40Days on Market

1view

$290,000

2909 Newington Lane, Houston, TX, 77047

On Market

3 Beds

2 Bath

1,422 Sq Ft

Single Family Residence

$203.94 / sqft

Built in 2022

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher

FlooringCarpet, Vinyl

Exterior

Lot Size4,840 sqft

Building Information

Year Built2022

Garage Spaces2

Land Information

APN1445740010004

Lot Number4

Land UseResidential

Legal DescriptionLT 4 BLK 1 CITY GATE SEC 6

Census Tract331502

Assessed Land Value$52,844

Assessed Improvement Value$229,656

Assessment Year2025

About this property

Welcome to City Gate — Houston's Hidden Gem Just South of Downtown! Built in 2022, this pristine 3-bedroom, 2-bath home is nestled inside the sought-after City Gate gated community, offering controlled-access security and peace of mind in the heart of the city. Step inside to find a bright, move-in-ready interior that feels brand new. The open layout flows seamlessly to a covered back patio — perfect for relaxing or entertaining year-round. A spacious 2-car garage rounds out this turnkey package. Location is everything here: hop onto Highway 288 in minutes, with effortless access to the Texas Medical Center, vibrant Downtown Houston, and an abundance of dining and shopping options nearby. Whether you're a first-time buyer, a medical professional, or anyone who wants stylish, low-maintenance living with unbeatable convenience — City Gate delivers.

Investor Tools

$292,000

Estimated Property Value

$0Estimated Mortgage Balance

$292,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,752 /month

Positive

Cash Flow Estimate:

$584 /month

Interested in this property?

Jimmy Simien

Simien Properties

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$522/month

$1,350/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,801

$282,500

2025

$52,844

$229,656

$282,500

Tax History

Year

Tax Paid

Assessed Value

2024

$4,801

$282,500

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$292,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,000/mo

$1,350/mo

+$650/mo

8.2%

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.

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