$1,205,000
2403 Watts St Apt 4, Houston, TX, 77030
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
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
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
