$520,000
2510 Gray St, Houston, TX, 77003
On Market
Property Lead Type:
Absentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesDisposal, Convection Oven, Microwave, Gas Range, Dryer, Refrigerator, Washer, Dishwasher
FlooringLaminate, Tile
Exterior
Exterior FeaturesBalcony
Lot Size1,943 sqft
Building Information
Year Built2023
Garage Spaces1
Land Information
APN1448630010002
Lot Number2
Land UseResidential Single Family
Legal DescriptionLT 2 BLK 1 GRAY TERRACE
Census Tract312300
Assessed Land Value$75,206
Assessed Improvement Value$316,239
Assessment Year2025
About this property
This home near Downtown is a GEM !!! It is located in a three home gated community on a quiet street with bike lanes. It is location is Fantastic. It is less than 2 miles from (Downtown, Toyota Center, George Brown Convention Center, Minute Maid Park, EADO, and the University of Houston). It is 3.5 miles from Medical Center, and 6.4 miles to the Galleria. Each bedroom is large and has its own bathroom/en-suite, upgraded ceiling fan, and walk in closet. These are just a few of the many upgrades.
Investor Tools
$0Estimated Mortgage Balance
$466,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,120 /month
Positive
Cash Flow Estimate:
$1,040 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$871/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,121
$391,445
2025
$75,206
$316,239
$391,445
No
Tax History
Year
Tax Paid
Assessed Value
2024
$8,121
$391,445
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$463,000
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
5.4%
