9002 Ilona Ln #8, Houston, TX, 77025
About This Home
Prime investment opportunity 2.5 miles from NRG Stadium and 3.5 miles from the Texas Medical Center. This 8-unit multifamily, renovated in 2016, offers stable rental potential in a high-demand corridor. Features include double-pane windows, roofs within the last 18 months, and multiple updated AC units. 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.
Getting Around
Somewhat Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1955
Materials
- Roof: Composition
- Construction materials: Brick,Cement Siding,Wood Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Range
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Features
- Flooring: Laminate,Tile,Wood
Heating & Cooling
- Heating features: Electric
- Cooling features: Electric
Interior Area
- Total structure area: 7,274
- Total interior livable area: 7,274 sqft
Property
Details
- Parcel number: 0830580000002
Features
- Stories: 2
Lot
- Lot size: 9,718 sqft
Parking
- Parking features: Driveway Gate
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Inland Flooding
- Tornado
- Cold Wave
- Hurricane
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $5,992 | $71,904 |
| Home Insurance * | $1,176 | $14,112 |
| Property Taxes | $1,970 | $23,640 |
| Electricity | $798 | $9,584 |
| Total | $9,936 | $119,232 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-12 | Listing removed | $1,185,000 |
| 2026-05-12 | Price change | $1,185,000 |
| 2026-03-04 | Listed for sale | $1,440,000 |
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