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$1,022,800

NAL Estimated Property Value

2535 Southgate Blvd, Houston, TX, 77030

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,736 Sq Ft
price_per_sqft$316.76 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size5,502 sqft

Building Information

Year Built1940
Stories1
Garage Spaces1

Land Information

APN0630270030002
Lot Number2
SubdivisionBrantwood
Land UseResidential
Legal DescriptionLT 2 BLK 3 BRANTWOOD
Census Tract412202
Assessed Land Value$632,500
Assessed Improvement Value$390,300
Assessment Year2025

About this property

Great opportunity to purchase in the highly desirable Southgate area and renovate this classic 1940’s bungalow or build your forever home zoned to the scholastically recognized Roberts Elementary School less than a mile away. In addition, you'll love that it's conveniently located close to Rice Village with fun venues, shopping and restaurants, Rice University, Hermann Park, the Houston Zoo and the Medical Center to name just a few. Don't wait to make plans to view and take advantage of this great opportunity to purchase now and build later. Priced to Sell!

Investor Tools

Property Icon
$1,022,800
Estimated Property Value
$376,695Estimated Mortgage Balance
$646,105Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,137 /month
Positive
Cash Flow Estimate:
$2,046 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,799/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,475
$1,022,800
2025
$632,500
$390,300
$1,022,800
No

Tax History

Year
Tax Paid
Assessed Value
2024
$16,475
$1,022,800

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gibraltar Mortgage Services Llc
Conventional
$424,000
No
First
Aug 20, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$376,695
$646,105
63%
37%
$2,543/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,330/mo
$2,543/mo
$-213/mo
2.7%

City: Houston

2535 Southgate Blvd | Property Details | No Agent List