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$1,020,000

2425 Shakespeare Street, Houston, TX, 77030

Off MarketInfo
CommercialInfo
Beds2 Beds
Baths1 Bath
Baths4,469 Sq Ft
Multi FamilyMulti Family
price_per_sqft$234.95 / sqft
Year BuiltBuilt in 1955

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating RadiantHeating Radiant
CoolingCooling
AppliancesRange, Dishwasher, Refrigerator
FlooringTile, Wood, Hardwood

Exterior

Lot Size7,919 sqft

Building Information

Year Built1955
Stories2
Garage Spaces3

Land Information

APN0641690020012
SubdivisionWessex R/P
Land UseCommercial
Legal DescriptionTRS 11A & 12 BLK 2 WESSEX R/P
Census Tract412202
Assessed Land Value$871,200
Assessed Improvement Value$148,800
Assessment Year2025

About this property

All unit square footages and room dimensions are approximate. All unit square footages and room dimensions to be independently verified by buyer. 100% tenant occupied 4-unit apartment building only a couple of blocks from Rice University!! All plumbing UNDERNEATH the building was replaced recently.

Investor Tools

Property Icon
$1,020,000
Estimated Property Value
$0Estimated Mortgage Balance
$224,529Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,300 /month
Positive
Cash Flow Estimate:
$2,100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,329/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$22,854
$1,020,000
2025
$871,200
$148,800
$1,020,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$22,854
$1,020,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Affinity Llc
Conventional
$816,000
No
First
Dec 31, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$795,471
$224,529
22%
78%
$4,893/mo

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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2425 Shakespeare Street | Property Details | No Agent List