$55,000
2506 King St, Houston, TX, 77026
On Market
Just Added
Property Lead Type:
Deal ListAbsentee OwnerHigh EquityCash Buyers
Highlights
Interior
Exterior
Lot Size7,000 sqft
Building Information
Year Built1945
Garage Spaces1
Land Information
APN0660550050257
Lot Number257
SubdivisionHuntington Place
Land UseResidential
Legal DescriptionLT 257 BLK 5 HUNTINGTON PLACE
Census Tract220100
Assessed Land Value$66,625
Assessed Improvement Value$52,130
Assessment Year2025
About this property
Investor opportunity in Houston - 77026 area, conveniently located near Downtown Houston with easy access to 610. This single family home is being offered at lot value pricing and is ideal for an investor, builder, or buyer looking for a renovation or redevelopment opportunity. Property is being sold AS IS, with no repairs to be made by Seller. Buyer to independently verify square footage, measurements, property condition, restrictions, development potential, and all information important to their purchase.
Investor Tools
$0Estimated Mortgage Balance
$168,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,008 /month
Positive
Cash Flow Estimate:
$336 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$293/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,675
$118,755
2025
$66,625
$52,130
$118,755
Yes (2021)
Tax History
Year
Tax Paid
Assessed Value
2024
$2,675
$118,755
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$168,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
9.3%
