19Days on Market

4view

$210,000

$230,000

2531 Jones St, Houston, TX, 77026

$273,000 ARV

On Market

Commercial

Price Drop

4 Beds

2 Bath

1,481 Sq Ft

$141.8 / sqft

Built in 1930

Highlights

Interior

Bedrooms 4

Bathrooms Full 1

Heating

Exterior

Lot Size5,001 sqft

Building Information

Year Built1930

Land Information

APN0582490000009

Lot Number9

SubdivisionRichardson

Land UseResidential

Legal DescriptionLT 9 BLK 1 RICHARDSON

Census Tract210800

Assessed Land Value$90,000

Assessed Improvement Value$66,666

Assessment Year2025

About this property

This income-generating DUPLEX located in the Greater Fifth Ward is an absolute CASH COW!!! This property is perfect for investors seeking steady returns or first-time buyers looking to build wealth through real estate. Both units are detached houses consisting of 2 bedrooms and 1 bathroom each. They are occupied and rented out for $950 each already! The exterior has been renovated, the roof has been replaced and mini splits units have just been installed. Moreover, tenants PAY ALL UTILITIES! This property is a reliable revenue stream for seasoned investors or those starting their portfolio. Don’t miss out on this money-making gem that combines location, stability, and profitability in one incredible investment opportunity! Come take advantage of this UNIQUE opportunity BEFORE IT’S GONE!!!

Investor Tools

$137,114Estimated Mortgage Balance

$110,886Estimated Equity

44% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)*

$273,000

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,488 /month

Positive

Cash Flow Estimate:

$496 /month

Interested in this property?

Michael Carbajal

Keller Williams Preferred

Contact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$380/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,324

$156,666

2025

$90,000

$66,666

$156,666

Tax History

Year

Tax Paid

Assessed Value

2024

$3,324

$156,666

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Houston West Management Llc

Purchase Money Mortgage

$140,000

First

May 20, 2025

Nov 2025

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$137,114

$110,886

44%

55%

$840/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,307/mo

$840/mo

+$467/mo

6.3%

Learn About the Market: Opportunity in Houston

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 This Area