1505 Ruth Street
About This Property
This is close to ...you name it....Downtown Houston, The Theaters, Mid-Town, Galleria, The Houston Zoo, The Medical Center, The Museums, fine dinning, the major Sports centers and also mid-point to Hobby and Bush airports. 59 ft of frontage x 60 ft rear x 101 ft left side x 102 ft right side.
Owners purchased with plans to move Houston but recently took a job in another state.
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 4, 2025 | Sold | ||
| Sold | |||
| Jun 15, 2025 | In contract | - | |
| In contract | |||
| May 15, 2025 | Listed by Orchard Brokerage | $645,000 | |
| Listed by Orchard Brokerage | |||
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Prime location in the Museum District with NO HOA! Welcome to this immaculately maintained home in the established Museum Park neighborhood. Enjoy open-concept living on the main level with a spacious living room, large dining area, engineered hardwood floors throughout the home, and a dream kitchen featuring a custom backsplash, gorgeous counters, a large center island, stainless appliances, gas cooktop, and pantry. The private (589 square foot) fenced backyard adds everyday ease and facilitates entertaining! Enjoy the custom motorized Hunter Douglas solar shades for extra privacy. Upstairs offers a flex space ideal for a home office or second living area, plus a serene primary suite, spa-like bath, and dual closets. Two generously sized guest bedrooms and a full bath complete the upper level. Just minutes to the Med Center, Zoo, Downtown, Memorial Park, White Oak and Buffalo Bayou Trails, plus endless restaurants, and retail. Schedule your showing today!
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| May 31, 2023 | Sold | ||
| Sold | |||
| Apr 19, 2023 | Listed by DUX Realty, LLC | $644,900 | |
| Listed by DUX Realty, LLC | |||
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* RECENTLY COMPLETED ** Mazzarino Construction & Development's new division is here in Houston's well established inner loop neighborhoods. This MAZZTAO HOME located in the Museum District/Medical Center features a new, stylish, extremely versatile, quality home with a functional floor plan. This floor plan features 3 bedrooms, 2.5 bath rooms, 1st floor living, primary w/ sitting area, 2 primary closets, flex room, a modest 589 S.F. backyard, and a private driveway. Rice/Museum District is minutes to The Medical Center, The Zoo, Downtown, the newly renovated Memorial Park Conservatory, White Oak & Buffalo Bayou Greenway Parks & Trails, and plenty of Restaurants and Retail. Minutes to Downtown Houston, Galleria, and easy assess to I-69/US-59, 288, I-10, 610, and 45. Plans and Listing information are subject to change w/o notification.
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About South Central Houston
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Last Updated: 5 months ago
Data Source: HAR , MLS# 66820645
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