32Days on Market

1view

$369,900

$389,900

2410 Gray Street, Houston, TX, 77003

On Market

Price Drop

3 Beds

3 Bath

1,568 Sq Ft

Single Family Residence

$235.91 / sqft

Built in 2023

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Bathrooms Half 1

Garage Available

Heating Central

Cooling

AppliancesDisposal, Convection Oven, Microwave, Electric Range, Dishwasher

FlooringTile, Wood

Exterior

Lot Size1,586 sqft

Building Information

Year Built2022

Garage Spaces2

Land Information

APN1442310010005

Lot Number5

Land UseResidential

Legal DescriptionLT 5 BLK 1 POINT EAST

Census Tract312300

Assessed Land Value$73,502

Assessed Improvement Value$310,378

Assessment Year2025

About this property

Contemporary living meets exceptional convenience in gated Point East, minutes from Downtown, Midtown, Montrose, and EaDo.Rare for both homeowners and investors, the HOA allows short-term rentals, creating strong passive income potential w/Houston hosting the 2026 FIFA World Cup & continued growth.Residents enjoy gated access and a private park w/tranquil water features.This light-filled 3BR/2.5BA home features hardwood floors, oversized windows & open-concept layout.The living room includes built-in speakers and flows into a kitchen w/ marble countertops and ample storage.Upstairs, the spacious primary suite offers a relaxing retreat, 2 secondary bedrooms & utility room. Additional highlights include a Panasonic air purifier, EV charger in the attached two-car garage and a radiant attic barrier for energy efficiency. Stylish, functional, and ideally located, this home delivers low-maintenance urban living with investment upside.

Investor Tools

$319,248Estimated Mortgage Balance

$66,752Estimated Equity

17% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,316 /month

Positive

Cash Flow Estimate:

$772 /month

Interested in this property?

Jihye Deveau

Compass RE Texas, LLC - The Heights

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$625/month

$2,300/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,569

$383,880

2025

$73,502

$310,378

$383,880

Tax History

Year

Tax Paid

Assessed Value

2024

$5,569

$383,880

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

New American Funding

Conventional

$339,000

First

Apr 10, 2023

May 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$319,248

$66,752

17%

83%

$2,033/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,090/mo

$4,333/mo

$-2,243/mo

6.5%

Learn About the Market: Opportunity in Houston

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