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$459,127

NAL Estimated Property Value

2116 Fulton St, Houston, TX, 77009

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,894 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$224.39 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringWood

Exterior

Lot Size5,001 sqft

Building Information

Year Built1940

Land Information

APN0032240000003
Lot Number3
SubdivisionAllen A C
Land UseResidential
Legal DescriptionLT 3 BLK 58-B ALLEN A C
Census Tract212300
Assessed Land Value$185,250
Assessed Improvement Value$273,877
Assessment Year2025

About this property

This is a 3 bedroom, 2 bathroom main house and a separate studio apartment for a total of 4 bedrooms and 3 bathrooms. It was a full stud-down remodel in 2019. Enough parking for 6 vehicles. The square footage of the house includes the detached studio apartment. The buyer should verify all room dimensions. House hack special live in 1 unit, rent out the other unit build long-term wealth while being in the heart of the city. This is a 2019 fully remodeled house and studio apartment. This is an investment great property that you can call your home or just sit back and collect rental income. Everything was updated in 2019 including all plumbing, electrical, and HVAC. No maintenance headaches or unexpected expenses. This opportunity is not to be missed.

Investor Tools

Property Icon
$459,127
Estimated Property Value
$305,798Estimated Mortgage Balance
$153,329Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,755 /month
Positive
Cash Flow Estimate:
$918 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,046/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,253
$459,127
2025
$185,250
$273,877
$459,127
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,253
$459,127

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$318,750
No
First
Feb 27, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$305,798
$153,329
33%
67%
$1,912/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,912/mo
$-190/mo
4.5%

City: Houston

2116 Fulton St | Property Details | No Agent List