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$229,000

NAL Estimated Property Value

2510 Munger St, Houston, TX, 77023

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,302 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$207.3 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher

Exterior

Lot Size5,998 sqft

Building Information

Year Built1948
Stories1
Garage Spaces1

Land Information

APN0690520040003
Lot Number3
SubdivisionHampshire Oaks Extn
Land UseResidential
Legal DescriptionLT 3 HAMPSHIRE OAKS EXTN SEC 4
Census Tract311900
Assessed Land Value$132,000
Assessed Improvement Value$46,806
Assessment Year2025

About this property

Charming bungalow located in the established Hampshire Oaks Extension community, just minutes from Downtown Houston. This 2-bedroom, 1.5-bath home offers 1,302 sq ft of living space on a generous 6,000 sq ft lot. The functional layout includes a cozy living area, dedicated dining space, 2 large bedrooms, a completely renovated kitchen, spacious utility room and a large backyard perfect for entertaining or expansion. Convenient access to major highways, shopping, dining, and the East End revitalization areas. Come see it while you can.

Investor Tools

Property Icon
$229,000
Estimated Property Value
$149,819Estimated Mortgage Balance
$79,181Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,619 /month
Positive
Cash Flow Estimate:
$540 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$113/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$215
$178,806
2025
$132,000
$46,806
$178,806
No

Tax History

Year
Tax Paid
Assessed Value
2020
$215
$178,806

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Reverse Mortgages.Com Inc
Reverse Mortgage / Hecm
$172,500
No
First
Sep 28, 2018
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$149,819
$79,181
34%
65%
$942/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$942/mo
+$365/mo
6.8%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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2510 Munger St | Property Details | No Agent List