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Owner Contacts

$403,674

NAL Estimated Property Value

2119 Marion St, Houston, TX, 77009

Off Market

3 Beds

2 Bath

1,528 Sq Ft

$261.13 / sqft

Built in 1940

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher

FlooringWood

Exterior

Lot Size4,199 sqft

Building Information

Year Built1940

Stories1

Garage Spaces4

Land Information

APN0032250000014

SubdivisionAllen A C

Land UseResidential

Legal DescriptionTRS 14A & 15A BLK 58-C ALLEN A C

Census Tract212300

Assessed Land Value$173,628

Assessed Improvement Value$230,046

Assessment Year2025

About this property

Step into this charming craftsman bungalow, centrally located near downtown and all your favorite restaurants, parks and hike and bike trails. Very near Carnegie Public Library and Metro Rail. Marion Features oak hardwood floors throughout, a large kitchen with extensive granite counter space and storage, a primary bedroom with walk-in closet and spa-like bathroom with double sinks. Enjoy the convenience of a mudroom, high ceilings, and more in this lovely home. Extensive renovations in 2017 include kitchen and baths with soft close drawers, refinished oak hardwood floors, new drain lines, electrical panel, high efficiency double pane windows, new roof with radiant barrier in the attic, and new insulation, both batt and blown fiberglass. In addition the current owner added: 2018/ fence and automatic gate; 2021/ backyard deck and shed; 2022/ water filter system; 2023/ gutters; 2024/ fresh interior paint. NEVER FLOODED.

Investor Tools

$403,674

Estimated Property Value

$398,849Estimated Mortgage Balance

$4,825Estimated Equity

1% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,422 /month

Positive

Cash Flow Estimate:

$807 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$728/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,714

$403,674

2025

$173,628

$230,046

$403,674

Tax History

Year

Tax Paid

Assessed Value

2024

$6,714

$403,674

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Freedom Mortgage Corp

Fha

$410,428

Yes

First

Oct 21, 2024

Nov 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$398,849

$4,825

99%

$2,461/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$2,461/mo

$-739/mo

5.1%

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