$450,000
2809 Houston Ave, TX, 77009
On Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Exterior
Lot Size5,001 sqft
Building Information
Year Built1920
Stories1
Land Information
APN0501760000003
Lot Number3
SubdivisionHoward Terrace
Land UseResidential
Legal DescriptionLT 3 BLK 1 HOWARD TERRACE
Census Tract510301
Assessed Land Value$450,000
Assessed Improvement Value$48,977
Assessment Year2025
About this property
HEIGHTS BUILDERS & DEVELOPERS — your next opportunity is here. 2809 Houston Avenue offers a 5,000 SF lot with an existing single-family home, primed for redevelopment in the heart of the Heights. Directly across from Woodland Park, zoned to highly sought-after Travis Elementary, and centrally located with quick access to Downtown and Houston’s major freeways. Capitalize on the potential for Downtown skyline views and build in one of Houston’s most affluent and desirable neighborhoods. Bring your plans, break ground, and make your mark on the Heights.
Investor Tools
$0Estimated Mortgage Balance
$622,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,732 /month
Positive
Cash Flow Estimate:
$1,244 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$302/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$515
$498,977
2025
$450,000
$48,977
$498,977
Yes (2095)
Tax History
Year
Tax Paid
Assessed Value
2024
$515
$498,977
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$622,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
N/A
+$1,722/mo
3.3%
