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$331,000

261 Owens St, Houston, TX, 77029

Off MarketInfo
Beds6 Beds
Baths4 Bath
Baths1,956 Sq Ft
Year BuiltBuilt in 2023

Property Lead Type:

Deal ListAbsentee Owner

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 4Bathrooms Full 4
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size6,721 sqft

Building Information

Year Built2023

Land Information

APN0700110200016
Lot Number16
SubdivisionClinton Park
Land UseResidential
Legal DescriptionLT 16 BLK 20 CLINTON PARK
Census Tract233600
Assessed Land Value$53,284
Assessed Improvement Value$246,716
Assessment Year2025

About this property

The Lot is SQ FT 6 7 2 1 a good size and offer city water sewer services utilities are available!!! SURVEY Attached!!! NO HOA-NO FLOOD ZONE- NO restrictions-Lot is CLEAN, and clear--LOTS of NEW Homes going up!!! Ready to build your NEW Home OR Investment property--Easy access to Frwy-610, I-10 and Hwy 225.

Investor Tools

Property Icon
$331,000
Estimated Property Value
$3,000,000Estimated Mortgage Balance
$0Estimated Equity
-806% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,986 /month
Positive
Cash Flow Estimate:
$662 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$577/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,269
$300,000
2025
$53,284
$246,716
$300,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,269
$300,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank 7
Building Or Construction Loan
$3,000,000
No
First
Jun 22, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$5,930,225
N/A
0%
1792%
$38,972/mo

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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261 Owens St | Property Details | No Agent List