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$778,000

2006 Elmen St, Houston, TX, 77019

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths880 Sq Ft
QuadruplexQuadruplex
price_per_sqft$1.7 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
AppliancesElectric Range, Dryer, Refrigerator, Washer
FlooringWood

Exterior

Lot Size5,001 sqft

Building Information

Year Built1940

Land Information

APN0520510200010
Lot Number10
SubdivisionHyde Park Main
Land UseResidential
Legal DescriptionLT 10 BLK 20 HYDE PARK MAIN
Census Tract410401
Assessed Land Value$625,000
Assessed Improvement Value$132,227
Assessment Year2025

About this property

If looking for location, this is the perfect one!! In the heart of Montrose and River Oaks. Cozy place in a quiet neighborhood, first floor unit, refrigerator is included, water service is included, 1 parking spot is included. Contact agent for more info and/or schedule your private tour!

Investor Tools

Property Icon
$778,000
Estimated Property Value
$515,000Estimated Mortgage Balance
$272,069Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,668 /month
Positive
Cash Flow Estimate:
$1,556 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,519/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,338
$757,227
2025
$625,000
$132,227
$757,227
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,338
$757,227

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Affinity Llc
Conventional
$515,000
No
First
May 28, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$505,931
$262,069
34%
65%
$3,088/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$3,088/mo
+$252/mo
5.2%

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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2006 Elmen St | Property Details | No Agent List