46Days on Market

1view

$1,165,000

2904 Ruth Street, Houston, TX, 77004

On Market

Commercial

0 Bath

5,544 Sq Ft

Multi Family

$210.14 / sqft

Built in 2026

Highlights

Interior

Bathrooms 0

AppliancesRange, Disposal, Microwave, Dishwasher, Refrigerator

FlooringVinyl

Exterior

Exterior FeaturesPrivate Entrance, Balcony

Lot Size5,249 sqft

Land Information

APN0611670000007

Lot Number7

SubdivisionWashington Terrace

Land UseResidential

Legal DescriptionLT 7 BLK 33 WASHINGTON TERRACE

Census Tract312700

Assessed Land Value$178,500

Assessment Year2025

About this property

This stunning contemporary property is an exceptional opportunity for investors, specifically designed to maximize rental yield. Each unit features a highly functional layout with 6 spacious bedrooms and 5 full bathrooms, providing the perfect high-capacity configuration for lucrative student housing, professional rentals, or vacation hosting. The property boasts a sophisticated open-concept design with high-end finishes. Perfectly situated for consistent demand, it is located just a few doors from Texas Southern University and within minutes of Downtown Houston and the Texas Medical Center. This combination of modern architectural appeal and an unbeatable urban location makes it a turnkey asset ready to generate immediate, high-value cash flow.

Investor Tools

$522,585Estimated Mortgage Balance

$739,415Estimated Equity

58% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$7,572 /month

Positive

Cash Flow Estimate:

$2,524 /month

Interested in this property?

Patricia Brand

Keller Williams Memorial

Contact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$837/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,735

$178,500

2025

$178,500

N/A

$178,500

Tax History

Year

Tax Paid

Assessed Value

2024

$3,735

$178,500

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Amcash Llc

Building Or Construction Loan

$530,341

First

Aug 28, 2025

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$522,585

$739,415

58%

41%

$3,180/mo

Learn About the Market: Opportunity in Houston

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 This Area