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$204,000

NAL Estimated Property Value

506 2nd St, Humble, TX, 77338

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths784 Sq Ft
ApartmentApartment
price_per_sqft$1.27 / sqft
Year BuiltBuilt in 1933

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Gas Range, Refrigerator
FlooringVinyl

Exterior

Exterior FeaturesBalcony
Lot Size6,800 sqft

Building Information

Year Built1933
Stories1
Garage Spaces1

Land Information

APN0501840000002
Lot Number2
SubdivisionBenders
Land UseResidential
Legal DescriptionLT 2 BLK 7 BENDERS SEC 2
Census Tract250601
Assessed Land Value$53,100
Assessed Improvement Value$53,700
Assessment Year2025

About this property

Welcome to 506 1/2 2nd, a charming rental property that is ready for a fast move! This single-family detached home has been freshly painted inside, giving it a clean and inviting atmosphere. The highlight of the property is the 8x18 upstairs wood deck, accessible from the kitchen, where you can relax and enjoy the outdoors. The two-story layout offers living quarters upstairs, complete with a 1 bedroom, 1 bathroom, a spacious living area, and a kitchen equipped with appliances and a breakfast bar. Downstairs, you'll find two rooms that can be used for storage or as a work area, as well as a large storage room. Located in a great downtown location, you'll have easy access to FM 1960, Hwy 69, and Beltway 8 near Bush Airport. Plus, you'll be within walking distance to restaurants and shopping. Humble water, sewage, and yard maintenance are included, making this property even more appealing. Don't miss the opportunity to make this your new home!

Investor Tools

Property Icon
$204,000
Estimated Property Value
$0Estimated Mortgage Balance
$204,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,224 /month
Positive
Cash Flow Estimate:
$408 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$172/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,044
$106,800
2025
$53,100
$53,700
$106,800
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,044
$106,800

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$225,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
7.7%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Humble

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