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For sale
    • $1,185,000

    9002 Ilona Ln #8, Houston, TX 77025

    2beds
    7,274sqft
    : 
    $8,578/mo
    Get pre-qualified
    Multi Family
    Built in 1955
    -- sqft lot
    $-- Zestimate®
    $163/sqft
    $-- HOA

    What's special

    Central air and heat
    Prime investment opportunity 2.5 miles from NRG Stadium and 3.5 miles from the Texas Medical Center. This 8-unit multifamily was last renovated in 2016. With your vision and TLC. it has the ability to garner steady rental income. The units are all double-paned and have central air and heat. This investment is situated across from Linkwood Park, enhancing tenant appeal. The property can be purchased alone or combined with 8910 Ilona for a 13-unit portfolio. Zoned to Longfellow Elementary (Fine Arts Magnet) and Bellaire High School (A-rated). St. Nicholas School is nearby and offers a multilingual curriculum. A rare chance to acquire well-maintained units in a strong rental location.
    72 days
    |
    81
    |
    2
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Karlus DiVine TREC #0481540 832-724-7807,

    Masters Realty

    Source: HAR,MLS#: 79330552MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Electric
      Cooling
      • Electric
      Appliances
      • Included: Range
      Features
      • Flooring: Laminate, Tile, Wood
      Interior area
      • Total structure area: 7,274
      • Total interior livable area: 7,274 sqft

      Property

      Parking
      • Parking features: Driveway Gate
      Features
      • Stories: 2
      Lot
      • Size: 9,718 Square Feet
      Details
      • Parcel number: 0830580000002

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Brick, Cement Siding, Wood Siding
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1955

      Utilities & green energy

      • Utilities for property: Separate Meters, Electricity Available, Natural Gas Connected, Water Connected

      Community & HOA

      Community
      • Subdivision: Braes Manor Sec 01
      Location
      • Region: Houston

      Financial & listing details

      • Price per square foot: $163/sqft
      • Tax assessed value: $977,143
      • Annual tax amount: $20,445
      • Date on market: 5/12/2026
      • Listing terms: Cash,Conventional,Investor
      • Lease term: 1 Year

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,340/mo

        Price history

        DateEventPrice
        5/15/2026Listed for sale$1,185,000$163/sqft
        Source: HAR #79330552 Report a problem
        5/12/2026Listing removed$1,185,000$163/sqft
        Source: HAR #20887185 Report a problem
        5/12/2026Price change$1,185,000-17.7%$163/sqft
        Source: HAR #20887185 Report a problem
        3/4/2026Listed for sale$1,440,000$198/sqft
        Source: HAR #20887185 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$19,801 -6.7%$977,143 -3.7%
        2024$21,221 +4.2%$1,014,211 -4.3%
        2023$20,367 +3.6%$1,059,360 +18.6%
        2022$19,667 $893,175 +8.2%
        2021-- $825,523 +5.4%
        2020-- $783,526 +30.5%
        2019$14,536 +0.9%$600,253 +3.7%
        2018$14,402 $578,821 +1.5%
        2017$14,402 +60.3%$570,080 +60.5%
        2016$8,983 +7.5%$355,268 +7.1%
        2015$8,355 $331,593 -4.7%
        2014$8,355 $347,862 +8.8%
        2013-- $319,862 -1.6%
        2011-- $325,003 +18.6%
        2010-- $274,000 -5.8%
        2009-- $290,960 -0.9%
        2008-- $293,455 +49.5%
        2007-- $196,255 +6.6%
        2006-- $184,040 -12.5%
        2005-- $210,440 +13.8%
        2004-- $185,000 -16.9%
        2003-- $222,490 +79.8%
        2002-- $123,750
        2001-- $123,750 +16.1%
        2000-- $106,610
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: Braeswood Place

        Getting around

        60 / 100
        Somewhat Walkable
        42 / 100
        Some Transit
        64 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Longfellow Elementary School (Houston)
        • Middle: Pershing Middle School
        • High: Bellaire High School

        Source: HAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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