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$386,000

2131 Blalock Road E, Houston, TX, 77080

$501,800 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,578 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$240.75 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

ARV FlipHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size2,866 sqft

Building Information

Year Built2023
Garage Spaces2

Land Information

APN1428000010006
Lot Number6
Land UseResidential Single Family
Legal DescriptionLT 6 BLK 1 BLALOCK SQUARE
Census Tract521300
Assessed Land Value$137,297
Assessed Improvement Value$235,746
Assessment Year2025

About this property

Welcome to Blalock Square, a gated community offering a brand new two-story home equipped with top-of-the-line features. This spacious home boasts three bedrooms, two and a half bathrooms, and a two-car attached garage with an electric car charging station. The Smart Home Features include LED lights, a smart garage door opener, thermostat, deadbolt, doorbell, electric car outlet, low voltage panel, smart light switch, and HVAC 16 SEER. The open concept design with high ceilings allows for ample natural light throughout. The first floor includes a living, dining, and kitchen area, while the second floor features the primary bedroom with his and her sinks, a large soaking tub, and a separate glass door shower. The location provides easy access to Beltway 8, CITYCENTRE, Galleria. This exclusive gated community is comprised of only 10 homes and offers modern floor plans and high-end interior finishes, constructed with quality by MTY Builders.

Investor Tools

Property Icon
$386,000
Estimated Property Value
$0Estimated Mortgage Balance
$22,935Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$501,800
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,316 /month
Positive
Cash Flow Estimate:
$772 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$391/month
$900/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,758
$373,043
2025
$137,297
$235,746
$373,043
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,758
$373,043

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Aspire Home Loans Llc
Fha
$373,018
Yes
First
Nov 20, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$363,065
$22,935
5%
94%
$2,237/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$3,137/mo
$-1,415/mo
5.4%

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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2131 Blalock Road E | Property Details | No Agent List