5
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2311 Davis Street
About This Property
Located just minutes from I-45, I-10, the 610 Loop, and I-59/69, this property offers exceptional access to Downtown Houston and major transportation routes. Enjoy being close to popular destinations like Saint Arnold Brewing Company and the vibrant downtown area. No deed restrictions or HOA in the area. This lot can be replotted for 2 Duplexes or 3 to 4 Single Family Homes with a shared driveway.
The property is also less than 1.5 miles from two of Houston's newest and most exciting mixed-use developments-Hardy Yards and East River-bringing dining, retail, entertainment, and residential growth to the area. Don't miss this opportunity to own a piece of the rapidly developing Fifth Ward. Whether you're looking to build, invest, or hold for future growth, this location offers strong potential in one of Houston's emerging neighborhoods.
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Cap Rate Calculator
What does this mean?
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%.
How much can I actually make?
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 |
|---|---|---|---|
| Apr 15, 2026 | Sold | ||
| Sold | |||
| Apr 4, 2026 | In contract | - | |
| In contract | |||
| Mar 13, 2026 | Listed by Roots Brokerage | $119,990 | |
| Listed by Roots Brokerage | |||
Property Highlights
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About Central Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017