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Owner Contacts

$1,380,000

NAL Estimated Property Value

2812 Amherst St, Houston, TX, 77005

Off Market

4 Beds

3 Bath

2,362 Sq Ft

Single Family Residence

$465.28 / sqft

Built in 1934

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Heating Central

Cooling

AppliancesDisposal, Convection Oven, Electric Oven, Microwave, Gas Range, Dishwasher, Refrigerator

FlooringTile, Wood

Exterior

Lot Size5,249 sqft

Building Information

Year Built1934

Stories2

Land Information

APN0600320000024

Lot Number24

SubdivisionRice Court

Land UseResidential

Legal DescriptionLT 24 BLK 12 RICE COURT

Census Tract412300

Assessed Land Value$787,500

Assessed Improvement Value$462,571

Assessment Year2025

About this property

Fabulous remodel on this ultra-cool contemporary home on premier West U block boasts amazing addition by acclaimed architectural designer Carlos Jimenez-published in his book! Downstairs renovations include new windows facing North, opened walls, raised ceilings, recent water heater, total kitchen remodel includes stunning gorgeous white quartzite, Thermador SS appliances, gas cooktop/overhead vent, zebrawood, wine fridge. Large backyard offers picturesque setting for 4 true bedrooms/2015 AC ductless AC w dehumidifier, water purification system, 2015 electrical, gate opener, sprinkler/landscaping upgrade and many other touches! Easy to show and truly remarkable and unique in person.

Investor Tools

$1,380,000

Estimated Property Value

$774,231Estimated Mortgage Balance

$605,769Estimated Equity

47% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$8,280 /month

Positive

Cash Flow Estimate:

$2,760 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$2,424/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$22,187

$1,250,071

2025

$787,500

$462,571

$1,250,071

Tax History

Year

Tax Paid

Assessed Value

2024

$22,187

$1,250,071

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Ally Bank

Conventional

$856,000

First

May 21, 2021

Jun 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$774,231

$693,769

47%

56%

$5,133/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,340/mo

$5,133/mo

$-1,793/mo

2.9%

Learn About the Market: Opportunity in Houston

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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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