Last 24 Hours
$450,000
2319 Lorraine Street, Houston, TX, 77026
On Market
Highlights
Interior
Bedrooms —
Bathrooms —Exterior
Lot Size12,388 sqft
Land Information
APN0151970000004
Lot Number9
SubdivisionGreggs
Land UseResidential
Legal DescriptionLT 9 & TRS 10 & 11B BLK 7 GREGGS SEC 2
Census Tract210800
Assessed Land Value$156,492
Assessment Year2024
About this property
WELCOME TO 2319 Lorraine Street! Builders and investors—don't miss this exceptional development opportunity in the heart of Houston! This expansive 18,188 SF property is replatted for 7 new construction patio homes, making it a turnkey project with significant time savings. Located just minutes from Downtown Houston, the property is surrounded by new construction and offers convenient access to the East River Development, East River 9 Golf Course, major freeways, dining, and entertainment. Whether you're building for resale or long-term investment, this shovel-ready site offers outstanding potential in one of Houston's fastest-growing neighborhoods.
Investor Tools
$0Estimated Mortgage Balance
$156,492Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$328/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,153
$156,492
2024
$156,492
N/A
$156,492
No
Tax History
Year
Tax Paid
Assessed Value
2023
$3,153
$156,492
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$156,492
100%
0%
$0/mo
12.4%