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$3,299

2508 Gray St, Houston, TX, 77003

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths4 Bath
Baths2,408 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.37 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Wine Refrigerator, Convection Oven, Microwave, Gas Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringTile, Vinyl

Exterior

Exterior FeaturesBalcony
Lot Size1,882 sqft

Building Information

Year Built2023
Garage Spaces1

Land Information

APN1448630010003
Lot Number3
Land UseResidential
Legal DescriptionLT 3 BLK 1 GRAY TERRACE
Census Tract312300
Assessed Land Value$74,914
Assessed Improvement Value$284,086
Assessment Year2025

About this property

Welcome to 2508 Gray Street - a rare gem in East Downtown Houston. This beautifully designed 3-bedroom, 3.5-bath home sits in a private three-home gated community on a quiet street with bike lanes. Each spacious bedroom features its own en-suite bath, walk-in closet, and upgraded ceiling fan. Enjoy skyline views from the balcony and the comfort of an open-concept layout filled with natural light. Located less than 2 miles from Downtown, Toyota Center, Minute Maid Park, George R. Brown Convention Center, and UH, with easy access to the Medical Center and Galleria. The lease includes newly installed appliances: washer, dryer, refrigerator, dishwasher, and microwave. Landlord is STR and Airbnb friendly, offering a great opportunity for those seeking flexibility in use. Thoughtfully crafted and move-in ready, this home offers elevated comfort, modern finishes, and prime location all in one. Don't miss the opportunity to call this exceptional property your home. Schedule your showing today!

Investor Tools

$0Estimated Mortgage Balance
$457,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,742 /month
Positive
Cash Flow Estimate:
$914 /month

Interested in this property?

Travis Millard

Legend Living Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$867/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,114
$359,000
2025
$74,914
$284,086
$359,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,114
$359,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$454,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,090/mo
N/A
+$2,090/mo
5.5%

City: Houston

2508 Gray St | Property Details | No Agent List