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$495,000

2804 Arlington St, Houston, TX, 77008

On MarketInfo
CommercialInfo
Beds2 Beds
Baths1 Bath
Baths1,379 Sq Ft
Multi FamilyMulti Family
price_per_sqft$358.96 / sqft
Year BuiltBuilt in 1965

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Microwave, Dishwasher, Refrigerator
FlooringTile, Vinyl

Exterior

Exterior FeaturesPrivate Entrance
Lot Size4,413 sqft

Building Information

Year Built1965

Land Information

APN0350760120023
SubdivisionSunset Heights
Land UseResidential
Legal DescriptionTRS 21A 22A 23A & 24A BLK 12 SUNSET HEIGHTS
Census Tract511502
Assessed Land Value$374,935
Assessed Improvement Value$58,551
Assessment Year2025

About this property

Discover a rare opportunity in the Heights w/ this versatile property. This beautifully maintained home features a 2 BR, 1 BA main residence + a fully equipped 1 BR, 1 BA guest house, offering potential for rental income, multigenerational living, or a private studio. The main house boasts fresh updates, including new flooring & a renovated kitchen w/ quartz countertops, SS appliances, ample storage & a remodeled bathroom. Additional features include an inviting living area, in-home laundry, & dedicated parking behind an automatic driveway gate. The guest house lives like a true home w/ a full kitchen, comfortable living room, independent laundry, dedicated parking, gated entrance and private yard. Both dwellings are currently leased, providing immediate income potential for investors. Ideally situated close to beloved Heights shops, restaurants, & parks, this property also offers unbeatable proximity to the Houston Farmers Market, Whole Foods, Angela’s Oven, & access to 610 & I-45.

Investor Tools

Property Icon
$490,000
Estimated Property Value
$168,300Estimated Mortgage Balance
$384,045Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,970 /month
Positive
Cash Flow Estimate:
$990 /month

Interested in this property?

Kyla Linn

Compass RE Texas, LLC - Houston

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$910/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,472
$433,486
2025
$374,935
$58,551
$433,486
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,472
$433,486

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Home Usa Mortgage Inc
Conventional
$168,300
No
First
Nov 15, 2010
Dec 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$105,955
$384,045
78%
22%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
N/A
+$2,230/mo
5.5%

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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2804 Arlington St | Property Details | No Agent List