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$518,000

NAL Estimated Property Value

2205 Morse St, Houston, TX, 77019

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,445 Sq Ft
price_per_sqft$287.2 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringTile

Exterior

Exterior FeaturesBack Green Space, Side Yard, Sprinkler System
Lot Size1,991 sqft

Building Information

Year Built1970
Stories2

Land Information

APN0520490160001
SubdivisionHyde Park Main
Land UseResidential
Legal DescriptionTR 1B BLK 16 HYDE PARK MAIN
Census Tract410401
Assessed Land Value$219,010
Assessed Improvement Value$195,211
Assessment Year2025

About this property

Live in the heart of Montrose! This stunning 2 bedroom patio home is located on a fantastic street in Hyde Park. With an 87 Walkable score, you can't beat living w/in walking distance to so much of what Montrose has to offer. The home was fully renovated in 2019 with a cooks dream kitchen w/ quartz counter tops, custom soft closing drawers & cabinets, S.S. appliances, huge quartz island w/breakfast bar. You will absolutely love cooking & entertaining in this gourmet kitchen. Spacious open concept floor plan w/ the kitchen looking out to the dining/living area. Perfect for entertaining! Roof replaced in 2018, AC system replaced in April 2023. Fully renovated luxurious primary bath along w/ a recently built powder room, both w/ richly appointed fixtures & hardware. Primary bath has travertine flooring, soaking tub & a huge shower. Surround sound, gleaming floors, a Nest thermostat & designer lighting. Fully landscaped patio & deck, ideal for gardening and entertaining. So much more.

Investor Tools

Property Icon
$518,000
Estimated Property Value
$293,901Estimated Mortgage Balance
$224,099Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,108 /month
Positive
Cash Flow Estimate:
$1,036 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$713/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,965
$414,221
2025
$219,010
$195,211
$414,221
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,965
$414,221

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Americas Choice Home Loans Lp
Conventional
$309,950
No
First
Jul 28, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$293,901
$146,099
33%
57%
$1,859/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$1,859/mo
+$101/mo
4.5%

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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2205 Morse St | Property Details | No Agent List