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$338,612

NAL Estimated Property Value

2915 Palm Street, Houston, TX, 77004

Off MarketInfo
CommercialInfo
Beds2 Beds
Baths1 Bath
Baths2,334 Sq Ft
Multi FamilyMulti Family
price_per_sqft$182.05 / sqft
Year BuiltBuilt in 1960

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Disposal, Microwave, Dishwasher, Refrigerator
FlooringWood, Hardwood

Exterior

Exterior FeaturesPrivate Entrance
Lot Size5,001 sqft

Building Information

Year Built1960

Land Information

APN0193060000015
Lot Number15,16
SubdivisionLincoln Park
Land UseResidential
Legal DescriptionLTS 15 & 16 BLK 2 LINCOLN PARK
Census Tract313000
Assessed Land Value$155,000
Assessed Improvement Value$183,612
Assessment Year2025

About this property

Cash flowing, remodeled duplex walking distance to Texas Southern University and biking distance to University of Houston and Rice University. Easy layout for roommates and easy to maintain with wood-like porcelain tile floors throughout. Washer/dryer, microwave included. New roof, HVAC, siding, Sheetrock, disposal, dishwasher, plumbing, and flooring (2019). Kitchen has granite countertops, glass tile backsplash. Driveway gate controls access to parking which can hold up to 4 cars. Additional street parking available NO PERMIT NEEDED.

Investor Tools

Property Icon
$338,612
Estimated Property Value
$346,199Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,549 /month
Positive
Cash Flow Estimate:
$850 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$716/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,896
$338,612
2025
$155,000
$183,612
$338,612
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,896
$338,612

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$376,983
Yes
First
Jan 7, 2022
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$346,199
N/A
0%
102%
$2,261/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$2,261/mo
$-35/mo
7.9%

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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2915 Palm Street | Property Details | No Agent List