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$290,000

NAL Estimated Property Value

524 N Jenkins St, Houston, TX, 77003

Off MarketInfo
CommercialInfo
Beds2 Beds
Baths1 Bath
Baths1,460 Sq Ft
Multi FamilyMulti Family
price_per_sqft$239.04 / sqft
Year BuiltBuilt in 1930

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
AppliancesRange, Disposal, Dishwasher, Refrigerator
FlooringConcrete, Wood

Exterior

Lot Size4,452 sqft

Building Information

Year Built1930
Stories1
Garage Spaces2

Land Information

APN0523510000015
Lot Number15
SubdivisionJosephine Street
Land UseResidential
Legal DescriptionLT 15 BLK 1 JOSEPHINE STREET
Census Tract310400
Assessed Land Value$172,883
Assessed Improvement Value$50,936
Assessment Year2025

About this property

Located right next to the historic Navigation blvd! This spectacular 2-bed, 1-bath bungalow with an income-generating Airbnb studio. Step inside to discover cozy living space with original wood floors & abundant natural light streaming through the windows. High ceilings throughout the home that give it that true gem feel. A significant bonus lies in the garage that is a 1 bedroom 1 bath unit!- your very own income producing Airbnb or versatile home office space, ensuring its not just a home but a wise investment. Potential rent for main house is $2,000 and $1,500 for the one bedroom garage. Just minutes away from Downtown Houston, Minute Maid Park, East River, and tons of restaurants. Live in the house and rent out the garage long or short term! Schedule your appointment before its too late! Fridge, Washer, and Dryer in both homes!

Investor Tools

Property Icon
$290,000
Estimated Property Value
$323,713Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,094 /month
Positive
Cash Flow Estimate:
$698 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$511/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,683
$223,819
2025
$172,883
$50,936
$223,819
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,683
$223,819

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$331,550
No
First
Jan 27, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$323,713
N/A
0%
112%
$1,988/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,590/mo
$1,988/mo
$-398/mo
6.6%

Learn About the Market: Opportunity in Houston

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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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524 N Jenkins St | Property Details | No Agent List