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$481,804

NAL Estimated Property Value

2403 Arabelle St, Houston, TX, 77007

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,252 Sq Ft
price_per_sqft$221.58 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Range, Dishwasher, Oven
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size1,869 sqft

Building Information

Year Built2007
Garage Spaces2

Land Information

APN1292560010002
Lot Number2
Land UseResidential
Legal DescriptionLT 2 BLK 1 APEX BUILDERS ON PETTY STREET
Census Tract510901
Assessed Land Value$130,830
Assessed Improvement Value$350,974
Assessment Year2025

About this property

Welcome to 2403 Arabelle, renovated in August 2022, and located in the heart of the city near Memorial Park, downtown and the Washington Corridor. Centrally located, it makes all of Houston's hot spots and work places easily accessible. With its immense open floor plan, tall windows and soaring 11' ceilings, this home is perfect for hosting any event. The kitchen features wrap around cabinets, island + peninsula w/ seating, stainless steel appliances and new Bianca Carrara quartz counter tops. Solid wood floors, multiple balconies, custom iron railings and living area fireplace are just a few additional pluses. All walls, ceilings, and trim have been freshly repainted and the primary en suite bathroom fully updated to include freestanding tub. No compromises are required here as this home is beautifully designed, fully freestanding (no sharing walls!), includes a private driveway, backyard retreat with deck and pergola, and close to it all. NO HOA. And your guest can park at your home!

Investor Tools

Property Icon
$481,804
Estimated Property Value
$436,320Estimated Mortgage Balance
$45,484Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,994 /month
Positive
Cash Flow Estimate:
$998 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,080/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,545
$481,804
2025
$130,830
$350,974
$481,804
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,545
$481,804

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pennymac Loan Services Llc
Conventional
$467,400
No
First
Oct 14, 2022
Nov 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$436,320
$45,484
9%
91%
$2,803/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$2,803/mo
$-843/mo
4.9%

City: Houston

2403 Arabelle St | Property Details | No Agent List