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$484,174

2403 Arbor St, Houston, TX, 77004

Off Market

3 Beds

3 Bath

2,344 Sq Ft

Single Family Residence

$213.27 / sqft

Built in 1940

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesMicrowave, Dishwasher

Exterior

Lot Size7,200 sqft

Building Information

Year Built1940

Stories2

Garage Spaces2

Land Information

APN0611050000022

Lot Number22

SubdivisionRiverside Terrace

Land UseResidential

Legal DescriptionLT 22 BLK 13 RIVERSIDE TERRACE SEC 1

Census Tract313000

Assessed Land Value$192,975

Assessed Improvement Value$291,199

Assessment Year2025

About this property

Up for sale is this beautifully updated 3 bedroom, 2.5 bathroom home conveniently located 3 miles from downtown and 2.5 miles from the medical center. From the moment you enter through the grande entry doors you are welcomed by contemporary design and high end finishes. This open concept downstairs offers a vast living and dining room and an updated kitchen with shaker style cabinetry, granite counters and stainless steel appliances. The upstairs delivers 2 spacious guest bedrooms, a guest bathroom and a primary suite with a spa-like bathroom and walk-in closet. The exterior offers a spacious fenced yard, covered lounge area, and a parking pad. Come see this gorgeous home before it is gone!

Investor Tools

$484,174

Estimated Property Value

$400,000Estimated Mortgage Balance

$119,592Estimated Equity

17% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,999 /month

Positive

Cash Flow Estimate:

$1,000 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$745/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,522

$484,174

2025

$192,975

$291,199

$484,174

Tax History

Year

Tax Paid

Assessed Value

2024

$6,522

$484,174

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Ally Bank

Conventional

$400,000

First

Sep 23, 2021

Oct 2036

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$364,582

$121,418

24%

75%

$2,399/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$2,399/mo

$-677/mo

4.3%

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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