B+

NoAgentList RatingHow are grades calculated?

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Owner Contacts

$308,152

NAL Estimated Property Value

2322 Naomi St, Houston, TX, 77054

Off Market

3 Beds

3 Bath

1,756 Sq Ft

Condos / Townhouses

$162.3 / sqft

Built in 2007

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Garage Available

Heating Central

Cooling

Exterior

Lot Size1,411 sqft

Building Information

Year Built2007

Garage Spaces2

Land Information

APN1292580010008

Lot Number8

SubdivisionNaomi Avenue Place

Land UseResidential

Legal DescriptionLT 8 BLK 1 NAOMI AVENUE PLACE

Census Tract314005

Assessed Land Value$81,967

Assessed Improvement Value$226,185

Assessment Year2025

About this property

Location, Location, Location, Phenomenal Condo! Gated community with easy access to 610. Close to NRG Stadium, Medical Center Area, & The Museum District. Downtown &Hobby Airport conveniently located nearby. Shopping Galore in The Galleria Area. Exceptionally maintained throughout. Plantation shutters in every room. Showcases a massive window by the staircase with a dramatic view to the outside. Kitchen is open concept to the dinning/living room combo. Utility rm is in-house. Beautiful curve appeal is consistent/highly maintained by HOA. A masterpiece designed for individuals wanting ultimate privacy. Each bedroom is in it own floor w/ private full bathroom. Home build in 2007. This homes shows evidence of quality and durability build. Spacious with plenty of natural light throughout. Entertain in comfort and exquisite style. Enjoy family and friends gatherings in this living/dinning combo that in ready to impress. Room sizes are approximate.

Investor Tools

$308,152

Estimated Property Value

$139,642Estimated Mortgage Balance

$168,510Estimated Equity

54% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,849 /month

Positive

Cash Flow Estimate:

$616 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$640/month

$1,752/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,142

$308,152

2025

$81,967

$226,185

$308,152

Tax History

Year

Tax Paid

Assessed Value

2024

$6,142

$308,152

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Security National Mortgage Co

Fha

$204,232

Yes

First

Aug 17, 2012

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$139,642

$168,510

54%

45%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,200/mo

$1,752/mo

+$448/mo

8.6%

Learn About the Market: Opportunity in Houston

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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.

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