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$357,091

NAL Estimated Property Value

2909 Arbor St, Houston, TX, 77004

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,568 Sq Ft
price_per_sqft$222.9 / sqft
Year BuiltBuilt in 1945

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher, Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Lot Size5,249 sqft

Building Information

Year Built1945

Land Information

APN0570800000019
Lot Number19
SubdivisionFeldman Court
Land UseResidential
Legal DescriptionLT 19 BLK 2 FELDMAN COURT
Census Tract313000
Assessed Land Value$178,500
Assessed Improvement Value$178,591
Assessment Year2025

About this property

Welcome to this 1945 gem, offering 3 bedrooms, 2 spacious baths, and brimming with timeless character. The open kitchen, living, and dining areas flow together beautifully. Front windows fill the area with natural light and the original hardwood floors add a touch of vintage charm to this unique living room. The two secondary bedrooms are on the first floor, while the loft-style primary suite takes up the entire second floor. Highlights of the primary suite include built-in bookshelves with a large windowsill perfect for a reading nook, and a spacious walk-in closet. Outside, you'll find a large back deck and a fully fenced yard and automatic driveway gate. Located on a quiet street near walking and biking trails, this home is close to the Med Center, Midtown/Downtown, Rice, the Museum District, and EaDo. Great student housing for University of Houston, Texas Southern University or Med students.

Investor Tools

Property Icon
$357,091
Estimated Property Value
$330,441Estimated Mortgage Balance
$26,650Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,143 /month
Positive
Cash Flow Estimate:
$714 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$581/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,188
$357,091
2025
$178,500
$178,591
$357,091
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,188
$357,091

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nexa Mortgage Llc
Fha
$333,841
Yes
First
Oct 28, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$330,441
$26,650
7%
93%
$2,002/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,002/mo
$-280/mo
5.8%

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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2909 Arbor St | Property Details | No Agent List