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$654,000

NAL Estimated Property Value

2115 State St, Houston, TX, 77007

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths932 Sq Ft
DuplexDuplex
price_per_sqft$1.61 / sqft
Year BuiltBuilt in 1910

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher

Exterior

Lot Size3,999 sqft

Building Information

Year Built1910
Stories2

Land Information

APN0051940000010
SubdivisionBaker W R Nsbb
Land UseResidential
Legal DescriptionTR 10 BLK 409 BAKER W R NSBB
Census Tract510201
Assessed Land Value$288,000
Assessed Improvement Value$112,000
Assessment Year2025

About this property

This beautiful historic home is located in the lovely 6th ward minutes away from lively Washington Avenue, Eleanor Tinsley Park, Downtown Houston, Houston Heights, Montrose, and much more. The location could not get any better. With a beautiful backyard, perfect for someone who enjoys gardening or relaxing outside. The property comes with all appliances. Landlord pays water.

Investor Tools

Property Icon
$654,000
Estimated Property Value
$369,177Estimated Mortgage Balance
$284,823Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,924 /month
Positive
Cash Flow Estimate:
$1,308 /month

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Financing Details

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

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,211
$400,000
2025
$288,000
$112,000
$400,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,211
$400,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dennis G Doughty
Seller Carryback / Seller Financing / Seller Take-Back
$390,000
No
First
Jun 1, 2023
Jun 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$369,177
$615,823
62%
56%
$2,339/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$2,339/mo
+$1,001/mo
6.1%

City: Houston

2115 State St | Property Details | No Agent List