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$456,234

2420 Roufa Rd, Houston, TX, 77003

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,085 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.37 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size1,625 sqft

Building Information

Year Built2018
Garage Spaces2

Land Information

APN1285510040003
Lot Number3
SubdivisionWaterhill Homes On Commerce Street
Land UseResidential
Legal DescriptionLT 3 BLK 4 WATERHILL HOMES ON COMMERCE STREET
Census Tract310101
Assessed Land Value$71,125
Assessed Improvement Value$385,109
Assessment Year2025

About this property

Lease the Stunning brand new townhouse in the heart of downtown. Minutes away from minute maid park, BBVA stadium, Discovery green and light rail and in the heart of EADO. This property includes many high end features including Rich wood floors, Super sleek kitchen, high end bosch appliances, even has a wine fridge! This ultra modern property is open concept and great for entertaining. Fall in love with the beautiful master suite. This property also includes a beautiful rooftop too see the downtown skyline. This property is located in a gated secure community. You will never have a dull moment since your right down the street from the brothers taco house and 8th street wonder brewery!

Investor Tools

Property Icon
$456,234
Estimated Property Value
$417,000Estimated Mortgage Balance
$71,864Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,737 /month
Positive
Cash Flow Estimate:
$912 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$755/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,782
$456,234
2025
$71,125
$385,109
$456,234
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,782
$456,234

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Better Mortgage Corporation
Conventional
$417,000
No
First
Mar 16, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$384,370
$71,864
15%
84%
$2,501/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,090/mo
$2,501/mo
$-411/mo
5.5%

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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2420 Roufa Rd | Property Details | No Agent List