B+

NoAgentList RatingHow are grades calculated?

1view

Owner Contacts

$390,000

NAL Estimated Property Value

2208 Colorado St, Houston, TX, 77007

Off Market

3 Beds

4 Bath

2,148 Sq Ft

Single Family Residence

$1.54 / sqft

Built in 2008

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dryer, Refrigerator, Dishwasher

FlooringLaminate

Exterior

Lot Size2,060 sqft

Building Information

Year Built2008

Garage Spaces2

Land Information

APN1302700010002

Lot Number2

SubdivisionColorado T/H

Land UseResidential

Legal DescriptionLT 2 BLK 1 COLORADO T/H

Census Tract510100

Assessed Land Value$146,520

Assessed Improvement Value$242,515

Assessment Year2025

About this property

A stunning three bedrooms free standing home in a small gated community with close proximity to Downtown, Heights and Washington Ave. Thoughtful layout with beautiful interior finishes. Updated floorplan in the living area gives the property an open floorplan for entertaining. First floor guest bedroom with en-suite or perfect for private home office. Natural light is a theme throughout. Stainless steel appliances, beautiful granite countertops, and convenient breakfast area. Third floor master with balcony, large mater bath and huge walk-in closet. Great location with convenience to shopping, dining, downtown, med center and freeways. 2 Balconies with skyline view! Please verify room sizes independently.

Investor Tools

$390,000

Estimated Property Value

$388,175Estimated Mortgage Balance

$1,825Estimated Equity

0% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,340 /month

Positive

Cash Flow Estimate:

$780 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$650/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,855

$389,035

2025

$146,520

$242,515

$389,035

Tax History

Year

Tax Paid

Assessed Value

2024

$5,855

$389,035

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Union Home Mortgage Corp

Fha

$392,755

Yes

First

Sep 19, 2025

Oct 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$388,175

$860

100%

$2,355/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,580/mo

$2,355/mo

+$225/mo

7.9%

Learn About the Market: Opportunity in Houston

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