1Days on Market

4view

$325,000

2305 Terry St, Houston, TX, 77009

On Market

Just Added

8 Beds

2 Bath

1,570 Sq Ft

$207.01 / sqft

Built in 1925

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersVacant Homes

Highlights

Interior

Bedrooms 8

Bathrooms Full 2

Heating

Exterior

Lot Size5,001 sqft

Building Information

Year Built1925

Land Information

APN0230240000011

Lot Number11

SubdivisionLittle & Dickinson

Land UseResidential

Legal DescriptionLT 11 BLK 45 LITTLE & DICKINSON

Census Tract212300

Assessed Land Value$195,000

Assessed Improvement Value$36,939

Assessment Year2025

About this property

2305 Terry St offers a spacious property with a unique layout, featuring 22 rooms for rent along with a separate back house. The property is currently tenant-occupied, with 5 rooms vacant as of 8/26, giving a buyer flexibility to continue the existing setup. Some make-ready improvements have been completed, along with minor plumbing repairs. The property features composition shingle roofing (10+ years old), window AC units, and no garage or carport. All appliances currently located on the property will remain with the sale. Conveniently located in Houston with easy access to major roads, area businesses, and nearby amenities. Buyer to independently verify room count, dimensions, property use, and all other property information.

Investor Tools

$0Estimated Mortgage Balance

$298,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,950 /month

Positive

Cash Flow Estimate:

$650 /month

Interested in this property?

Mark Corrales

JLA Realty

Contact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$518/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,729

$231,939

2025

$195,000

$36,939

$231,939

Tax History

Year

Tax Paid

Assessed Value

2024

$4,729

$231,939

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$298,000

100%

$0/mo

Learn About the Market: Opportunity in Houston

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 This Area