5Days on Market

4view

$2,300

1838 Wheeler Street, Houston, TX, 77004

On Market

Just Added

Lease

2 Beds

2 Bath

1,262 Sq Ft

Condos / Townhouses

$1.82 / sqft

Built in 2004

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Refrigerator Included, Electric Oven, Microwave, Electric Range, Dishwasher

FlooringTile, Vinyl Plank

Exterior

Lot Size1,904 sqft

Building Information

Year Built2004

Garage Spaces2

Land Information

APN1248340010013

Lot Number13

SubdivisionWheeler Street T/H

Land UseResidential

Legal DescriptionLT 13 BLK 1 WHEELER STREET T/H

Census Tract312603

Assessed Land Value$137,632

Assessed Improvement Value$171,089

Assessment Year2025

About this property

Located in the heart of the highly sought-after Rice/Museum District, 1838 Wheeler is a corner-unit, two-story townhome offering modern style, comfort, and convenience. This light-filled home features wood plank luxury vinyl flooring, soaring ceilings, granite countertops in the kitchen and baths, and an open-concept layout enhanced by large windows and abundant natural light. Enjoy a private side yard and backyard—perfect for relaxing or entertaining. Recent updates include a new AC, roof, and water heater (2025), plus a new fence and fresh interior paint (2022). Ideally situated just minutes from the Texas Medical Center, Downtown Houston, world-class museums, restaurants, and entertainment. Water service is paid to the landlord and averages less than $70 per month. A rare opportunity to lease a beautifully maintained home in one of Houston's most desirable urban neighborhoods

Interested in this property?

Sheryle Campbell

Energy Realty

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$489/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,322

$308,721

2025

$137,632

$171,089

$308,721

Tax History

Year

Tax Paid

Assessed Value

2024

$4,322

$308,721

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

First Bank

Stand Alone First / Home Equity First Lien

$192,000

First

Jun 2, 2017

Jul 2047

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$381,938

N/A

124%

$2,621/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$2,621/mo

$-899/mo

6.7%

Learn About the Market: Opportunity in Houston

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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.

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