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$110,000

2221 Vance St, Houston, TX, 77093

$131,280 ARVInfo
On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths792 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$138.89 / sqft
Year BuiltBuilt in 1949

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
HeatingHeating

Exterior

Lot Size5,301 sqft

Building Information

Year Built1949
Stories1

Land Information

APN0422300040010
Lot Number10
SubdivisionVaughn Terrace U/R
Land UseResidential
Legal DescriptionLT 10 VAUGHN TERRACE U/R ABST 329 J T HARRELL
Census Tract220702
Assessed Land Value$60,102
Assessed Improvement Value$46,866
Assessment Year2025

About this property

Single-story detached home located in the established Vaughn Terrace community. Featuring a traditional floor plan with efficient use of space, the property offers multiple bedrooms, public water and sewer service, a pier-and-beam foundation, wood siding, and a composition roof. Conveniently situated near major roadways, shopping, dining, and employment centers, this home presents an excellent opportunity for an owner-occupant or investor looking to add value through updates and customization.

Investor Tools

$0Estimated Mortgage Balance
$156,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$131,280
Rent-to-Value Ratio: 0.72%
Rent Estimate
$936 /month
Positive
Cash Flow Estimate:
$312 /month

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Erick Harbert

Realty Right

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$236/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,058
$106,968
2025
$60,102
$46,866
$106,968
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$2,058
$106,968

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$156,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
10.1%

Learn About the Market: Opportunity in Houston

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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

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