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Owner Contacts

$751,000

2402 Southgate Blvd, Houston, TX, 77030

Off Market

2 Beds

1 Bath

1,054 Sq Ft

Single Family Residence

$2.37 / sqft

Built in 1940

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Oven, Microwave, Free-Standing Range, Gas Range, Dryer, Refrigerator, Washer, Dishwasher

FlooringTile, Wood

Exterior

Lot Size5,990 sqft

Building Information

Year Built1940

Stories1

Garage Spaces1

Land Information

APN0630270020021

Lot Number21

SubdivisionBrantwood

Land UseResidential

Legal DescriptionLT 21 BLK 2 BRANTWOOD

Census Tract412202

Assessed Land Value$660,675

Assessed Improvement Value$4,325

Assessment Year2025

About this property

Charming 2 Bedroom 1 Bath Bungalow in the Heart of Rice Village area. Easy Access to Rice University and Medical Center. Cheerful and Light Filled Living room and Dining room with Hardwood Floors. Extra Room Opens to the Living area and to one of the Bedrooms, Ideal for Study or Extra Bedroom. Kitchen has all Stainless Appliances, Tile Floors and Breakfast Area. Large Landscaped Patio and Fenced Backyard.Refrigerator, Dishwasher, Microwave Washer and Dryer Provided by Landlord. Credit and Criminal Background Check is Required for Any Tenant to be Approved (unless waived by landlord) Pets Considered on a Case by Case Basis with a Pet Deposit to be Determined by Landlord. Minimum 1 Year Lease. All per Landlord

Investor Tools

$751,000

Estimated Property Value

$588,750Estimated Mortgage Balance

$0Estimated Equity

22% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,506 /month

Positive

Cash Flow Estimate:

$1,502 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,485/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$14,061

$665,000

2025

$660,675

$4,325

$665,000

Tax History

Year

Tax Paid

Assessed Value

2024

$14,061

$665,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Central Bank

Unknown

$588,750

First

Jan 12, 2026

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$1,170,680

N/A

156%

$7,060/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,770/mo

$7,060/mo

$-5,290/mo

2.8%

Learn About the Market: Opportunity in Houston

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