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$399,000

318 Tennessee Street, Houston, TX, 77029

On MarketInfo
CommercialInfo
Beds3 Beds
Baths2 Bath
Baths2,368 Sq Ft
Multi FamilyMulti Family
price_per_sqft$168.5 / sqft
Year BuiltBuilt in 2024

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 4Bathrooms Full 4
Heating CentralHeating Central
CoolingCooling
AppliancesRange, ENERGY STAR Qualified Appliances, Disposal, Microwave, Dishwasher
FlooringLaminate

Exterior

Lot Size2,500 sqft

Building Information

Year Built2024

Land Information

APN0141170350027
Lot Number27
SubdivisionFidelity
Land UseResidential
Legal DescriptionLT 27 BLK 35 FIDELITY
Census Tract233600
Assessed Land Value$23,375
Assessed Improvement Value$299,415
Assessment Year2025

About this property

Prime investment opportunity in a vibrant Houston location, just minutes from downtown and within a short stroll to a nearby park. This thoughtfully designed duplex combines modern aesthetics with practical functionality, featuring soaring 10-foot ceilings, quartz countertops, soft-close kitchen drawers, and fully tiled baths from tub to ceiling. All-electric systems, individual driveways, gutters, and separate utilities reduce upkeep while maximizing rental appeal. Each unit offers a bright, open layout and high-quality finishes, attracting a wide tenant pool. The property’s turnkey condition ensures a smooth transition for investors seeking immediate income. Positioned in a strategic urban neighborhood, this duplex blends contemporary design, comfort, and long-term profitability, making it an exceptional choice for those looking to secure a stable, income-generating asset in Houston’s growing rental market.

Investor Tools

$348,652Estimated Mortgage Balance
$46,348Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,394 /month
Positive
Cash Flow Estimate:
$798 /month

Interested in this property?

Stephanie Warren

Redfin Corporation

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$190/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$300
$322,790
2025
$23,375
$299,415
$322,790
No

Tax History

Year
Tax Paid
Assessed Value
2024
$300
$322,790

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Calcon Mutual Mortgage Llc
Fha
$354,362
Yes
First
Jul 2, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$348,652
$46,348
11%
88%
$2,125/mo

City: Houston

318 Tennessee Street | Property Details | No Agent List