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$1,205,000

2403 Watts St Apt 4, Houston, TX, 77030

On MarketInfo
Just AddedInfo
Beds— Beds
Baths— Bath
Baths4,334 Sq Ft
QuadruplexQuadruplex
price_per_sqft$278.03 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Garage AvailableGarage Available
Heating RadiantHeating Radiant
AppliancesRange, Disposal, Microwave, Dishwasher, Refrigerator
FlooringWood, Hardwood

Exterior

Lot Size8,525 sqft

Building Information

Year Built1950
Garage Spaces4

Land Information

APN0730170000030
Lot Number30
SubdivisionBliss Court
Land UseCommercial
Legal DescriptionLT 30 BLK 1 BLISS COURT
Census Tract412202
Assessed Land Value$937,860
Assessed Improvement Value$159,399
Assessment Year2025

About this property

Well maintained mid-century four plex walking distance to Rice University. Large corner lot with mature landscaping. Hardwood floors throughout the four units. Each unit has two bedrooms and one full bathroom. The units come with all the appliances and a washer and dryer. Parking in the back for each unit and extra parking as well. Roof was replaced in 2024. Easy access to Metro Rail and Medical Center.

Investor Tools

$268,406Estimated Mortgage Balance
$828,853Estimated Equity
75% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,230 /month
Positive
Cash Flow Estimate:
$2,410 /month

Interested in this property?

Greg Wellen

Greg R. Wellen

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,397/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$23,282
$1,097,259
2025
$937,860
$159,399
$1,097,259
No

Tax History

Year
Tax Paid
Assessed Value
2024
$23,282
$1,097,259

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hometown America Inc
Commercial
$399,900
No
First
Aug 20, 2012
Sep 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$268,406
$828,853
75%
24%
$2,398/mo

City: Houston

2403 Watts St Apt 4 | Property Details | No Agent List