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$1,250,000

2030 Southgate Blvd, Houston, TX, 77030

PendingInfo
Beds3 Beds
Baths4 Bath
Baths3,440 Sq Ft
price_per_sqft$363.37 / sqft
Year BuiltBuilt in 1966

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Refrigerator Included, Wine Refrigerator, Double Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Slate, Tile, Wood

Exterior

Lot Size7,501 sqft

Building Information

Year Built1966
Garage Spaces2

Land Information

APN0641010210024
SubdivisionSouthgate
Land UseResidential
Legal DescriptionTRS 23A & 24 BLK 21 SOUTHGATE
Census Tract412201
Assessed Land Value$770,000
Assessed Improvement Value$64,513
Assessment Year2025

About this property

RENOVATION OPPORTUNITY — PRICED TO REFLECT CONDITION. A rare chance to restore an architectural original by Lucian T. Hood, Jr., one of Houston's most influential mid-century residential architects. This significant home sits on a wide boulevard within easy walking distance of the Med Center and Rice University. The first floor features a two-story entry with curved floating stairway, formal living and dining rooms, private office with built-in bookcases, and primary bedroom with two separate bathrooms. A wet bar in the foyer, brick patio accessible from the living room or primary bedroom, and spacious eat-in kitchen complete the first floor. Upstairs, two large bedrooms are joined by a Hollywood bath. Over the two-car garage is a bonus room with ¾ bath and separate entrance. With its Lucian T. Hood pedigree and generous floor plan, this home is a rare canvas to refresh and put your stamp on an architectural original in one of Houston's most coveted neighborhoods.

Investor Tools

$1,776,896Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,722 /month
Positive
Cash Flow Estimate:
$2,574 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$852/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,786
$834,513
2025
$770,000
$64,513
$834,513
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,786
$834,513

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Finance Of America Reverse Llc
Reverse Mortgage / Hecm
$1,917,195
No
First
Jun 1, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,776,896
N/A
0%
138%
$11,495/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,330/mo
$11,495/mo
$-9,165/mo
2.2%

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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2030 Southgate Blvd | Property Details | No Agent List