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$348,000

NAL Estimated Property Value

2516 Vaughn St, Houston, TX, 77093

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,963 Sq Ft
price_per_sqft$177.79 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Wine Refrigerator, Microwave, Gas Range, Dishwasher, Oven
FlooringCarpet, Tile

Exterior

Exterior FeaturesBalcony
Lot Size8,150 sqft

Building Information

Year Built2005
Garage Spaces5

Land Information

APN0422300000666
SubdivisionJ T Harrell Survey Abstract 329
Land UseResidential
Legal DescriptionTR 66 ABST 329 J T HARRELL
Census Tract220702
Assessed Land Value$69,075
Assessed Improvement Value$207,181
Assessment Year2025

About this property

Spacious single story(LOW PROPERTY TAXES/NOT A FLOOD ZONE)home with separate spacious fully functional GARDEN APARTMENT,BEDROOM w/full en suite bath,KITCHEN and living space(potential revenue generating or additional family quarters separate from home, also be a business office).Home includes many upgrades with super-size secondary bedrooms(like 2 in 1 sized bedrooms).Kitchen has granite surround and is open to family room, home also has an ample sized flex-use area that is approximately 20'X19', can be used as a game room, additional bedroom,nursery,media endless possibilities;also FLEX USE area includes a fully functioning wet-bar with cabinetry for good storage,wine racks and an included stainless steel beverage chiller,all very nice and definitely enhances the home.The home is truly family functional and the Primary has a dual closets, with one a walk-in that can also double as a sitting/work from home area. The entire home has a really good flow and the rear backyard is supersized

Investor Tools

Property Icon
$348,000
Estimated Property Value
$214,130Estimated Mortgage Balance
$133,870Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,094 /month
Positive
Cash Flow Estimate:
$698 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$357/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,543
$276,256
2025
$69,075
$207,181
$276,256
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,543
$276,256

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pennymac Loan Services Llc
Conventional
$220,000
No
First
Nov 14, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$214,130
$111,870
34%
62%
$1,320/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,320/mo
+$906/mo
7.7%

Learn About the Market: Opportunity in Houston

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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 Vaughn St | Property Details | No Agent List