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$199,000

2409 Fulton St, Houston, TX, 77009

On MarketInfo
CommercialInfo
Beds2 Beds
Baths1 Bath
Baths1,074 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$185.29 / sqft
Year BuiltBuilt in 1920

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating

Exterior

Lot Size5,001 sqft

Building Information

Year Built1930
Garage Spaces3

Land Information

APN0032550000024
Lot Number24
SubdivisionRubys U/R
Land UseCommercial
Legal DescriptionLT 24 BLK 64 RUBYS U/R
Census Tract210400
Assessed Land Value$185,250
Assessed Improvement Value$54,560
Assessment Year2025

About this property

Located in Houston’s rapidly redeveloping Near Northside, 2409 Fulton presents a rare value-add opportunity featuring both a primary residence and detached garage apartment on one lot. The property includes a 2bed 1 bath main home alongside an ~800 SF 2 bed, 1 bath garage apartment, offering multiple paths for investors seeking rental income, a BRRRR strategy, house-hack potential, or future redevelopment upside. Positioned along high-visibility Fulton Street and directly across from Northside High School, the property benefits from exceptional access to METRORail, major freeways, Downtown Houston, Hardy Yards, and the continued growth transforming the Near Northside corridor. Additional opportunity available: this sale may be combined with the neighboring properties at 2403 Fulton and 2411 Fulton, creating a larger assemblage with expanded redevelopment potential and significant frontage along Fulton Street.

Investor Tools

$0Estimated Mortgage Balance
$239,810Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,439 /month
Positive
Cash Flow Estimate:
$480 /month

Interested in this property?

Caden Gracia

Boulevard Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$519/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,026
$239,810
2025
$185,250
$54,560
$239,810
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,026
$239,810

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$239,810
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
6.5%

City: Houston