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$516,000

NAL Estimated Property Value

2015 Converse St, Houston, TX, 77006

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,690 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.33 / sqft
Year BuiltBuilt in 1980

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

Exterior

Lot Size1,198 sqft

Building Information

Year Built1980
Stories2
Garage Spaces1

Land Information

APN0370750000012
SubdivisionPeople Places T/H U/R
Land UseResidential
Legal DescriptionTR 6B BLK 11 PEOPLE PLACES T/H U/R WESTON
Census Tract410501
Assessed Land Value$108,000
Assessed Improvement Value$141,394
Assessment Year2025

About this property

Clean and cute 2 bed, 2.5 bath town home. Hard woods down and carpet up. Nice flex space at top of stairs suitable for use as a study or sitting area. Washer/dryer, dishwasher, microwave, 2 car garage. And then of course, the fabulous location in Montrose. Cute bungalows along neighboring streets. Pets welcome - case by case. NO YARD SPACE. Each bedroom has a private bath- NOTE ROOM SIZES. (A/C and water heater and electric box replaced 2018).

Investor Tools

Property Icon
$516,000
Estimated Property Value
$213,106Estimated Mortgage Balance
$302,894Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,096 /month
Positive
Cash Flow Estimate:
$1,032 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$714/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,984
$249,394
2025
$108,000
$141,394
$249,394
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,984
$249,394

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Calcon Mutual Mortgage Llc
Conventional
$237,000
No
First
Feb 4, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$213,106
$348,894
62%
41%
$1,421/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$1,421/mo
+$539/mo
4.6%

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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2015 Converse St | Property Details | No Agent List