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Owner Contacts

$310,000

NAL Estimated Property Value

304 Cage St, Houston, TX, 77020

Off Market

3 Beds

2 Bath

1,608 Sq Ft

$230.04 / sqft

Built in 2004

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Microwave, Gas Range, Dishwasher

FlooringTile, Wood

Exterior

Exterior FeaturesBalcony

Lot Size1,734 sqft

Building Information

Year Built2004

Garage Spaces1

Land Information

APN1250510010014

Lot Number14

SubdivisionBallpark Iii

Land UseResidential

Legal DescriptionLT 14 BLK 1 BALLPARK III

Census Tract211400

Assessed Land Value$68,562

Assessed Improvement Value$227,168

Assessment Year2025

About this property

Welcome to 304 Cage, located in the bustling new East River development area, Houston’s newest mixed use destination. Your home has been updated with on-trend designer like features. Don't worry about the big things, in 2020 New A/C, New Gas Water Heater, New Kitchen Appliances. Complete list of upgrades attached. Open concept 2nd floor living, real oak hardwood floors throughout (except bathrooms and laundry room), vaulted ceilings, small fenced ground floor patio, second floor covered balcony. Oh, and wait until you see the newly installed primary closet built-ins which are well beyond your average poles and shelves. This small gated enclave is conveniently located close to downtown, Minute Maid Park, Toyota Center, PNC Soccer stadium and much much more. You will not find a similar home in this area with all of these updates.

Investor Tools

$310,000

Estimated Property Value

$287,515Estimated Mortgage Balance

$22,485Estimated Equity

13% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,219 /month

Positive

Cash Flow Estimate:

$740 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$487/month

$2,670/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,291

$295,730

2025

$68,562

$227,168

$295,730

Tax History

Year

Tax Paid

Assessed Value

2024

$4,291

$295,730

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Fairway Independent Mortgage Corp

Fha

$293,116

Yes

First

Apr 24, 2025

May 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$287,515

$46,485

13%

93%

$1,758/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$4,428/mo

$-2,706/mo

6.7%

Learn About the Market: Opportunity in Houston

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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.

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