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$1,484,000

NAL Estimated Property Value

2416 Addison Rd, Houston, TX, 77030

Recently SoldInfo
8/05/26
Beds3 Beds
Baths3 Bath
Baths3,104 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$482.93 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dryer Included, Refrigerator Included, Washer Included, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringWood

Exterior

Private PoolPrivate Pool
Lot Size6,900 sqft

Building Information

Year Built1940
Garage Spaces2

Land Information

APN0641690040031
Lot Number31
SubdivisionWessex R/P
Land UseResidential
Legal DescriptionLT 31 BLK 4 WESSEX R/P
Census Tract412202
Assessed Land Value$775,000
Assessed Improvement Value$608,360
Assessment Year2025

About this property

Charming and well-maintained home ideally located in the heart of Houston, just minutes from the Texas Medical Center, Rice University, Rice Village, Hermann Park, and Downtown. Fresh interior paint, new hardwood floors upstairs and other lighting and kitchen updates. Features include beautiful wood flooring throughout, spacious rooms, large closets, and a flexible floor plan designed for comfortable living. The updated kitchen is equipped with professional-grade stainless steel appliances, perfect for everyday use and entertaining. The primary suite offers an oversized closet and adjoining bonus room ideal for a home office, nursery, gym, or sitting area. A dedicated laundry room includes a washer and dryer. Enjoy the private backyard with a sparkling pool and detached guest house ideal for an office, workshop, studio, guest space, or hobby room. Great space for hosting family and friends year-round. A rare opportunity offering charm, versatility, and an unbeatable location.

Investor Tools

Property Icon
$1,484,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,484,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,994 /month
Positive
Cash Flow Estimate:
$2,998 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,547/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,142
$1,383,360
2025
$775,000
$608,360
$1,383,360
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,142
$1,383,360

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,439,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,330/mo
N/A
+$2,330/mo
1.9%

City: Houston

2416 Addison Rd | Property Details | No Agent List