqFt

$161

Avg. Days On Market

47

# of Sold Homes

1

412 N 8th St vs South Houston

37 DAYS ON ROCKET

-10 Days

$550,000

+$320K More

$176/SqFt

+$14 More

KEY TAKEAWAY

This property is $320K more than the Median List Price and $14/SqFt more than other homes in South Houston, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HAR
  • MLS Number: #29448437

Listing Office:

  • Office Name: JPAR - The Sears Group
  • Office Phone: (713) 357-0068
  • Listing Agent: Kate Myhan

Broker ReciprocityDisclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”.

Copyright© 2024 Houston Realtors Information Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 11/22/2024, 9:25:14 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-734248
5
/10

  • Nelda Sullivan Middle School

  • 1112 Queens Rd

  • 0.50 miles

  • Public District Grades 5-6

school-card-donut-734249
6
/10

  • L. F. Smith Elementary School

  • 1401 Avenue A

  • 0.63 miles

  • Public District Grades PK-4

school-card-donut-734250
5
/10

  • South Shaver Elementary School

  • 2020 Shaver St

  • 1.01 miles

  • Public District Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,689. Most South Houston, TX residents have annual incomes between $35k-100k. Typical family type is married, with kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 412 N 8th St

What is the listing price of this property?

The listing price of 412 N 8th St property is $550,000.

What type of property is this?

The property 412 N 8th St is a house located in South Houston, Texas, 77587.

Is this property for sale now?

Active Listing: 412 N 8th St is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 412 N 8th St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 412 N 8th St is 3,123 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 412 N 8th St is 1945.

Rocket Homes›Texas›Harris County›South Houston›77587›412 N 8th St

This home is located at 412 N 8th St in South Houston, TX and zip code 77587. This 3,123 square foot home was built in 1945. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 16, 2024 and is currently priced at $550,000.

The number of listings in South Houston, TX increased by 75% between September 2024 and October 2024. While the average time on the market in October 2024 was 47 days, the median list price was $230,000.

From Rocket Homes Real Estate and based on county public records data.

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