Last 24 Hours
$269,000
2506 Fairbanks St, Houston, TX, 77026
On Market
Just Added
2 Beds
1 Bath
936 Sq Ft
Single Family Residence
$287.39 / sqft
Built in 1940Property Lead Type:
Absentee OwnerHigh EquityCash Buyers
Highlights
Interior
Bedrooms 2
Bathrooms Full 1
HeatingExterior
Lot Size6,299 sqft
Building Information
Year Built1940
Stories1
Land Information
APN0700510130008
Lot Number8
SubdivisionCentral Gardens
Land UseResidential
Legal DescriptionLT 8 BLK 11 CENTRAL GARDENS SEC 2
Census Tract210800
Assessed Land Value$58,118
Assessed Improvement Value$39,091
Assessment Year2025
About this property
LOCATION! LOCATION! LOCATION! easy access to Loop 610 and US 59, VERY CLOSE to DOWNTOWN!!! 3 bedroom / 2 bath LARGE LOT plus 2 rooms /1 bath in back yard ***AS-IS, WHERE-IS*** Buyer / agent to independently verify all information including dimensions and allowable use.
Investor Tools
$0Estimated Mortgage Balance
$197,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,614 /month
Positive
Cash Flow Estimate:
$538 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$177/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,137
$97,209
2025
$58,118
$39,091
$97,209
No
Tax History
Year
Tax Paid
Assessed Value
2020
$1,137
$97,209
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$197,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
8.0%
12.4%