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$366,000

990 Marjorie St, Houston, TX, 77088

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,278 Sq Ft
DuplexDuplex
price_per_sqft$1.29 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave, Dishwasher

Exterior

Lot Size2,975 sqft

Building Information

Year Built2024

Land Information

APN1425000010006
Lot Number6
Land UseResidential Single Family
Legal DescriptionLT 6 BLK 1 MARJORIE SPRINGS
Census Tract533302
Assessed Land Value$62,925
Assessed Improvement Value$117,764
Assessment Year2025

About this property

Welcome to this beautiful duplex located on a desirable corner lot, featuring a generous yard for outdoor enjoyment. This unit boasts 3 spacious bedrooms and 2.5 bathrooms, offering modern finishes throughout, ensuring a stylish and comfortable living experience. The property is securely enclosed with a gated iron fence, providing peace of mind. You'll never have to worry about finding a parking spot with 2 available. Conveniently situated near freeway access and a variety of local amenities, this rental offers both accessibility and comfort.

Investor Tools

Property Icon
$366,000
Estimated Property Value
$0Estimated Mortgage Balance
$366,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
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
$262/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,317
$180,689
2025
$62,925
$117,764
$180,689
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,317
$180,689

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$371,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
N/A
+$1,722/mo
5.6%

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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990 Marjorie St | Property Details | No Agent List