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$746,000

NAL Estimated Property Value

2047 Sheridan St, Houston, TX, 77030

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths2,952 Sq Ft
DuplexDuplex
price_per_sqft$0.74 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Range, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher
FlooringTile, Wood

Exterior

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

Location, location! Medical center walking distance to this CHARMING 2 bedroom, 1.5 bath with a one car garage! Wood flooring throughout (except for kitchen and baths). Large living area, dining and half bath down! Large kitchen with a lot of cabinet space! Refrigerator, washer/dryer included! Two bedrooms up w an updated bath (slate tile) and mod wall sconces! Peaceful green grass yard surrounds you! Walk to the medical center, or a short drive to downtown, Galleria! Zoned to Roberts Elementary school (walk your child to school!).

Investor Tools

Property Icon
$746,000
Estimated Property Value
$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
$4,476 /month
Positive
Cash Flow Estimate:
$1,492 /month

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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
$553,169
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 Sheridan St | Property Details | No Agent List