Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Copied
Photo
Copied
Photo
Photo
Photo
Photo
See all photos

$155,000

Sale Pending
8806 Union St, Needville, TX 77461
3 Beds
0 Baths
1,792 Square Feet
0.00 Acres Lot
Built in 1975
Sale Pending
Units n/a
Checked: 1 day ago
Updated: Jun 16, 2025 at 03:22AM

Investment Summary


Monthly Cash Flow
$0
Cap Rate
6.3%
Cash-on-Cash Return
0.0%
Debt Coverage Ratio
1.00
Internal Rate of Return (5 years)
0.0%

Property Description


0.00 Acres Lot
Built in 1975
Sale Pending
Units n/a

Great investment opportunity in the growing city of Needville! This home is located just over a half mile away from Needville Elementary School, about a block away from Lowe's Market (local grocery store), close to Boutiques, Restaurants, Doctor Offices, Post Office, Daycares, and More. The home has 3 Bedrooms and 1 Full bathroom, Nice sized living room with vaulted ceiling and is open to the kitchen, a kitchen with island, and a flex room. This home is situated on 2.5 lots providing a very nice sized yard for family and friends to gather and enjoy. The back yard is fenced and provides a covered patio. Although this home needs some love and cosmetic work, there have been some updates that are beneficial such as roof replacement in '18 (front) & '19 (back), and heater replaced in 2020. Foundation repairs were done in 2000; ask your agent to see attachments for the documents.

Build Your Team


Quickly find investor-friendly professionals who can help you succeed in real estate investing at any stage of the investing journey.

Agents

Match with investor-friendly agents who can help you find, analyze, and close your next deal

Find an Agent

Lenders

Get the best funding…find investor-friendly lenders who specialize in your deal strategy

Find a Lender

Property Managers

Transition to passive investing. Find a trusted property management partnership that lasts.

Find a Property Manager

Tax Pros & Accountants

Taxes and financial reporting made easy—find experts to create tax savings strategies, file taxes, and more

Find a Tax Pro

Location


Property Details


Parking

  • Description: Attached, Garage
  • Details: Attached
  • Garage Spaces: 1
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 3

Bathroom Information

  • # of Baths (Full): 1
  • # of Baths (Total): 0.0

Interior Features

  • # of Rooms: 6
  • # of Stories: 1
  • Fireplace: Yes

Exterior Features

  • Exterior Walls Materials: Brick Veneer
  • Foundation: Slab
  • Roof Type: Gable
  • Roof Material: Composition

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 1270000000470906
  • Lot Size: 0 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Traditional
  • Year Built: 1975

Tax Information

  • Annual Tax: $3,542

Utilities

  • Water & Sewer: Public
  • Heating: Electric, Central
  • Cooling: Central Air

Location

  • County: Fort Bend

Listing Details


Listed by:
Sasha Lester
RE/MAX Opportunities
(979) 709-2610

Source:
Houston Association of REALTORS
MLS#: 51305457
Houston Association of REALTORS

Investment Summary


Monthly Cash Flow
$0
Cap Rate
6.3%
Cash-on-Cash Return
0.0%
Debt Coverage Ratio
1.00
Internal Rate of Return (5 years)
0.0%

Purchase Details

Find an Agent

Purchase price:
$155,000
Amount financed:
-$124,000
Down payment:
$31,000
Closing costs:
$4,650
Rehab costs:
$0
Initial cash invested:
$35,650
Square feet:
1,792
Cost per square foot:
$87
Monthly rent per square foot:
$0.89

Financing Details

Find a Lender

Loan amount:
$124,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.810%
Principal & interest:
$809
Property tax:
$295
Insurance:
$112
Private mortgage insurance (PMI):
$0
Monthly payment:
$1,216

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$1,600 $19,200
Vacancy loss: (6%)
6% -$96 -$1,152
Operating income:
$1,504 $18,048

Operating Expenses


% Rent Monthly Yearly
Property taxes: (18%)
18%-$295-$3,542
Insurance: (7%)
7%-$112-$1,344
Property management: (8%)
8%-$128-$1,536
Repairs & maintenance: (5%)
5%-$80-$960
Capital expenditures: (5%)
5%-$80-$960
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (43%)
43%-$695-$8,342

Cash Flow


Monthly Yearly
Net operating income:
$809 $9,708
Mortgage payments:
-$809 -$9,708
Cash flow:
$0 $0