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Owner Contacts

$1,224,000

NAL Estimated Property Value

2510 Addison Rd, Houston, TX, 77030

Off Market

3 Beds

3 Bath

2,098 Sq Ft

Single Family Residence

$643.47 / sqft

Built in 1956

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Garage Available

Heating Central

Cooling

AppliancesWater Heater, Disposal, Gas Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher, Oven, Refrigerator

FlooringStone, Tile, Wood

Exterior

Private Pool

Exterior FeaturesOutdoor Kitchen

Lot Size5,750 sqft

Building Information

Year Built1956

Garage Spaces2

Land Information

APN0641690040024

SubdivisionWessex R/P

Land UseResidential

Legal DescriptionTR 24 BLK 4 WESSEX R/P

Census Tract412202

Assessed Land Value$703,125

Assessed Improvement Value$327,455

Assessment Year2025

About this property

Must see this adorable updated* 3 bedroom 3 bath Southgate home w/pool PLUS full quarters above the 2 car garage! This precious home boasts formal living and dining and a huge family room overlooking the pool, Chicago brick patio and turfed backyard! Primary bathroom and closet recently added designed with modern elegance in mind. Eat-in kitchen w/honed Calacatta Gold marble countertops, Viking oven, SubZero fridge & farm sink. Cle' tile front porch, built-in summer kitchen, herringbone Chicago brick patio, turfed front and back yards plus swimming pool complete the outdoor spaces! Too many updates to list, see listing agent for details! Garage apt has 441sf per HCAD for a total living space overall of 2539sf! Don't miss this jewel! All Info Per Seller

Investor Tools

$1,224,000

Estimated Property Value

$1,096,912Estimated Mortgage Balance

$127,088Estimated Equity

2% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$8,100 /month

Positive

Cash Flow Estimate:

$2,700 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,828/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$15,821

$1,030,580

2025

$703,125

$327,455

$1,030,580

Tax History

Year

Tax Paid

Assessed Value

2024

$15,821

$1,030,580

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Homexpress Mortgage Corp

Conventional

$1,120,000

First

Mar 28, 2025

Apr 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$1,096,912

$27,088

90%

$6,715/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,330/mo

$6,715/mo

$-4,385/mo

2.3%

Learn About the Market: Opportunity in Houston

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