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$299,900

3233 Rosedale Street, Houston, TX, 77004

$354,197 ARVInfo
Under ContractInfo
CommercialInfo
Beds2 Beds
Baths2 Bath
Baths2,352 Sq Ft
Multi FamilyMulti Family
price_per_sqft$127.51 / sqft
Year BuiltBuilt in 1956

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size5,249 sqft

Building Information

Year Built1956
Stories2
Garage Spaces2

Land Information

APN0741170010035
SubdivisionSutton Place R/P
Land UseResidential
Legal DescriptionTR 35A BLK 1 SUTTON PLACE R/P
Census Tract312902
Assessed Land Value$152,880
Assessed Improvement Value$103,370
Assessment Year2025

About this property

Opportunity knocks in Houston’s fast-evolving Third Ward/Riverside Terrace. This vintage duplex sits in a high-demand location just minutes from Downtown, the University of Houston, and the Texas Medical Center, placing it at the center of some of Houston’s strongest rental drivers. Each unit offers 2 bedrooms and 1 bath, creating flexible potential for investors, house hackers, or owner-occupants seeking future income. With quick access to I-45, I-69, Hwy 288, and Loop 610, tenants enjoy an easy commute to major employment, education, and entertainment hubs. As Third Ward continues to experience growth and revitalization, properties like this present a compelling value-add opportunity. Renovate to suit owner-occupancy needs, or hold as a long-term investment in one of Houston’s most promising urban neighborhoods. Sold as-is. No repairs will be made. On-site parking available.

Investor Tools

$249,279Estimated Mortgage Balance
$116,721Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$354,196
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,196 /month
Positive
Cash Flow Estimate:
$732 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$621/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,626
$256,250
2025
$152,880
$103,370
$256,250
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$5,626
$256,250

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Houston West Management Llc
Purchase Money Mortgage
$250,000
No
First
Apr 27, 2026
Oct 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$249,279
$116,721
31%
68%
$1,499/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,499/mo
+$727/mo
7.3%

City: Houston

3233 Rosedale Street | Property Details | No Agent List