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$338,500

2616 Riverside Dr # K, Houston, TX, 77004

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,510 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$224.17 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Microwave, Gas Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesBalcony
Lot Size1,651 sqft

Building Information

Year Built2018
Garage Spaces2

Land Information

APN1307750010011
Lot Number11
SubdivisionRiverside Homes
Land UseResidential
Legal DescriptionLT 11 BLK 1 RIVERSIDE HOMES
Census Tract313000
Assessed Land Value$86,681
Assessed Improvement Value$264,657
Assessment Year2025

About this property

Nestled within a gated community in the heart of the Medical Center, this stunning two-level residence seamlessly blends comfort and functionality. The first floor offers two spacious guest bedrooms, a full bathroom, and access to a private patio—ideal for visitors, multigenerational living, or a dedicated home office. Upstairs, the home opens to an impressive Great Room with soaring 12-foot ceilings and abundant natural light, creating an airy, inviting atmosphere perfect for everyday living. The island kitchen serves as the home's centerpiece, showcasing premium appliances, generous counter space, and a window-lined dining area that adds warmth and brightness to every meal. The Owner’s Suite provides a true retreat, featuring an oversized walk-in closet, a spa-inspired bath complete with a therapy soaking tub, & dual quartz-topped vanities. Ideally located near H-E-B at Highway 288 and North MacGregor Way, residents enjoy convenient access to the Texas Medical Center.

Investor Tools

Property Icon
$362,000
Estimated Property Value
$305,000Estimated Mortgage Balance
$92,136Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,172 /month
Positive
Cash Flow Estimate:
$724 /month

Interested in this property?

Elizabeth Beiter

BeiterHaus

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$509/month
$1,700/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,295
$351,338
2025
$86,681
$264,657
$351,338
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,295
$351,338

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bancorpsouth Bank
Conventional
$305,000
No
First
Jun 15, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$269,864
$91,136
25%
75%
$1,829/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$3,529/mo
$-1,807/mo
5.7%

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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2616 Riverside Dr # K | Property Details | No Agent List