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$502,057

117 E 2nd St, Houston, TX, 77007

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,181 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$201.7 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Double Oven, Electric Oven, Gas Cooktop, Refrigerator, Dishwasher, Washer/Dryer
FlooringTile, Wood

Exterior

Lot Size2,091 sqft

Building Information

Year Built2013
Garage Spaces2

Land Information

APN1302140010008
Lot Number8
SubdivisionMadison Park Villas
Land UseResidential
Legal DescriptionLT 8 BLK 1 MADISON PARK VILLAS
Census Tract510202
Assessed Land Value$177,650
Assessed Improvement Value$324,407
Assessment Year2025

About this property

Phenomenal 4 story town home with a spacious fully fenced front yard & Rooftop deck w/ amazing downtown views. Gated community with private access to White Oak Bayou Trail. Chef's kitchen with granite counter tops, Bosch stainless steel appliances, walk in pantry, and tons of countertop space. Hardwood flooring throughout home, no carpet. High Ceilings, Plantation shutters, Corner unit with tons of natural lighting, Open concept floor plan is fantastic for entertaining. 3rd Floor is primary suite, spacious bedroom with sitting area, primary bath features frameless shower, garden tub, huge vanity and custom crafted closets outfitted by California Closets. This location can’t be beat! Heights walkability at its best, tons of restaurants, shops, groceries and more a short walk away. Minutes to Downtown, Memorial Park and Galleria. Must See!

Investor Tools

Property Icon
$502,057
Estimated Property Value
$397,600Estimated Mortgage Balance
$107,340Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,012 /month
Positive
Cash Flow Estimate:
$1,004 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$794/month
$1,850/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,019
$502,057
2025
$177,650
$324,407
$502,057
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,019
$502,057

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Loan Star Inc
Va
$397,600
Yes
First
Dec 9, 2025
Feb 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$394,717
$107,340
21%
79%
$2,384/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$4,234/mo
$-1,654/mo
6.2%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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117 E 2nd St | Property Details | No Agent List