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$782,528

NAL Estimated Property Value

2424 Southmore Blvd, Houston, TX, 77004

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,292 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.22 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Absentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 3Bathrooms Half 3
Indoor FireplaceIndoor Fireplace
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling

Exterior

Lot Size12,001 sqft

Building Information

Year Built1940
Stories2

Land Information

APN0611180000005
SubdivisionRiverside Terrace
Land UseResidential
Legal DescriptionTRS 5 & 6A BLK 25 RIVERSIDE TERRACE SEC 3
Census Tract313000
Assessed Land Value$408,000
Assessed Improvement Value$374,528
Assessment Year2025

About this property

Beautiful updated property located minutes from Medical Center, Downtown, Universities, plus more. This multi-use property is very unique & can also be used for commercial use. Fully fenced throughout with gated entrance. Parking space is available for up to approximately 20 car space. Full kitchen, with basement space, and plenty of room for storage. Room dimensions are an approximate and must be verified.

Investor Tools

Property Icon
$782,528
Estimated Property Value
$431,440Estimated Mortgage Balance
$351,088Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,695 /month
Positive
Cash Flow Estimate:
$1,565 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,500/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,086
$782,528
2025
$408,000
$374,528
$782,528
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,086
$782,528

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Origin Bank
Commercial
$455,000
No
First
Jul 26, 2023
Aug 2025

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$431,440
$351,088
44%
55%
$2,728/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$2,728/mo
$-502/mo
3.4%

City: Houston

2424 Southmore Blvd | Property Details | No Agent List