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Owner Contacts

$1,858,000

2931 Plumb St, Houston, TX, 77005

Off Market

4 Beds

4 Bath

3,122 Sq Ft

Single Family Residence

$528.51 / sqft

Built in 1942

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Range, Dishwasher, Dryer, Oven, Refrigerator, Washer

FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony

Lot Size5,502 sqft

Building Information

Year Built1942

Stories2

Garage Spaces2

Land Information

APN0600220000001

Lot Number1

SubdivisionRice Court

Land UseResidential

Legal DescriptionLT 1 BLK 2 RICE COURT

Census Tract412300

Assessed Land Value$825,000

Assessed Improvement Value$761,400

Assessment Year2025

About this property

Timeless, warm & inviting West U home recently remodeled, a few blocks from Weir Park. Gourmet kitchen w/6-gas burner Thermador range/hood, Viking fridge, quartz countertops & a plethora of cabinets. Solid white oak wood floors. Updates include kitchen, baths, flooring, front elevation, windows, front door, PEX plumbing, lighting/plumbing fixtures, interior/exterior paint, electrical panel/outlets, enclosed private primary balcony & artificial turf, landscaping. 1st floor bedroom w/private ensuite/large walk-in closet. Primary suite w/oversized PRIVATE BALCONY! 3rd bedroom w/loft. Living room & dining formals, kitchen overlooks the family room w/dual-sided island, wine bar in family room, upstairs game room w/2nd floor front balcony & great views of the neighborhood. Inviting front porch entry w/swing. Home is equipped w/a generator & sprinkler sys. Location is ideal for an active lifestyle w/walkability to neighborhood parks, Rice Village & more! Ask for a list of updates. Per Seller.

Investor Tools

$1,858,000

Estimated Property Value

$1,352,750Estimated Mortgage Balance

$508,151Estimated Equity

27% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$11,148 /month

Positive

Cash Flow Estimate:

$3,716 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$3,161/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$28,642

$1,586,400

2025

$825,000

$761,400

$1,586,400

Tax History

Year

Tax Paid

Assessed Value

2024

$28,642

$1,586,400

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Trustmark National Bank

Conventional

$1,352,750

First

Mar 2, 2026

Apr 2056

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$1,349,849

$447,151

24%

73%

$7,783/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,340/mo

$7,783/mo

$-4,443/mo

2.2%

Learn About the Market: Opportunity in Houston

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