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$1,361,302

NAL Estimated Property Value

2030 Persa St, Houston, TX, 77019

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths2,431 Sq Ft
price_per_sqft$431.92 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Gas Oven, Gas Range, Dishwasher, Refrigerator
FlooringTile, Wood

Exterior

Lot Size6,103 sqft

Building Information

Year Built1960
Stories1
Garage Spaces2

Land Information

APN0622020050009
Lot Number9
SubdivisionMelanie Court
Land UseResidential
Legal DescriptionLT 9 & TR 8A BLK 5 MELANIE COURT
Census Tract411100
Assessed Land Value$861,300
Assessed Improvement Value$500,002
Assessment Year2025

About this property

This home in the River Oaks area is ideal as a starter home, home, or "pied-a-terre". Perfect for someone desiring a stylish home “on the ground” level. The floor plan centers around an interior atrium. Front room features a study or den area, which flows to a large living area. Nicely updated kitchen with stone countertops and stainless appliances. Primary bedroom offers a walk-in closet, en-suite bath, and access to an adjacent extra room that can serve as a home office; or convert to an additional bedroom. Floors are a mixture of parquet hardwoods and terra cotta tile. Generous backyard slate patio for outdoor entertaining. Situated on a 6,100 sq. ft. lot (per HCAD) on the corner of Persa and Avalon, this site would also be ideal for building one single family home. The home in its current state needs some love! Great opportunity to renovate; or build something new on this great lot in Melanie Court. It is also zoned to River Oaks Elementary School.

Investor Tools

Property Icon
$1,361,302
Estimated Property Value
$740,984Estimated Mortgage Balance
$620,318Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,168 /month
Positive
Cash Flow Estimate:
$2,723 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,957/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$28,681
$1,361,302
2025
$861,300
$500,002
$1,361,302
No

Tax History

Year
Tax Paid
Assessed Value
2024
$28,681
$1,361,302

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$780,000
No
First
Jan 2, 2023
Feb 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$740,984
$620,318
45%
54%
$4,308/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$4,308/mo
$-968/mo
2.9%

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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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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2030 Persa St | Property Details | No Agent List