Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Main property image
Days1Days on Market
Views4view
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$375,000

215 Caplin St, Houston, TX, 77022

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,240 Sq Ft
DuplexDuplex
price_per_sqft$167.41 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size5,550 sqft

Building Information

Year Built1950
Garage Spaces1

Land Information

APN0631110030009
Lot Number9
SubdivisionPaine Place
Land UseResidential
Legal DescriptionLT 9 & TR 4B BLK 3 PAINE PLACE
Census Tract220200
Assessed Land Value$92,313
Assessed Improvement Value$212,345
Assessment Year2025

About this property

Updated duplex in a convenient central Houston location, just minutes from Downtown with easy access to 610 and the light rail. The property features two separate units, including a 2-bedroom, 1-bath unit and a 2-bedroom, 2-bath unit. The upstairs unit is currently leased on a one-year lease at $1,350/month, providing immediate rental income. In contrast, the downstairs unit is currently operated as an Airbnb and is available for showings. Major improvements include all-new plumbing throughout the entire property, from the main sewer line to the slab and throughout the interior, as well as a complete electrical rewire. Both the plumbing and electrical work were fully permitted. A private enclosed courtyard adds additional outdoor space and privacy. Whether you're looking to add a duplex to your rental portfolio or eventually live in one unit while generating income from the other, this property offers plenty of flexibility.

Investor Tools

$315,476Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month

Interested in this property?

Laura Miranda

Compass RE Texas, LLC - The Heights

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$510/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,595
$304,658
2025
$92,313
$212,345
$304,658
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,595
$304,658

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Success Mortgage Partners Inc
Fha
$333,841
Yes
First
Aug 11, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$315,476
N/A
0%
104%
$2,002/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$2,002/mo
+$224/mo
8.8%

Learn About the Market: Opportunity in Houston

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...