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$306,000

241 N Lenox St, Houston, TX, 77011

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,483 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.35 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Ice Maker, Gas Oven, Microwave, Gas Cooktop, Dryer, Refrigerator, Washer, Dishwasher
FlooringCarpet, Laminate

Exterior

Lot Size1,424 sqft

Building Information

Year Built2009
Garage Spaces1

Land Information

APN1283250010004
Lot Number4
SubdivisionWaterhill Homes On Navigation Street
Land UseResidential
Legal DescriptionLT 4 BLK 1 WATERHILL HOMES ON NAVIGATION STREET
Census Tract310500
Assessed Land Value$57,040
Assessed Improvement Value$223,881
Assessment Year2025

About this property

Conveniently located just 10 minutes from Houston's top shops and event venues, this 2 bed, 2.5 bath home boasts an open floor plan ideal for roommates. Recently updated with new carpet in October 2025, this property comes complete with washer, dryer, and fridge. For a special rate, inquire about the option to lease partially furnished. Contact me today for more information on this prime location!

Investor Tools

Property Icon
$306,000
Estimated Property Value
$169,000Estimated Mortgage Balance
$172,855Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,836 /month
Positive
Cash Flow Estimate:
$612 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$617/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,878
$280,921
2025
$57,040
$223,881
$280,921
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,878
$280,921

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hancock Whitney Bank
Conventional
$169,000
No
First
May 13, 2016
Jun 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$133,145
$167,855
55%
44%
$1,014/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,014/mo
+$293/mo
5.1%

Learn About the Market: Opportunity in Houston

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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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241 N Lenox St | Property Details | No Agent List