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$393,526

NAL Estimated Property Value

2918 Cleburne St, Houston, TX, 77004

Off MarketInfo
LeaseInfo
Beds3 Beds
Baths3 Bath
Baths2,304 Sq Ft
price_per_sqft$0.98 / sqft
Year BuiltBuilt in 1944

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Oven, Microwave, Gas Cooktop, Dryer, Refrigerator, Washer, Dishwasher
FlooringWood

Exterior

Lot Size5,249 sqft

Building Information

Year Built1944

Land Information

APN0611630280011
Lot Number11
SubdivisionWashington Terrace
Land UseResidential
Legal DescriptionLT 11 BLK 28 WASHINGTON TERRACE
Census Tract312700
Assessed Land Value$178,500
Assessed Improvement Value$215,026
Assessment Year2025

About this property

Welcome to 2918 Cleburne St! Located next to Texas Southern University is a charming 3 bedrooms, 2.5 bath home full of style and classic elegance of the 1940’s. Exceptionally clean and bright throughout which makes it the perfect rental property! All bedrooms are upstairs with a nice sized primary bedroom and ensuite bathroom with double sinks. This beautifully remodeled home features a new hot water heater (2022), windows, large deck, landscaping, radiant barrier in attic & added insulation. Check out the original wood staircase and stunning kitchen! Permit parking on street for Homeowners M-F along with driveway parking for 2 vehicles. Easy access to 288 and 59 and near Texas Medical Center, TSU, U of H and downtown. All bills paid by tenant, expect gas. Available for move in now.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$851/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,247
$393,526
2025
$178,500
$215,026
$393,526
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,247
$393,526

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Compass Bank
Conventional
$380,000
No
First
Jan 31, 2019
Feb 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$324,116
$69,410
17%
82%
$2,279/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,279/mo
$-557/mo
5.3%

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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2918 Cleburne St | Property Details | No Agent List