B+

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Owner Contacts

$342,000

2605 Calumet St Apt 41, Houston, TX, 77004

Off Market

2 Beds

2 Bath

1,895 Sq Ft

Condos / Townhouses

$174.14 / sqft

Built in 2006

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Oven, Microwave, Gas Cooktop, Gas Range, Dishwasher, Washer/Dryer

FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony

Lot Size1,477 sqft

Building Information

Year Built2006

Garage Spaces2

Land Information

APN1247840010041

Lot Number41

SubdivisionCalumet Drive Lofts

Land UseResidential

Legal DescriptionLT 41 BLK 1 CALUMET DRIVE LOFTS

Census Tract313000

Assessed Land Value$70,767

Assessed Improvement Value$227,148

Assessment Year2025

About this property

Modern marvel is just minutes to eclectic shopping, dining, parks, hike/bike trails, entertainment & sports venues, museums, the TX Med Center, Downtown & more. Entertaining is easy w/this open floorplan w/chic features like soaring ceilings, beautiful lighting & fans, gorgeous flooring & incredible natural light throughout. Private 1st-floor bedroom + full bath is perfect for guests. Main floor features a spacious living & elegant dining area & an immaculate kitchen. The kitchen offers crisp white cabinetry, sleek black appliances & a large pantry. A cozy study for the at-home professional is a painless commute. Private owner’s retreat on the 3rd floor offers plush carpet, neutral paint, a soaring ceiling & a wall of stacked windows. You’ll also find 2 walk-in closets & an updated ensuite bath w/dual sinks & a walk-in wet area w/dual shower heads & soaking tub. Private fenced patio is ready for BBQs. Lovely park across the street.

Investor Tools

$342,000

Estimated Property Value

$172,000Estimated Mortgage Balance

$180,303Estimated Equity

50% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,052 /month

Positive

Cash Flow Estimate:

$684 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$493/month

$129/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,204

$297,915

2025

$70,767

$227,148

$297,915

Tax History

Year

Tax Paid

Assessed Value

2024

$4,204

$297,915

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Bank Of America Na

Conventional

$172,000

First

Feb 28, 2023

Apr 2038

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$161,697

$173,303

51%

47%

$1,032/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,307/mo

$1,161/mo

+$146/mo

4.6%

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.

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