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$336,000

NAL Estimated Property Value

2416 Cumberland Street, Houston, TX, 77023

Off MarketInfo
LeaseInfo
Beds3 Beds
Baths2 Bath
Baths1,700 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1 / sqft
Year BuiltBuilt in 1946

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringLaminate

Exterior

Lot Size5,001 sqft

Building Information

Year Built1946
Stories1
Garage Spaces3

Land Information

APN0600570000017
Lot Number17
SubdivisionRiverview
Land UseResidential
Legal DescriptionLT 17 RIVERVIEW
Census Tract311900
Assessed Land Value$100,000
Assessed Improvement Value$70,261
Assessment Year2025

About this property

Beautifully fully renovated rental property featuring 3 bedrooms and 2 bathrooms with extensive modern upgrades throughout. This move-in-ready home offers a brand-new AC/HVAC system, new flooring throughout, and all-new electrical wiring for comfort, efficiency, and peace of mind. Exterior improvements include new siding, upgraded insulation, and energy-efficient windows. The beautifully updated kitchen features a 33-inch workstation sink perfect for cooking, prep, and entertaining. Centrally located in the heart of Houston with quick access to major highways, Downtown, and the Medical Center. A rare lease opportunity offering modern updates, functionality, and convenience in a prime location. A separate 1-bedroom, 1-bath apartment located at the back of the property is also available for lease for an additional $800/month.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$140/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4
$170,261
2025
$100,000
$70,261
$170,261
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4
$170,261

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kiavi Funding Inc
Commercial
$224,900
No
First
Sep 24, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$221,945
$114,055
33%
66%
$1,349/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,349/mo
+$373/mo
6.2%

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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2416 Cumberland Street | Property Details | No Agent List