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Owner Contacts

$582,000

NAL Estimated Property Value

2403 Lawrence St, Houston, TX, 77008

Off Market

3 Beds

4 Bath

2,290 Sq Ft

Single Family Residence

$184.5 / sqft

Built in 2020

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Gas Oven, Microwave, Gas Range, Dishwasher

FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony

Lot Size1,860 sqft

Building Information

Year Built2020

Garage Spaces2

Land Information

APN1348540010023

Lot Number23

SubdivisionTalia Heights

Land UseResidential

Legal DescriptionLT 23 BLK 1 TALIA HEIGHTS

Census Tract511501

Assessed Land Value$176,795

Assessed Improvement Value$358,805

Assessment Year2025

About this property

New construction. Gorgeous Victorian Corner Unit. 3 bed, 3.5 bath with private front yard and entry to Lawrence St. Gated community. Shutters. Balconies. 1st Floor bedroom with bath with private entry. Great for home office. 2nd Floor grand living dining with 12ft ceilings, corner unit with extra windows in living. Open kitchen custom cabinets, quartz counters, marble, stainless steel. 3/4 red oak hardwood floors. 3rd Floor Enormous 18x18 master bedroom with sky high ceilings. Porcelain tile, grand shower, lux freestanding tub. Additional 3rd floor bedroom with bath and Laundry. Unbeatable Heights location, steps from new Heights HEB, hottest restaurants. East of Shepard and out of Shady Acre Flood Zone. Complete Oct 2020. Open House at 2405 Lawrence.

Investor Tools

$582,000

Estimated Property Value

$362,279Estimated Mortgage Balance

$219,721Estimated Equity

35% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,492 /month

Positive

Cash Flow Estimate:

$1,164 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$904/month

$950/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,936

$535,600

2025

$176,795

$358,805

$535,600

Tax History

Year

Tax Paid

Assessed Value

2024

$7,936

$535,600

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Zb Na

Conventional

$406,125

First

Oct 15, 2020

Nov 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$362,279

$197,721

35%

62%

$2,435/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,230/mo

$3,385/mo

$-1,155/mo

4.6%

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