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B+
NoAgentList RatingHow are grades calculated? Info

$246,000

2827 Ellington St, Houston, TX, 77088

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,566 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$143.61 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Electric Range, Free-Standing Range, Dishwasher

Exterior

Lot Size7,139 sqft

Building Information

Year Built1969
Stories1
Garage Spaces1

Land Information

APN0986300000066
Lot Number66
SubdivisionMontgomery Terrace Tr A U/R
Land UseResidential
Legal DescriptionLT 66 BLK 3 MONTGOMERY TERRACE TR A U/R
Census Tract533100
Assessed Land Value$69,258
Assessed Improvement Value$158,703
Assessment Year2025

About this property

NEVER LIVED IN SINCE REMODELING . KITCHEN NEW EVERYTHING : CUSTOM WOOD CABINETS ,GRANITE COUNTERTOPS, RANGE, DISHWADER, DISPOSAL , SINK,FAUCET, MICOWAVE/HOOD, LIGHTFIXTURE ; mASTERBATRH EVERYTHING NEW: CUSTOM WOOD CABINET/GRANITE COUNTER, TUB,TUB-SURROUND(MARBLE), TUB FAUCET,SINK FAUCET, MIRROR, LIGHT FIXTURE AND WALK-IN CLOSET NEW TOO. UPDATED OTHER TWO BATHS, NEW COMPLETE A/C SYSTEM -CONDENSER,HEATER , COIL , ALL DUCTWORK AND THERMOSTAT ; NEW DOUBLE PAINE WINDOWS (5) WITH SOLAR SCREENS , NEW SOLAR SCREENS ON THE EXISTING 5 WINDOWS, COMPLETE NEW GUTTERS ALL 4 SIDES OF THE HOME, NEW ST AUGUSTINE GRASS IN THE BACK YARD, NEW CEDAR PICKET FENCE (REAR) , ALL MEW FLOORS( TILE AND LAMINATE) , NEW FANS(8), NEW LIGHT FIXTURES , NEW WATER HEATER , NEW ADDED 12 INCH THICK INSULATION IN THE ATTIC , COMPLETE NEW PAINT IN AND OUT ON THIS BRICK HOME

Investor Tools

Property Icon
$246,000
Estimated Property Value
$9,290Estimated Mortgage Balance
$237,072Estimated Equity
96% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,476 /month
Positive
Cash Flow Estimate:
$492 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$316/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,562
$227,961
2025
$69,258
$158,703
$227,961
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,562
$227,961

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Department Of Housing & Urban Dev
Conventional
$9,290
No
First
Mar 11, 2024
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$8,928
$230,072
96%
4%
$56/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$56/mo
+$2,170/mo
10.9%

Learn About the Market: Opportunity in Houston

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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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2827 Ellington St | Property Details | No Agent List