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$458,000

NAL Estimated Property Value

2714 Palm St, Houston, TX, 77004

Off MarketInfo
CommercialInfo
Beds2 Beds
Baths1 Bath
Baths3,396 Sq Ft
price_per_sqft$125.15 / sqft
Year BuiltBuilt in 1928

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Disposal, Microwave, Dishwasher, Refrigerator
FlooringCarpet, Tile, Wood, Hardwood, Vinyl

Exterior

Exterior FeaturesPrivate Entrance
Lot Size5,776 sqft

Building Information

Year Built1928
Stories2

Land Information

APN0610820020009
Lot Number9
SubdivisionRiverside Extn
Land UseResidential
Legal DescriptionLT 9 BLK 2 RIVERSIDE EXTN
Census Tract313000
Assessed Land Value$170,888
Assessed Improvement Value$173,348
Assessment Year2025

About this property

Prime investment opportunity in the heart of Riverside and University area, this duplex is perfectly situated near universities, downtown, and the Texas Medical Center. *New Roof Feb 2025. Upstairs HVAC 2019. Downstairs HVAC 2022* Each unit offers 2 generously sized bedrooms, 1 bath, a spacious living and dining room, and a kitchen with a cozy breakfast nook. Unique features include a bonus room in both units, private laundry connections, and backyard deck for each tenant’s enjoyment. Unit 1 also boasts a sunroom, ideal for a home office or additional relaxation space. The property combines modern updates—renovated kitchens and baths—with timeless appeal, showcasing gleaming hardwood floors, a neutral color palette, and vintage architectural charm. Replacement windows enhance energy efficiency. The backyard deck offers outdoor enjoyment, and off-street parking adds extra convenience. This property is a rare find for investors seeking immediate income potential.

Investor Tools

Property Icon
$458,000
Estimated Property Value
$293,816Estimated Mortgage Balance
$164,184Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,748 /month
Positive
Cash Flow Estimate:
$916 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$584/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,716
$344,236
2025
$170,888
$173,348
$344,236
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,716
$344,236

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Paramount Residential Mortgage Group
Conventional
$300,000
No
First
Mar 21, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$293,816
$165,184
35%
64%
$1,799/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,799/mo
+$427/mo
5.8%

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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2714 Palm St | Property Details | No Agent List