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NoAgentList RatingHow are grades calculated?Info

$2,020,100

NAL Estimated Property Value

2351 Underwood St, Houston, TX, 77030

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths5,604 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$339.04 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator
FlooringWood

Exterior

Private PoolPrivate Pool
Lot Size19,907 sqft

Building Information

Year Built1940
Stories2
Garage Spaces2

Land Information

APN0620270000001
Lot Number1
SubdivisionBraeswood R/P
Land UseResidential
Legal DescriptionLT 1 BLK 20 BRAESWOOD R/P
Census Tract412202
Assessed Land Value$957,210
Assessed Improvement Value$1,062,890
Assessment Year2025

About this property

Contemporary corner lot masterpiece located in the exclusive subdivision of Old Braeswood. This stunner has been well-loved and completely updated with renovated bathrooms, all new windows, new metal roof, new plumbing, new electrical, new gas lines and fresh interior/exterior paint. An entertainer's dream, this home is equipped with two living areas, a wet bar, a conversational area, a formal dining room, a large breakfast area, and a spacious kitchen — all overlooking the breathtaking backyard and sparkling pool. The chef's kitchen provides high-end appliances, a wall of floor-to-ceiling storage, an oversized island with quartz countertops and a breakfast bar, and opens to the sizable breakfast area. The two massive primary bedrooms offer large walk-in closets and spacious en-suite bathrooms, as well as a home gym adjacent to the second floor primary suite. Both secondary bedrooms are more than generously-sized. An automatic gate provides privacy for backyard oasis. DID NOT FLOOD.

Investor Tools

Property Icon
$2,020,100
Estimated Property Value
$1,084,868Estimated Mortgage Balance
$935,232Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$12,121 /month
Positive
Cash Flow Estimate:
$4,040 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,354/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$30,152
$2,020,100
2025
$957,210
$1,062,890
$2,020,100
No

Tax History

Year
Tax Paid
Assessed Value
2024
$30,152
$2,020,100

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$1,150,000
No
First
Apr 20, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,084,868
$959,132
46%
54%
$6,895/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$6,895/mo
$-3,885/mo
1.8%

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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2351 Underwood St | Property Details | No Agent List