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$466,000

2415 Cleburne St, Houston, TX, 77004

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,170 Sq Ft
DuplexDuplex
price_per_sqft$1.32 / sqft
Year BuiltBuilt in 1935

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Gas Cooktop, Dryer, Refrigerator, Washer, Dishwasher
FlooringTile, Wood

Exterior

Lot Size5,776 sqft

Building Information

Year Built1935
Stories2

Land Information

APN0611480000019
Lot Number19
SubdivisionWashington Terrace
Land UseResidential
Legal DescriptionLT 19 BLK 9 WASHINGTON TERRACE WASHINGTON TERRACE
Census Tract312700
Assessed Land Value$187,425
Assessed Improvement Value$246,436
Assessment Year2025

About this property

Updated first floor unit of a two unit duplex. Close to everything, minuets from the Medical Center, UH, TSU, newly renovated Emancipation Park and much much more. Home has been updated with Granite in the kitchen, hardwood floors throughout, updated bath. Cozy back yard and gated parking for two cars per tenant. Gated Driveway Parking. Contact agent with any questions. Listing Realtor is the Owner.

Investor Tools

Property Icon
$466,000
Estimated Property Value
$279,837Estimated Mortgage Balance
$191,415Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,796 /month
Positive
Cash Flow Estimate:
$932 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$670/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,707
$433,861
2025
$187,425
$246,436
$433,861
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,707
$433,861

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Fha
$279,837
Yes
First
Jul 31, 2019
Aug 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$274,585
$249,415
47%
59%
$1,893/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,893/mo
+$333/mo
5.7%

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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2415 Cleburne St | Property Details | No Agent List