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$404,000

NAL Estimated Property Value

2537 Rusk St, Houston, TX, 77003

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,125 Sq Ft
price_per_sqft$169.36 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher, Cooktop
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size1,586 sqft

Building Information

Year Built2006
Garage Spaces2

Land Information

APN1269280010022
Lot Number22
SubdivisionWaterhill Homes On Rusk
Land UseResidential
Legal DescriptionLT 22 BLK 1 WATERHILL HOMES ON RUSK SEC 1
Census Tract310101
Assessed Land Value$82,979
Assessed Improvement Value$289,435
Assessment Year2025

About this property

Perfectly located in the heart of EaDo, this recently updated 3/3.5 townhome is steps away from Minute Maid Park, BBVA Compass Stadium, the METRO LightRail and many local restaurants, coffee shops, venues, and more! The home features hard-to-find private outdoor spaces including a low maintenance backyard with pet-friendly turf and a producing lemon tree. Other outdoor spaces include a walkout balcony off the living room and a roof-top terrace with a scenic view. This sleek yet functional home is perfect for entertaining with its open concept floor plan and newly renovated kitchen with quartz countertops, subway tile backsplash, and a deep sink with pull-down faucet. Other upgrades to the home include custom Elfa closet systems in all bedrooms, built-in surround sound in the living room and a new outdoor AC unit installed in 2019. Additionally, an office/nook is tucked away on the fourth floor making it a perfect environment for working from home.

Investor Tools

Property Icon
$404,000
Estimated Property Value
$289,071Estimated Mortgage Balance
$114,929Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,424 /month
Positive
Cash Flow Estimate:
$808 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$603/month
$2,040/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,218
$372,414
2025
$82,979
$289,435
$372,414
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,218
$372,414

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Directions Equity Llc
Conventional
$320,850
No
First
Mar 15, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$289,071
$92,929
24%
72%
$1,924/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,090/mo
$3,964/mo
$-1,874/mo
6.2%

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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2537 Rusk St | Property Details | No Agent List