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$197,000

NAL Estimated Property Value

2931 Lidstone St, Houston, TX, 77023

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,127 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.42 / sqft
Year BuiltBuilt in 1946

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating

Exterior

Lot Size5,001 sqft

Building Information

Year Built1946
Stories1
Garage Spaces2

Land Information

APN0563340560001
Lot Number1
SubdivisionEdmundson
Land UseResidential
Legal DescriptionLT 1 BLK 56 W L EDMUNDSON SEC 5
Census Tract311800
Assessed Land Value$50,000
Assessed Improvement Value$84,572
Assessment Year2025

About this property

Welcome to 2931 Lidstone Street, a cozy and updated 2-bedroom, 1-bathroom home located in Houston’s desirable University Area. Nestled on a 5,000 sq ft lot, this 1,127 sq ft home offers comfort, convenience, and classic charm in a well-established neighborhood. Built in 1946 and thoughtfully maintained, this home features spacious bedrooms, a functional layout, and a 2-car attached/detached garage—ideal for storage or working on projects. Located near major freeways including I-45 and Hwy 90, commuting is a breeze with quick access to downtown, the University of Houston, and East End destinations. Enjoy a fully fenced yard perfect for pets (case-by-case approval), and peace of mind with no HOA restrictions. Zoned to Houston ISD schools including Peck Elementary, Navarro Middle, and Austin High School. Available now for long-term lease. Monthly rent is $1,800 with a $1,800 security deposit. Pets allowed upon approval (please provide size, breed, and photo).

Investor Tools

Property Icon
$197,000
Estimated Property Value
$142,391Estimated Mortgage Balance
$54,609Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,182 /month
Positive
Cash Flow Estimate:
$394 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$317/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,816
$134,572
2025
$50,000
$84,572
$134,572
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,816
$134,572

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ocmbc Inc
Conventional
$151,200
No
First
Mar 15, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$142,391
$57,609
28%
72%
$907/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$907/mo
+$400/mo
8.0%

City: Houston

2931 Lidstone St | Property Details | No Agent List