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$515,000

3237 Real Street A/B, Houston, TX, 77087

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths3,068 Sq Ft
DuplexDuplex
price_per_sqft$167.86 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 6Bathrooms Full 6
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher, Refrigerator
FlooringVinyl Plank

Exterior

Lot Size3,581 sqft

Building Information

Year Built2022
Garage Spaces2

Land Information

APN1285890010008
Lot Number8
SubdivisionReal Street Homes
Land UseResidential
Legal DescriptionLT 8 BLK 1 REAL STREET HOMES R/P
Census Tract311701
Assessed Land Value$61,395
Assessed Improvement Value$437,605
Assessment Year2025

About this property

Investors, this is the rare opportunity you’ve been waiting for! The hard work is already completed, with both units fully leased and generating rental income above market rate. Built in 2022, each three-story unit offers 3 bedrooms, 3 full bathrooms, multiple parking spaces, and an upgraded 50-gallon water heater. Refrigerators, washers, dryers, appliances, and furniture in the living room are included with the sale. With no HOA and a prime location just 10 to 15 minutes from Downtown Houston, this duplex offers immediate income and a strong addition to any investment portfolio. Don’t miss this newer, fully occupied, income-producing property!

Investor Tools

$432,266Estimated Mortgage Balance
$66,734Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,090 /month
Positive
Cash Flow Estimate:
$1,030 /month

Interested in this property?

Gabriela Paiz Gomez

Central Metro Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,086/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,540
$499,000
2025
$61,395
$437,605
$499,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,540
$499,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Flagstar Bank Fsb
Fha
$466,396
Yes
First
Oct 26, 2022
Nov 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$432,266
$66,734
13%
87%
$2,797/mo

City: Houston