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$371,000

NAL Estimated Property Value

2903 Sherman St Unit B, Houston, TX, 77003

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,777 Sq Ft
price_per_sqft$174.4 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListAbsentee OwnerVacant Homes

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher

Exterior

Lot Size1,586 sqft

Building Information

Year Built2007
Garage Spaces1

Land Information

APN1292120010070
Lot Number70
SubdivisionCommerce Avenue T/H
Land UseResidential
Legal DescriptionLT 70 BLK 1 COMMERCE AVENUE T/H
Census Tract310101
Assessed Land Value$61,760
Assessed Improvement Value$267,889
Assessment Year2025

About this property

Come home to this Loft Style Home in the very popular East End. Walk to Minute Maid and be a part of the exploding development in the East River District. Tucked away in a private 6 Unit courtyard, this home is exceptional! Updated and recently painted, this contemporary design offers an abundance of natural light; expansive rooms; glorious high ceilings. Sencond Floor has open concept kitchen/living/dining that flows onto covered balcony IDEAL FOR ENTERTAINING. Seller just put in a BRAND NEW AC! Private garage; maintenance-free backyard, stained concrete and wood floors. Unbelievable location directly across the street from HISD magnet school and Settegast Park with tennis courts, basketball pavilion, baseball field, splash pad and playground. A MUST SEE!

Investor Tools

Property Icon
$371,000
Estimated Property Value
$226,898Estimated Mortgage Balance
$144,102Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,226 /month
Positive
Cash Flow Estimate:
$742 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$502/month
$49/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,164
$329,649
2025
$61,760
$267,889
$329,649
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,164
$329,649

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Conventional
$248,000
No
First
Nov 10, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$226,898
$144,102
38%
61%
$1,487/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,590/mo
$1,536/mo
+$54/mo
5.1%

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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2903 Sherman St Unit B | Property Details | No Agent List