55Days on Market

2view

$235,000

2502 Jamestown Mall # 54, Houston, TX, 77057

$248,158 ARV

On Market

2 Beds

2 Bath

1,444 Sq Ft

$162.74 / sqft

Built in 1964

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Bathrooms Half 1

Heating Central

Cooling

Exterior

Exterior FeaturesCourtyard

Building Information

Year Built1964

Stories2

Garage Spaces1

Land Information

APN0970580000054

SubdivisionBriargrove Townhouses

Land UseResidential

Legal DescriptionUNIT 54 BLDG H .011235 INT COMMON LAND & ELE BRIARGROVE T/H CONDO

Census Tract431302

Assessed Land Value$100,000

Assessed Improvement Value$116,566

Assessment Year2025

About this property

Move-in ready townhome in popular Galleria/Briargrove area. Recently renovated with laminate flooring, tile in kitchen & bathroom, recent paint, 2' faux wood blinds, recessed lighting & ceiling fans and renovated bathroom. First floor features a large living/dining area, galley kitchen with 2 windows for abundant natural light with a huge walk-in pantry. First floor also features a half bath and storage closet. Second floor with 2 large bedrooms, walk-in closet, built-ins and jack & Jill bath. Spacious patio, 1 car detached garage + additional covered parking spot. Recent full HVAC system. How maintains building exterior & common areas. Community pool located at the end of the driveway.

Investor Tools

$148,944Estimated Mortgage Balance

$84,056Estimated Equity

39% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$248,158

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,410 /month

Positive

Cash Flow Estimate:

$470 /month

Interested in this property?

Veso Kossev

The Kossev Group

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$334/month

$438/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,838

$216,566

2025

$100,000

$116,566

$216,566

Tax History

Year

Tax Paid

Assessed Value

2024

$2,838

$216,566

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Cbc National Bank

N/A

$109,000

N/A

First

Aug 30, 2012

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$148,944

$96,056

39%

64%

$752/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,540/mo

$1,190/mo

+$350/mo

7.9%

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