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B+
NoAgentList RatingHow are grades calculated? Info

$446,000

2050 Marnel Rd, Houston, TX, 77055

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,108 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$213.47 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Electric Oven, Oven, Microwave, Gas Range, Dishwasher, Dryer
FlooringWood

Exterior

Exterior FeaturesOutdoor Kitchen
Lot Size8,934 sqft

Building Information

Year Built1950
Stories1
Garage Spaces1

Land Information

APN0805320000036
Lot Number36
SubdivisionRidgecrest
Land UseResidential
Legal DescriptionLT 36 BLK 3 RIDGECREST SEC 4
Census Tract520604
Assessed Land Value$221,873
Assessed Improvement Value$146,527
Assessment Year2025

About this property

Square footage includes the guest house living space. Opportunity for a buyer to hit the jackpot. 200K+ spent on comprehensive,down to the studs, renovation (2023). Totally&tastefully remodeled, by original owners, from top to bottom, inside and out. All high dollar items have been replaced. Costly items like roof, efficient double paned windows, HVAC, Pex plumbing, electrical panel, all recent. Multiple gathering areas include an expansive covered front porch.Inside discover a dream kitchen featuring granite countertops, stainless steel appliances including oversized gas range&refrigerator that will convey. Through double glass doors a backyard staycation awaits. A covered patio with a fully equipped summer kitchen and TV beckons for entertaining. A PRISTINE luxurious hot tub for unwinding. Lush landscaping surrounds a koi pond. Guest house, also fully remodeled, is replete with a full island kitchen, private back deck & a murphy bed. Whole house generator. All furnishings negotiable.

Investor Tools

Property Icon
$446,000
Estimated Property Value
$405,000Estimated Mortgage Balance
$0Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$197/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$136
$368,400
2025
$221,873
$146,527
$368,400
No

Tax History

Year
Tax Paid
Assessed Value
2024
$136
$368,400

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$405,000
No
First
Sep 12, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$800,554
N/A
0%
179%
$4,858/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$4,858/mo
$-3,136/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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2050 Marnel Rd | Property Details | No Agent List