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    3431 Lantern Ln, Unit 4 Baytown, TX 77521

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    For Sale
    $425,000

    Four-unit property in Baytown with furnished, occupied apartments.

    Lot size:
    0.40 Acres

    Property Features for 3431 Lantern Ln

    General Information

    Lot size
    0.40 Acres

    Building Details

    Year built
    1980

    Source: Stupa Realty Inc Agent Joe Canas

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Baytown Fourplex with Furnished Units

    This property features a four-plex located in Baytown. It comprises four one-bedroom units, each equipped with its own covered parking space and an outdoor storage closet. The units include a large bedroom, living area, kitchen, and bathroom. Each unit is furnished with a washer/dryer and refrigerator. All units are currently occupied, with rents at $900, which are scheduled to increase this year. All units are under one-year leases. Two of the units are under Baytown Housing, and are Baytown Housing Certified and City of Baytown permitted.
    Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Baytown
    County
    Chambers
    State
    Texas
    Longitude
    -95.002106
    Latitude
    29.773643

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    FAQs

    What type of property is this?
    Quadplex - Four-unit property in Baytown with furnished, occupied apartments.
    Where is this quadplex located?
    The property is located at 3431 Lantern Ln, Unit 4 Baytown, TX.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: - Four spacious, fully-furnished one-bedroom units, each with a washer/dryer and refrigerator.; - All units are currently occupied, providing immediate rental income.; - Two units are under Baytown Housing, ensuring consistent occupancy and income.
    (713) 498-8197
    Request Owner's contact information
    3431 Lantern Ln, Unit 4 Baytown, TX 77521
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3431 Lantern Ln, Unit 4 Baytown, TX 77521
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