11Days on Market

1view

$332,000

$2,490

4036 Center St, Houston, TX, 77007

On Market

Just Added

Price Drop

2 Beds

2 Bath

1,296 Sq Ft

Condos / Townhouses

$256.17 / sqft

Built in 2005

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Microwave, Dishwasher

FlooringTile, Wood

Exterior

Lot Size1,468 sqft

Building Information

Year Built2005

Garage Spaces1

Land Information

APN1256720030007

Lot Number7

SubdivisionBonner Street Plaza

Land UseResidential

Legal DescriptionLT 7 BLK 3 BONNER STREET PLAZA

Census Tract510601

Assessed Land Value$196,371

Assessed Improvement Value$119,619

Assessment Year2025

About this property

Welcome to 4036 Center Street, a charming 2-bedroom home in the heart of Houston Heights. You'll find privacy and function meet with one bedroom on the first floor and the primary suite on the second floor. Each bedroom has it's own private ensuite and a huge closet! The home is fully hard floors and modern fixtures. This inviting residence blends classic character with modern comfort, featuring bright living spaces, functional updates, and a layout designed for easy living. Enjoy close proximity to the Heights Hike & Bike Trail, popular restaurants, coffee shops, boutiques, and neighborhood favorites (see the attached flyer for a breakdown of everything nearby!) Don't miss this opportunity to own a home in one of Houston's most desirable communities. Schedule your showing today!

Investor Tools

$73,195Estimated Mortgage Balance

$262,805Estimated Equity

77% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,016 /month

Positive

Cash Flow Estimate:

$672 /month

Interested in this property?

Sarah Lernor

Realvest Services, LLC

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$661/month

$1,350/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,258

$315,990

2025

$196,371

$119,619

$315,990

Tax History

Year

Tax Paid

Assessed Value

2024

$6,258

$315,990

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Nationstar Mortgage Llc

Conventional

$183,500

First

Jan 2, 2016

Feb 2031

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$73,195

$258,805

77%

22%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,960/mo

$1,350/mo

+$610/mo

7.0%

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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