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Days11Days on Market
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$895,000

2047 & 2049 Sheridan Street N, Houston, TX, 77030

On MarketInfo
Just AddedInfo
CommercialInfo
Beds2 Beds
Baths2 Bath
Baths2,952 Sq Ft
Multi FamilyMulti Family
price_per_sqft$303.18 / sqft
Year BuiltBuilt in 1950

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Disposal, Dishwasher, Refrigerator
FlooringTile, Wood, Hardwood

Exterior

Exterior FeaturesPrivate Entrance
Lot Size6,717 sqft

Building Information

Year Built1950
Stories2
Garage Spaces2

Land Information

APN0641010070014
SubdivisionSouthgate
Land UseResidential
Legal DescriptionTR 14A BLK 7 SOUTHGATE SEC 3
Census Tract412201
Assessed Land Value$644,490
Assessed Improvement Value$20,000
Assessment Year2025

About this property

First time on the market. Two individual units with designated entry on both. Both have a one car garage. Manuel entry gate! Nice subdivison lot! Lovely maintained 2 bedrooms, with one full bath upstairs with a separate shower and bathtub area! Powder bath downstairs. Large kitchen with stacked washer/dryer (Full capacity)! Wood flooring througout the living area and upstairs bedrooms! Walk to the medical center!

Investor Tools

$206,831Estimated Mortgage Balance
$539,169Estimated Equity
72% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,370 /month
Positive
Cash Flow Estimate:
$1,790 /month

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Brenda Venable

Brenda Venable , An Independent Real Estate Broker

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,287/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,717
$664,490
2025
$644,490
$20,000
$664,490
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,717
$664,490

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Home Financing Unlimited Inc
Conventional
$250,000
No
First
Dec 22, 2017
Jan 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$206,831
$539,169
72%
28%
$1,499/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,770/mo
$1,499/mo
+$271/mo
2.8%

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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2047 & 2049 Sheridan Street N | Property Details | No Agent List