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A+
NoAgentList RatingHow are grades calculated? Info

$1,646,000

2204 Welch St, Houston, TX, 77019

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths2,463 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$157.33 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Cooktop, Refrigerator, Dishwasher, Washer/Dryer

Exterior

Lot Size2,100 sqft

Building Information

Year Built1975
Stories2
Garage Spaces2

Land Information

APN0571590010012
SubdivisionVermont Place T/H
Land UseResidential
Legal DescriptionTR L BLK 1 VERMONT PLACE T/H
Census Tract411100
Assessed Land Value$262,500
Assessed Improvement Value$137,500
Assessment Year2025

About this property

This well-located River Oaks area townhome sits on a beautiful street with nice trees. First floor living with an attached two car garage. Kitchen/breakfast room with views into a light filled landscaped atrium. Living room with fireplace opens to dining area with atrium views. Wet bar & powder bath down. Upstairs to large primary bedroom with bath and three closets. Secondary upstairs bedroom with private bath and walk-in closet overlooks Welch Street. Additional upstairs home office/sitting room off secondary bedroom with atrium views. Tremendous location! Needs a new owner and some TLC!

Investor Tools

Property Icon
$1,646,000
Estimated Property Value
$329,840Estimated Mortgage Balance
$1,339,191Estimated Equity
80% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,876 /month
Positive
Cash Flow Estimate:
$3,292 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,357/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,056
$400,000
2025
$262,500
$137,500
$400,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,056
$400,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$329,840
No
First
Aug 11, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$306,809
$1,171,191
79%
19%
$1,978/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$1,978/mo
$-18/mo
1.4%

Learn About the Market: Opportunity in Houston

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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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2204 Welch St | Property Details | No Agent List