NoAgentList RatingHow are grades calculated?

6view

Owner Contacts

$1,142,471

NAL Estimated Property Value

2203 Watts St, Houston, TX, 77030

Off Market

3 Beds

3 Bath

2,996 Sq Ft

Single Family Residence

$283.38 / sqft

Built in 1938

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Oven, Microwave, Electric Cooktop, Dishwasher

FlooringBrick, Tile, Wood

Exterior

Lot Size5,502 sqft

Building Information

Year Built1938

Stories2

Garage Spaces2

Land Information

APN0640970170015

Lot Number15

SubdivisionSouthgate

Land UseResidential

Legal DescriptionLT 15 BLK 17 SOUTHGATE

Census Tract412201

Assessed Land Value$742,500

Assessed Improvement Value$399,971

Assessment Year2025

About this property

This stately two-story traditional home in coveted Southgate offers fabulous downstairs living areas including a large formal living room w/ fireplace, formal dining room w/ bay window, updated* kitchen, breakfast room w/ attractive glass front built-ins, downstairs study (could be 4th bedroom), & family/game room w/ double French doors that lead to a fully fenced backyard and patio. Upstairs features an oversized primary bedroom w/ dressing area & walk-in closet, plus two additional bedrooms. Perfect bones to add your personal touches. Zoned to highly rated Roberts Elem (Buyer to verify eligibility). Great location close to Rice University, Medical Center, and Museum District. *per Seller

Investor Tools

$1,142,471

Estimated Property Value

$595,310Estimated Mortgage Balance

$547,161Estimated Equity

47% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$6,855 /month

Positive

Cash Flow Estimate:

$2,285 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$2,077/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$19,215

$1,142,471

2025

$742,500

$399,971

$1,142,471

Tax History

Year

Tax Paid

Assessed Value

2024

$19,215

$1,142,471

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Amcap Mortgage Ltd

Conventional

$510,400

First

Nov 16, 2020

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$595,310

$547,161

47%

52%

$3,991/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,330/mo

$3,991/mo

$-1,661/mo

2.4%

Learn About the Market: Opportunity in Houston

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