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$369,235

NAL Estimated Property Value

2506 Keene Street, Houston, TX, 77009

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths3,712 Sq Ft
price_per_sqft$296.34 / sqft
Year BuiltBuilt in 1935

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
AppliancesMicrowave
FlooringTile, Wood, Hardwood

Exterior

Lot Size5,502 sqft

Building Information

Year Built1935

Land Information

APN0032380000021
SubdivisionAllen A C
Land UseCommercial
Legal DescriptionTRS 21 & 22 BLK 62 ALLEN A C
Census Tract210400
Assessed Land Value$192,500
Assessed Improvement Value$176,735
Assessment Year2025

About this property

Welcome to The Grace Building, a charming 4-unit multifamily property located in the highly sought-after White Oak District. Built in 1935 and thoughtfully updated, this income-producing property blends historic character with modern upgrades. Two of the four units are currently leased, offering immediate rental income. Recent improvements include a 6-year-old roof, updated electrical and plumbing systems, fresh paint, and new sheetrock throughout. Conveniently located just minutes from Downtown Houston, the University of Houston, local dining, shopping, trails, and entertainment, this property is perfectly positioned for long-term growth. Don't miss out on this unique opportunity to invest in one of Houston’s most vibrant areas. Schedule your private showing today!

Investor Tools

Property Icon
$369,235
Estimated Property Value
$0Estimated Mortgage Balance
$369,235Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,600 /month
Positive
Cash Flow Estimate:
$2,200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$746/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,107
$369,235
2025
$192,500
$176,735
$369,235
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,107
$369,235

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$369,235
100%
0%
$0/mo

City: Houston

2506 Keene Street | Property Details | No Agent List