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$2,250

1702 Ruth St, Houston, TX, 77004

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths1,979 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.14 / sqft
Year BuiltBuilt in 1928

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Microwave, Electric Range, Dishwasher
FlooringTile, Wood

Exterior

Lot Size8,250 sqft

Building Information

Year Built1928
Stories1
Garage Spaces1

Land Information

APN0521390000007
Lot Number8
SubdivisionAlmeda Place
Land UseResidential
Legal DescriptionLT 8 & TR 7 BLK 5 ALMEDA PLACE
Census Tract312603
Assessed Land Value$529,375
Assessed Improvement Value$21,625
Assessment Year2025

About this property

Welcome to 1702 Ruth Street, a charming 3-bedroom, 1-bathroom home offering approximately 1,979 square feet of living space on a spacious 8,250-square-foot lot in Houston's desirable 77004 area. This one-story residence features classic character, a welcoming layout, fireplace, central air and heating, additional parking area. The property offers the distinctive charm and character of an established Houston neighborhood while providing convenient access to some of the city's most popular destinations. Ideally located near the Texas Medical Center, Museum District, Downtown Houston, Midtown, universities, restaurants, entertainment, and major thoroughfares. The generous lot provides valuable outdoor space and additional flexibility rarely found with many Inner-Loop rental properties. A great opportunity for tenants seeking a centrally located home with character, space, and convenient access to Houston's employment, cultural, dining, and entertainment centers.

Investor Tools

$0Estimated Mortgage Balance
$551,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,306 /month
Positive
Cash Flow Estimate:
$1,102 /month

Interested in this property?

Gerald Womack

Womack Development & Investment Realtors

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,238/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,103
$551,000
2025
$529,375
$21,625
$551,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,103
$551,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$551,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
2.8%

Learn About the Market: Opportunity in Houston

Local Market Pages
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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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1702 Ruth St | Property Details | No Agent List