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$650,000

NAL Estimated Property Value

2427 Bastrop Street, Houston, TX, 77004

SoldInfo
8/26/26
Beds3 Beds
Baths4 Bath
Baths2,223 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$292.4 / sqft
Year BuiltBuilt in 2026

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 4Bathrooms 4
AppliancesENERGY STAR Qualified Appliances, Disposal, Dryer Included, Refrigerator Included, Washer Included, Wine Refrigerator, Gas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringTile, Vinyl Plank

Exterior

Exterior FeaturesBack Green Space, Outdoor Kitchen

Building Information

Garage Spaces2

About this property

The McGowen Estates! Breathtaking views of Houston's Downtown Skyline from this home's broad terrace! Guest Suite on the first floor, large living space and thoughtful layout across the second floor- featuring fireplace, wine fridge and a space for working from home! On the third floor you'll find two bedrooms- each with its own full bath. On the fourth level this home offers a flex space, large rooftop terrace, hookups for your outdoor kitchen and an arm's reach-view of Downtown Houston! Expected to be completed ahead of this summer. Minutes from the University of Houston & the METRORail. Near Emancipation Park, which offers green space, sports venues, and community events- a 33 Million dollar revitalization. Location & Accessibility are strong with close proximity to Downtown Houston, the Medical Center, and easy access to I-45, SH-288, and Hwy 59. Only a short drive to the University of Houston and Texas Southern University. All appliances included.

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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,900 /month
Positive
Cash Flow Estimate:
$1,300 /month

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Financing Details

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

Learn About the Market: Opportunity in Houston

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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.

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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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2427 Bastrop Street | Property Details | No Agent List