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$470,000

2111 Marion St, Houston, TX, 77009

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths1 Bath
Baths1,816 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$258.81 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Refrigerator Included, Gas Oven, Gas Cooktop, Dishwasher

Exterior

Lot Size5,001 sqft

Building Information

Year Built1940
Stories1

Land Information

APN0032250000011
Lot Number11
SubdivisionAllen A C
Land UseResidential
Legal DescriptionLT 11 BLK 58-C ALLEN A C
Census Tract212300
Assessed Land Value$185,250
Assessed Improvement Value$94,766
Assessment Year2025

About this property

Historic Houston home featuring a 4 bedroom and 1.5 bathroom with significant updates including a newly renovated kitchen with wood cabinets, new appliances, updated bathroom with a soaking tub, new air conditioner, PEX piping, sewage line, 3-4 car driveway, shed and landscaped backyard retreat with a fire pit. This property is minutes from downtown and the Heights with access to the Metro light rail and bike trails to get anywhere you want to go without the burden of Houston traffic. It is also walking distance to a local library, St. Arnold’s Brewery, restaurants, playgrounds, churches, public rubberized running track, and an authentic bakery.

Investor Tools

$202,829Estimated Mortgage Balance
$151,171Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,820 /month
Positive
Cash Flow Estimate:
$940 /month

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Maurey Bell

Bell Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$467/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,838
$280,016
2025
$185,250
$94,766
$280,016
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,838
$280,016

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Calcon Mutual Mortgage Llc
Conventional
$228,300
No
First
Jan 21, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$202,829
$151,171
42%
57%
$1,369/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,240/mo
$1,369/mo
+$871/mo
7.6%

City: Houston

2111 Marion St | Property Details | No Agent List