For sale

$425,000

11862 Padok Rd, Houston, TX 77044

3beds

1,512sqft

$3,629/mo

Get pre-qualified

Multi Family

Built in 1994

-- sqft lot

$414,500 Zestimate^®

$281/sqft

$-- HOA

What's special

Leased storage containersNearly an acreAmple parkingIndividual fenced yardsDedicated drivewaySeparate parking

Unlock the potential of this income-producing investment just 1 mile east of the new Eli Lilly development in Generation Park! Situated on nearly an acre, this versatile property offers multiple existing income streams and added potential for future revenue. Two tenant-occupied mobile homes feature individual fenced yards and separate parking, while the fully fenced, recently graveled rear half-acre offers a dedicated driveway and flexible use options. Leased storage containers provide additional income, and ample parking creates further potential for subleasing or personal use. With income already in place and a location near significant new development, this property is a compelling opportunity for investors seeking versatility and long-term potential. Schedule your private showing today!

12 days
105
9

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Electric

Cooling

Ceiling Fan(s), Electric

Appliances

Included: Range, Microwave, Refrigerator
Laundry: Washer/Dryer Connections

Features

Flooring: Carpet, Laminate

Interior area

Total structure area: 1,512
Total interior livable area: 1,512 sqft

Property

Parking

Parking features: Electric Gate, Paved, More Than Two Parking Units

Features

Stories: 1
Fencing: Fenced

Lot

Size: 0.93 Acres
Features: Cleared, 1/2 Up to 1 Acre

Details

Parcel number: 0502050000114

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Vinyl Siding
Roof: Composition

Condition

New construction: No
Year built: 1994

Utilities & green energy

Utilities for property: Cable Connected, Electricity Available, Water Connected

Community & HOA

Community

Subdivision: Lincoln Park Farms

Location

Region: Houston

Financial & listing details

Price per square foot: $281/sqft
Tax assessed value: $372,143
Annual tax amount: $4,482
Date on market: 10/23/2026
Listing terms: Cash,Conventional,Investor
Lease term: 1 Year

Estimated market value

$414,500

$394,000 - $435,000

$1,637/mo

Price history

Date	Event	Price
10/23/2026	Listed for sale	$425,000+37.1%$281/sqft
Source: HAR #44641573 Report a problem
10/19/2026	Listing removed	$1,500$1/sqft
Source: HAR #74595046 Report a problem
10/9/2026	Listed for rent	$1,500$1/sqft
Source: HAR #74595046 Report a problem
11/11/2023	Listing removed	--
Source: HAR #63687180 Report a problem
9/27/2023	Pending sale	$310,000$205/sqft
Source: HAR #63687180 Report a problem
7/26/2023	Listed for sale	$310,000$205/sqft
Source: HAR #63687180 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,577 +15.9%	$372,143 +45.6%
2024	$2,223 +12630.1%	$255,639 -1.8%
2023	$17 +96.4%	$260,308 +98.4%
2022	$9	$131,222
2021	--	$131,222
2020	$5 +36.5%	$131,222
2019	$4 -99.1%	$131,222 +65.1%
2018	$437	$79,487
2017	$437 +15.3%	$79,487
2016	$380 -9.8%	$79,487 +181.3%
2015	$421	$28,255
2014	$421	$28,255
2013	--	$28,255
2012	--	$28,255 -15.4%
2011	--	$33,416
2010	--	$33,416
2009	--	$33,416 -2.1%
2008	--	$34,144
2007	--	$34,144 -3%
2006	--	$35,200
2005	--	--