$875,000
 $4,697 est/mo Sourced by Back At You

8430 Round Rock Drive 8,Houston, TX 77049

Houston, TX 77049

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Description

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.

Details

MLS #63243731
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1957
Days On Site106
Listing Provided ByLPT Realty, LLC | Adewale Lawal

Features

SQ Feet6,800
Story(s)1
Units8
Acreage40000.00

Exterior

Lot FeaturesOther, Near Public Transit

Taxes

Tax Annual Amount9397

Area Information

StateTX
CountyHarris
CityHouston
Zip Code77049
Area2
SubareaNorth Channel
Community NameReservoir Acres
Listing VS Median (in Reservoir Acres)
Price:
$875,000
low | high
Med:
$438,125
99.928571428571% of Average
sqft:
6,800
low | high
Med:
3,825
93.75% of Average
$ / sqft:
$129
low | high
Med:
$65
99.428571428571% of Average
On site:
106
low | high
Med:
91
100% of Average
Sourced by Back At You

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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Houston Association of REALTORS®.

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Learn More About This Property

Coldwell Banker Commercial Gateway

Coldwell Banker Commercial Gateway

 (956) 937-2930[email protected]
StateTX
CountyHarris
CityHouston
Zip Code77049
Area2
SubareaNorth Channel
Community NameReservoir Acres
Listing VS Median (in Reservoir Acres)
Price:
$875,000
low | high
Med:
$438,125
99.928571428571% of Average
sqft:
6,800
low | high
Med:
3,825
93.75% of Average
$ / sqft:
$129
low | high
Med:
$65
99.428571428571% of Average
On site:
106
low | high
Med:
91
100% of Average
Sourced by Back At You
Listing Updated: July 3, 2026 at 11:28:41 AM PDT
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IDX information is provided exclusively for LERA MLS (Local Expertise. Regional Access) consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Laredo Association of REALTORS.
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