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1623 Bland Street
Houston, TX 77091
Asking Price
$1.64M
Asset Type
Residential Retail
Class
Class B
What's Special
60,519 Sq Ft Lot with Many Possibilities for Builders and Developers <p>Excellent opportunity to acquire a 60,515 SF (±1.39 acres) property located near Houston in a highly desirable, rapidly revitalizing area. The surrounding neighborhood is experiencing strong growth, with major home builders actively constructing new residential developments nearby. This up-and-coming area continues to attract investment due to increased housing demand and ongoing improvements. The generous lot size provides flexibility for various residential development concepts, including s
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NOI
$80,000
Cap Rate
4.88%
DSCR
0.82
Underwater
Cash-on-Cash
-3.53%
Monthly Payment
$8,113.825
Annual Cash Flow
$-17,365.902
