$195,000 Last Listed Price
●
House -
Off Market
265 Owens Street
Houston, TX 77029
10 Beds
4 Baths
2,244 Ft²
$1,172
Est. Monthly
About This Property
Welcome to 265 Owens, CURRENTLY TENANT OCCUPIED and being rented as
a Co-Living home. It is a fantastic turn-key investment opportunity
in a prime location. This property boasts 10 bedrooms and 4
bathrooms, perfect for a co-living / multi gen family / group home
/ assisted living / senior care / or other arrangements for amazing
rental income. With some TLC and a little bit of elbow grease, this
fixer-upper has incredible potential for a savvy investor. The
tenant-occupied home is a landlord's dream, offering massive
cashflow and value-add opportunities. Under new management and
ready to make you mint. Don't miss out on this chance to turn this
diamond in the rough into a shining gem. This home can be purchased
by itself or as a part of 18 unit SFR portfolio. MLS Number:
31400265
Unit Size
2,244 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$87
Property Type
House
Property Taxes
$214
HOA Dues
-
Year Built
1941
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 6 months ago (HAR #31400265)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 8, 2024 | Sold | ||
| Sold | |||
| Apr 5, 2024 | In contract | - | |
| In contract | |||
| Mar 15, 2024 | Listed by Realty Right | $195,000 | |
| Listed by Realty Right | |||
| | |||
|
Welcome to 265 Owens, CURRENTLY TENANT OCCUPIED and being rented as a Co-Living home. It is a fantastic turn-key investment opportunity in a prime location. This property boasts 10 bedrooms and 4 bathrooms, perfect for a co-living / multi gen family / group home / assisted living / senior care / or other arrangements for amazing rental income. With some TLC and a little bit of elbow grease, this fixer-upper has incredible potential for a savvy investor. The tenant-occupied home is a landlord's dream, offering massive cashflow and value-add opportunities. Under new management and ready to make you mint. Don't miss out on this chance to turn this diamond in the rough into a shining gem. This home can be purchased by itself or as a part of 18 unit SFR portfolio. MLS Number: 31400265
| |||
Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Northeast Houston
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Erick Harbert, Realty Right
Last Updated: 6 months ago
Data Source: HAR , MLS# 31400265
Copyright © 2026, Houston Realtors Information Service, Inc. Information provided is 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. All information provided is deemed reliable but is not guaranteed and should be independently verified.
Last Updated: 6 months ago
Data Source: HAR , MLS# 31400265
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017