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Owner Contacts

$448,554

NAL Estimated Property Value

2906 Southmore Blvd, Houston, TX, 77004

Off Market

4 Beds

4 Bath

2,072 Sq Ft

$207.52 / sqft

Built in 1940

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher, Washer

FlooringCarpet, Tile, Wood

Exterior

Lot Size5,611 sqft

Building Information

Year Built1940

Stories2

Garage Spaces1

Land Information

APN0610830040011

SubdivisionRiverside Extn

Land UseResidential

Legal DescriptionTR 11 BLK 4 RIVERSIDE EXTN

Census Tract313000

Assessed Land Value$168,330

Assessed Improvement Value$280,224

Assessment Year2025

About this property

This BEAUTIFUL RENOVATED 4-bedroom 2 1/2 bath home located near Medical Center, Herman Park, and the Museum District! When you enter the foyer, you are greeted with a EXQUISTIE chandelier an EXTRAVAGANT staircase, and hardwood floors throughout. The living room offers lots of natural light with a cozy fireplace and recessed lighting. The GORGEOUS kitchen features chevron backsplash, marble counters, stainless steel appliances, a breakfast bar, and ample storage. The primary bedroom is on the first floor with a SPACIOUS walk-in closet and en-suite bath with dual sinks. On the second floor will find 3 bedrooms and a fully renovated bathroom. Large backyard space w/covered porch & detached garage. NO HOA! Don't miss this incredible opportunity! Contact us today to schedule your showing!

Investor Tools

$448,554

Estimated Property Value

$382,641Estimated Mortgage Balance

$65,913Estimated Equity

14% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,691 /month

Positive

Cash Flow Estimate:

$897 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$688/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,016

$448,554

2025

$168,330

$280,224

$448,554

Tax History

Year

Tax Paid

Assessed Value

2024

$6,016

$448,554

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Better Mortgage Corporation

Conventional

$389,500

First

May 16, 2025

Jun 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$382,641

$65,913

14%

85%

$2,336/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$2,336/mo

$-614/mo

4.6%

Learn About the Market: Opportunity in Houston

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