$549,000 Last Listed Price
●
House -
Off Market
2901 Preston Street
Houston, TX 77003
4 Beds
1 Bath,
1
Half Bath
1,131 Ft²
$553,274
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model
About This Property
This is your chance to buy a property located just steps from
Downtown in the Hottest zip code in Houston! The East End has been
booming and there is no better location than this one. Live where
you play, play where live, this property has endless possibilities.
Take a short walk to catch an Astros Game, go for a jog down to
Discovery Green, or grab a drink & a bite at one of the many
amazing new restaurants & breweries that have been popping up all
over EADO, you'll be close to it all. This property features 4
bedrooms, an open concept with updated cabinets & fixtures without
loosing the feel & character of a 1940's bungalow from Second Ward.
Think of the possibilities on this one. Perfect for an office space
or a business as this property also features a large metal bldg in
the rear facing Paige St., or jump into the lucrative Airbnb
business & create some great cash flow. The time to buy is now!
Don't look back several years from now wishing you could come back
to this opportunity.
Unit Size
1,131 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$485
Property Type
House
Property Taxes
$399
HOA Dues
-
Year Built
1940
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 5 months ago (HAR #92305221)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 9, 2026 | Sold | ||
| Sold | |||
| Feb 11, 2026 | In contract | - | |
| In contract | |||
| Jan 22, 2026 | Price Decreased |
$389,000
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Jan 9, 2026 | Listed by Nan & Company Properties - Corporate Office (Heights) | $394,000 | |
| Listed by Nan & Company Properties - Corporate Office (Heights) | |||
   | |||
|
Live, work, or build - this property offers rare flexibility just 5 minutes from Downtown Houston. Nestled in the rapidly growing East End, this fully gated property includes a 1940s bungalow 4-bed, 1-bath home plus a 1,200 sq ft detached warehouse, perfect for studio/creative use, small business operations, storage, or a personal workshop. Located minutes from major sports stadiums, entertainment districts, and upcoming World Baseball Classic and World Cup events, this area is booming with new development and opportunity. Developers: The lot can also support up to three new construction homes with 3-story floor plans and potential resale values in the $750K–$825K range (per surrounding new builds). Whether you're seeking a flexible live/work setup or a future development site, this is a rare opportunity in one of Houston’s most dynamic and high-growth neighborhoods.
| |||
| Jan 7, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
Show More
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About South Central Houston
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Christian Aguilera, Dream Home Realty
Last Updated: 5 months ago
Data Source: HAR , MLS# 92305221
Copyright © 2026, Houston Realtors Information Service, Inc. Information provided is exclusively for consumers’ personal, non-commercial use and may not be used for any
purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.
Last Updated: 5 months ago
Data Source: HAR , MLS# 92305221
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017