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    2423 Emancipation Ave, Unit 2 Houston, TX 77004

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    For Sale
    $695,000

    Income-producing property with retail and residential units in Houston.

    Lot size:
    0.11 Acres

    Property Features for 2423 Emancipation Ave

    General Information

    Lot size
    0.11 Acres

    Building Details

    Year built
    1960

    Source: KingFay Inc Agent Ye Sun

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

    Overview

    Houston Mixed-Use Investment Opportunity

    This income-producing mixed-use property is located in a high-traffic area of Houston. The building includes two street-level retail storefronts and a four-bedroom apartment on the second floor. All units are currently occupied and generating rental income. The property's location and layout offer potential for value appreciation and long-term growth, presenting an opportunity for investors seeking cash flow or those looking to maximize future returns.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.3632
    Latitude
    29.7248

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    FAQs

    What type of property is this?
    Mixed-use property - Income-producing property with retail and residential units in Houston.
    Where is this mixed-use property located?
    The property is located at 2423 Emancipation Ave, Unit 2 Houston, TX.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: - Prime location in a vibrant, high-traffic Houston neighborhood.; - Income-producing property with consistent rental income.; - Fully occupied with a strong tenant base.
    (832) 907-7998
    Request Owner's contact information
    2423 Emancipation Ave, Unit 2 Houston, TX 77004
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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
    2423 Emancipation Ave, Unit 2 Houston, TX 77004
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