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$705,498

NAL Estimated Property Value

2516 South Blvd, Houston, TX, 77098

SoldInfo
6/30/26
Beds3 Beds
Baths3 Bath
Baths3,348 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$194.15 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Cooktop, Dryer, Refrigerator, Washer, Dishwasher, Cooktop
FlooringCarpet, Tile, Wood

Exterior

Lot Size1,520 sqft

Building Information

Year Built2002
Garage Spaces2

Land Information

APN1208500010005
Lot Number5
SubdivisionSouth Boulevard Park
Land UseResidential
Legal DescriptionLT 5 BLK 1 SOUTH BOULEVARD PARK
Census Tract411802
Assessed Land Value$166,155
Assessed Improvement Value$539,343
Assessment Year2025

About this property

Welcome to this elegant 3-bedroom, 3.5-bath townhome located in a gated community just minutes from Rice Village. The first floor features a private bedroom with en-suite bath, access to a charming patio, and an elevator servicing all levels. The second floor is designed for entertaining, with high ceilings, abundant natural light, and shutters throughout the spacious living and dining areas. The kitchen offers a breakfast area, ample storage, and seamless connection to the main living space. The third level features an additional bedroom with full bath and a dedicated study provide flexibility for a variety of needs. On the fourth floor, the primary suite includes a generous bedroom, sitting area, and walk-in closet with built-ins. Thoughtfully designed with a functional layout, this home offers both comfort and convenience in a prime location.

Investor Tools

Property Icon
$705,498
Estimated Property Value
$278,799Estimated Mortgage Balance
$426,699Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,233 /month
Positive
Cash Flow Estimate:
$1,411 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,207/month
$3,100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,961
$705,498
2025
$166,155
$539,343
$705,498
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,961
$705,498

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crescent Mortgage Co
Conventional
$391,000
No
First
Sep 13, 2013
Oct 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$278,799
$426,699
60%
40%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$3,100/mo
$-520/mo
4.4%

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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2516 South Blvd | Property Details | No Agent List