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$224,155

NAL Estimated Property Value

2501 Mcgowen St, Houston, TX, 77004

$270,007 ARVInfo
Off MarketInfo
Baths2 Bath
Baths2,700 Sq Ft
price_per_sqft$92.59 / sqft
Year BuiltBuilt in 1966

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerMove-In Ready

Highlights

Interior

Bathrooms Half 2Bathrooms Half 2
FlooringConcrete, Tile

Exterior

Lot Size5,001 sqft

Building Information

Year Built1966
Stories1

Land Information

APN0190080000018
SubdivisionHolman Outlot 2
Land UseIndustrial
Legal DescriptionTRS 13A & 14A BLK D HOLMAN OUTLOT 2
Census Tract312300
Assessed Land Value$175,000
Assessed Improvement Value$49,155
Assessment Year2025

About this property

This property is being offered at land value. There is a large building on it that is currently used as a place of worship. Attractive corner lot facing McGowen St, very close to Downtown and with very easy access from the freeway. The building is set up as a large meeting room with possible living quarters, and can be used for a multitude of purposes, or it can be removed to make room for new construction.

Investor Tools

Property Icon
$224,155
Estimated Property Value
$198,842Estimated Mortgage Balance
$25,313Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$270,006
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$483/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,671
$224,155
2025
$175,000
$49,155
$224,155
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,671
$224,155

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sykes Equity Llc
Purchase Money Mortgage
$200,000
No
First
Jan 9, 2026
Feb 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$198,842
$25,313
11%
89%
$1,200/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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2501 Mcgowen St | Property Details | No Agent List