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Owner Contacts

$425,000

NAL Estimated Property Value

2639 Prospect St, Houston, TX, 77004

Off Market

3 Beds

2 Bath

2,352 Sq Ft

Single Family Residence

$127.51 / sqft

Built in 1930

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating

FlooringTile, Wood

Exterior

Lot Size6,120 sqft

Building Information

Year Built1930

Garage Spaces1

Land Information

APN0611260350028

SubdivisionRiverside Terrace

Land UseResidential

Legal DescriptionTRS 16A & 17A BLK 35 RIVERSIDE TERRACE SEC 5

Census Tract313000

Assessed Land Value$176,235

Assessed Improvement Value$166,376

Assessment Year2025

About this property

Situated on a 6,120 square foot, elevated lot, this home offers 3 bedrooms, 2 bathrooms and formal living and dining rooms in the main house. The garage apartment offers an additional bedroom, bathroom and living area. The main home features a galley kitchen as well as a sizable breakfast nook and hardwood floors throughout. All bedrooms are located upstairs and one features an en-suite bathroom. Centrally located, the home is minutes from Texas Southern University, University of Houston, Texas Medical Center, Downtown Houston & the Museum District. This home is ideal for the buyer looking to make a home their own and restore this property to it's former glory.

Investor Tools

$425,000

Estimated Property Value

$0Estimated Mortgage Balance

$425,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,550 /month

Positive

Cash Flow Estimate:

$850 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$726/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,588

$342,611

2025

$176,235

$166,376

$342,611

Tax History

Year

Tax Paid

Assessed Value

2024

$6,588

$342,611

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$454,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

N/A

+$1,722/mo

4.9%

Learn About the Market: Opportunity in Houston

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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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