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Owner Contacts

$705,843

NAL Estimated Property Value

2512 Calumet Street, Houston, TX, 77004

Off Market

Commercial

2 Beds

2 Bath

3,397 Sq Ft

$441.57 / sqft

Built in 1955

Highlights

Interior

Bedrooms 2

Bathrooms 2

Garage Available

Heating Forced Air Unit

Cooling

AppliancesRange, Microwave, Dishwasher, Refrigerator

Exterior

Lot Size11,130 sqft

Building Information

Year Built1955

Garage Spaces8

Land Information

APN0611220000010

SubdivisionRiverside Terrace

Land UseCommercial

Legal DescriptionTRS 10 & 11A BLK 28 RIVERSIDE TERRACE SEC 4

Census Tract313000

Assessed Land Value$278,200

Assessed Improvement Value$427,643

Assessment Year2025

About this property

Welcome to this exceptional multifamily property located at 2512 Calumet in the heart of Houston, set on a generous 11,128 square foot lot. Featuring two buildings with a cohesive modern design, Building 1 has been thoughtfully remodeled to house three individual units, while Building 2 has four individual units. Originally built in 1955, the property has undergone extensive renovations to blend classic charm with modern convenience, complemented by an expansive outdoor area that offers potential for landscaping or additional amenities. This remarkable asset not only provides a strong income stream but also represents a rare investment opportunity in a prime location.

Investor Tools

$705,843

Estimated Property Value

$1,023,755Estimated Mortgage Balance

$0Estimated Equity

0% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$9,000 /month

Positive

Cash Flow Estimate:

$3,000 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,419/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$13,496

$705,843

2025

$278,200

$427,643

$705,843

Tax History

Year

Tax Paid

Assessed Value

2024

$13,496

$705,843

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

A&D Mortgage Llc

Conventional

$1,081,500

First

Jun 2, 2023

Jul 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$1,023,755

N/A

145%

$6,485/mo

Learn About the Market: Opportunity in Houston

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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.

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