2434 FIRNAT ST, Houston, TX 77093
25-site manufactured housing community with tenant-owned homes and vacant infill sites for lease-up.
- Added:
- Jun 17, 2026
- Days on Market:
- 4
- Last Refresh:
- Jun 20 at 4:22 am
Property Features for 2434 FIRNAT ST
General Information
- Standard status
- Active
- Size
- 1,847 SF
- Property subtype
- Multifamily, Mobile Home Park
Building Details
- Year Built
- 1950
Listing agent Nick McMillan License #00000
Listing office eXp Commercial
Listing date Jun 17, 2026
Source Crexi
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HighLights
- 25‑site manufactured housing community in Houston, TX, with 17 tenant‑owned homes, 2 occupied park‑owned homes, and 1 single‑family residence
- Current occupancy is 80% economically occupied, with rents including average $695/mo lot rent for tenant‑owned homes
- Includes 5 vacant sites for infill; 2 have full infrastructure, and 3 require meters added to water spigots
- City water and city sewer are included in tenant rents; trash is billed to residents and electric is separately metered and tenant‑paid
- As of June 2026: outstanding loan balance approx. $969,015; monthly payments $5,996; 6.0% interest; ~28 years amortization; balloon due Dec 2031
- Current operations: approx. $186,793 annual gross income and approx. $117,309 NOI
Overview
The community is located in Houston, Texas, at 2434 Firnat St.
The offering is structured for an owner-operator or investor seeking immediate in-place income and the ability to drive results through infill and occupancy improvement. Current operations generate approximately $186,793 in annual gross income and approximately $117,309 in Net Operating Income (NOI). A new owner may also be able to assume the existing financing currently in place, with an outstanding loan balance of approximately $969,015, monthly payments of $5,996, a 6.0% interest rate, approximately 28 years remaining on amortization, and a balloon payment due in December 2031.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Fort Bend
- State
- Texas
- Longitude
- -95.3466864
- Latitude
- 29.841398