8437 Catalina Ln Houston, TX 77075
Greater Hobby Area NeighborhoodEstimated payment $2,173/month
Highlights
- 19,133 Sq Ft lot
- Central Heating and Cooling System
- 1-Story Property
- Corner Lot
About This Home
Welcome to this cash-flowing gem designed for the savvy investor. This well-maintained triplex offers the ultimate "set it and forget it" convenience with all bills paid, making it highly attractive to quality tenants. The heavy lifting has already been done for you. The foundation is already complete in the back, and the sale includes City-Approved plans for a brand-new duplex. Once finished, this addition is projected to generate an additional $1,500/month in rental income, transforming this property into a high-yield five-unit portfolio. Whether you are looking to expand your current holdings or start your real estate journey with built-in equity and growth, this property is a rare find. Don't wait for the opportunity to build—the foundation is already laid for your success!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,118
Year Built
- Built in 1966
Lot Details
- 0.44 Acre Lot
- Corner Lot
Home Design
- Triplex
- Composition Roof
Interior Spaces
- 1,910 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Schools
- Deanda Elementary School
- Thomas Middle School
- Sterling High School
Utilities
- Central Heating and Cooling System
- Heating System Uses Gas
Community Details
Overview
- Houston Skyscraper Shadows Sec Subdivision
Building Details
- Operating Expense $19,600
- Gross Income $40,800
- Net Operating Income $21,200
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,118 | -- | -- | -- |
| 2024 | $6,118 | $292,401 | $181,132 | $111,269 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/04/2026 02/04/26 | For Sale | $320,000 | +20.8% | $168 / Sq Ft | |
| 12/22/2023 12/22/23 | Sold | -- | -- | -- | View Prior Sale |
| 12/19/2023 12/19/23 | Pending | -- | -- | -- | |
| 09/17/2023 09/17/23 | For Sale | $265,000 | -- | $139 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Texas American Title Company | |
| Deed | -- | South Land Title Company | |
| Deed | -- | South Land Title | |
| Deed | -- | South Land Title | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $148,000 | New Conventional | |
| Previous Owner | $127,400 | New Conventional | |
| Previous Owner | $196,000 | New Conventional |
Source: Houston Association of REALTORS®
MLS Number: 40883024
APN: 0772790050023
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The 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.
Information is deemed reliable but not guaranteed.
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