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$5,900

$6,500

1951 Lexington St, Houston, TX, 77098

On MarketInfo
LeaseInfo
Price DropInfo
Beds3 Beds
Baths4 Bath
Baths2,030 Sq Ft
price_per_sqft$2.91 / sqft
Year BuiltBuilt in 1938

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dryer Included, Refrigerator Included, Washer Included, Water Softener, Electric Oven, Microwave, Gas Range, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher
FlooringWood

Exterior

Lot Size6,247 sqft

Building Information

Year Built1938

Land Information

APN0571270000004
Lot Number4
SubdivisionRichmond Place
Land UseResidential
Legal DescriptionLT 4 BLK 7 RICHMOND PLACE
Census Tract410900
Assessed Land Value$551,250
Assessed Improvement Value$623,750
Assessment Year2025

About this property

Experience the convenience of this beautifully updated 3-bedroom, 3.5-bath home located in one of Houston's most desirable inner-loop locations. Thoughtfully designed for comfort and functionality, this move-in-ready home features spacious living areas, stylish furnishings, abundant natural light, and private ensuite baths for each bedroom. Whether you're relocating, on an extended work assignment, or simply looking for a turnkey lease, everything you need is already in place. Enjoy quick access to the Texas Medical Center, Downtown Houston, Rice University, Montrose, and Upper Kirby, placing Houston's top dining, shopping, entertainment, and cultural attractions just minutes away. The flexible floor plan offers plenty of space to relax, work from home, and entertain guests. With modern updates, a low-maintenance lifestyle, and a prime location near major employers and city conveniences, this fully furnished lease provides the perfect blend of comfort, accessibility, and urban living.

Interested in this property?

Elisa Gonzalez

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,597/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,284
$1,175,000
2025
$551,250
$623,750
$1,175,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,284
$1,175,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Aegis Funding Corp
Fannie Mae/Freddie Mac (Phased Out Keying In 2008 Because Fannie Mae Does Not Originate Loans Directly To Borrowers Or Investors. Most "New Conventional" Loans Meet Their General Underwriting Guidelines.)
$228,000
No
First
Oct 4, 2005
Nov 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$146,168
$1,028,832
87%
12%
$1,803/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$1,803/mo
+$777/mo
2.6%

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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1951 Lexington St | Property Details | No Agent List