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$618,000

NAL Estimated Property Value

2705 Cleburne St, Houston, TX, 77004

Off MarketInfo
CommercialInfo
Beds6 Beds
Baths2 Bath
Baths3,397 Sq Ft
Multi FamilyMulti Family
price_per_sqft$194.29 / sqft
Year BuiltBuilt in 1930

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
AppliancesRange, Disposal, Trash Compactor, Microwave, Dishwasher, Refrigerator
FlooringLaminate, Tile

Exterior

Lot Size5,249 sqft

Building Information

Year Built1930
Stories2
Garage Spaces2

Land Information

APN0611560180015
Lot Number15
SubdivisionWashington Terrace
Land UseResidential
Legal DescriptionLT 15 BLK 18 WASHINGTON TERRACE
Census Tract312700
Assessed Land Value$178,500
Assessed Improvement Value$370,702
Assessment Year2025

About this property

This well-located Fourplex in Houston's vibrant 77004 zip code presents an exceptional opportunity for investors seeking stable cash flow in a high-demand area. The property benefits from consistent rental demand from students, faculty, & young professionals. The four spacious units offer potential through modern upgrades & optimized layouts. It’s strategic improvements, delivering strong returns in Houston's competitive rental market. The property's prime location provides easy access to downtown Houston, BBVA Stadium, & major employers, ensuring long-term tenant appeal. With flexible zoning & a well-maintained structure, this turnkey investment is perfect for both new & experienced investors looking to capitalize on Houston's growing multi-family market. Avail this chance to own a high-performing asset in one of the city's most dynamic neighborhoods. No HOA Fees: Maximize profitability. Potential Use: Short term & long-term rental.

Investor Tools

Property Icon
$618,000
Estimated Property Value
$470,451Estimated Mortgage Balance
$147,549Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,960 /month
Positive
Cash Flow Estimate:
$1,320 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,197/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,270
$549,202
2025
$178,500
$370,702
$549,202
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,270
$549,202

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Matador Lending Llc
Unknown
$472,500
No
First
Feb 6, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$470,451
$149,549
24%
76%
$2,833/mo

City: Houston

2705 Cleburne St | Property Details | No Agent List