Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Main property image
Days17Days on Market
Views1view
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$7,500

2940 Payson St, Houston, TX, 77021

On MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,579 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$2.1 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dryer Included, Refrigerator Included, Washer Included, Electric Oven, Microwave, Gas Cooktop, Dryer, Refrigerator, Washer, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesSprinkler System
Lot Size7,749 sqft

Building Information

Year Built2017
Stories1
Garage Spaces2

Land Information

APN0680170050011
Lot Number11
SubdivisionCentral City
Land UseResidential
Legal DescriptionLT 11 BLK 5 CENTRAL CITY
Census Tract313901
Assessed Land Value$223,274
Assessed Improvement Value$539,105
Assessment Year2025

About this property

Beautifully updated and move-in ready! This spacious 4-bedroom, 4.5-bath home is ideally located just minutes from the Texas Medical Center with an easy walk or quick commute. The recently remodeled kitchen features quartz countertops, a large island, stainless JennAir appliances, a 36" gas cooktop, convection oven, and abundant freshly painted maple cabinetry. The open-concept layout flows into the family room, while the first-floor primary suite and private study offer comfort and flexibility. Upstairs you'll find a game room, media room, and spacious secondary bedrooms, each with its own private bath. Designer finishes, an elegant iron staircase, formal dining room, and covered patio complete the home. Whole-home generator provides peace of mind, and yard service is included for low-maintenance living. No flooding/not in the flood zone. Immediate move-in available!

Investor Tools

$585,412Estimated Mortgage Balance
$176,967Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,574 /month
Positive
Cash Flow Estimate:
$1,525 /month

Interested in this property?

Ashley Heacock

Compass RE Texas, LLC - Houston

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,302/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,808
$762,379
2025
$223,274
$539,105
$762,379
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,808
$762,379

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Evansville Teachers Fcu
Conventional
$663,000
No
First
Aug 21, 2020
Sep 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$585,412
$176,967
23%
77%
$3,976/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$3,976/mo
$-1,750/mo
3.5%

Learn About the Market: Opportunity in Houston

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

2940 Payson St | Property Details | No Agent List