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$482,000

NAL Estimated Property Value

2415 Francis St, Houston, TX, 77004

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,164 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$224.08 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee OwnerVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Microwave, Gas Cooktop, Dishwasher, Oven
FlooringTile, Vinyl

Exterior

Exterior FeaturesBalcony
Lot Size1,777 sqft

Building Information

Year Built2023
Garage Spaces2

Land Information

APN1463630010002
Lot Number2
Land UseResidential
Legal DescriptionLT 2 BLK 1 FRANCIS LANDING
Census Tract312400
Assessed Land Value$74,414
Assessed Improvement Value$395,397
Assessment Year2025

About this property

Newly constructed homes offered for sale by Modern Houston LLC and built by Arco Homes. This unit is complete with an additional two units scheduled for completion by October 2024. NO HOA AND 2.1% TAX RATE!! Featuring luxurious high end finishes, a modern open concept layout w/ electric fire place, bar and formal dining, 4th-floor flex/mechanic room, rooftop deck offering stunning views of the downtown Houston skyline, gas line for BBQ pit and roof top wood decking. Each unit is equipped with a second floor balcony, stainless appliances, large pantry, champagne color drawer pulls, mat black fixtures, an electric fireplace, high-quality wood-look waterproof Willow Serenity colored flooring by Eva Floors, black herringbone pattern floor tile in the bathrooms, fenced yard for pups, soaring ceilings, and front entry mud bench. Conveniently located near downtown, Midtown, and Montrose, granting easy access to major highways, popular dining spots, and vibrant nightlife. BACK YARD FENCED!!

Investor Tools

Property Icon
$482,000
Estimated Property Value
$462,401Estimated Mortgage Balance
$19,599Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,909 /month
Positive
Cash Flow Estimate:
$970 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$624/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,084
$469,811
2025
$74,414
$395,397
$469,811
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,084
$469,811

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Champions Mortgage Llc
Conventional
$467,160
No
First
Oct 15, 2025
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$462,401
$7,410
1%
96%
$2,801/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,801/mo
$-1,079/mo
4.3%

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 Francis St | Property Details | No Agent List