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$1,250

2308 Lucas St, Houston, TX, 77026

On MarketInfo
Beds1 Beds
Baths1 Bath
Baths651 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.92 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Free-Standing Range, Gas Range, Dryer, Refrigerator, Washer, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size5,001 sqft

Building Information

Year Built1950
Stories1
Garage Spaces1

Land Information

APN0170680000005
Lot Number5
SubdivisionHome Addition
Land UseResidential
Legal DescriptionLT 5 BLK 17 HOME
Census Tract211102
Assessed Land Value$60,000
Assessed Improvement Value$15,635
Assessment Year2025

About this property

Updated 1 bedroom bungalow with study and attached garage! This cozy home boasts a family room with gleaming wood floors, kitchen equipped with stainless steel appliances and breakfast bar, updated bathroom, bedroom overlooking front lawn, and a study that can also be used as a small 2nd bedroom or nursery. Fresh paint throughout. Enjoy lazy evenings on the spacious, covered front porch and family gatherings in the large, fenced backyard. Attached garage with automatic opener. Refrigerator and full-size washer & dryer included. Perfectly situated in a prime location, just minutes from downtown Houston, sports arenas, shopping, and night life, this property is ready to be called "home".

Investor Tools

$8,702Estimated Mortgage Balance
$87,873Estimated Equity
90% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$576 /month
Positive
Cash Flow Estimate:
$192 /month

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Julia Berry

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$196/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,878
$75,635
2025
$60,000
$15,635
$75,635
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,878
$75,635

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Washington Mutual Bank Fa
N/A
$30,000
N/A
First
Jan 24, 2002
Feb 2017

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$8,702
$79,298
90%
9%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
16.3%

City: Houston

2308 Lucas St | Property Details | No Agent List