$349,500 Last Listed Price
●
House -
Off Market
2909 Arbor Street
Houston, TX 77004
3 Beds
2 Baths
1,568 Ft²
$2,356
Est. Monthly
7.25%
Cap Rate
About This Property
Welcome to this 1945 gem, offering 3 bedrooms, 2 spacious baths,
and brimming with timeless character. The open kitchen, living, and
dining areas flow together beautifully. Front windows fill the area
with natural light and the original hardwood floors add a touch of
vintage charm to this unique living room. The two secondary
bedrooms are on the first floor, while the loft-style primary suite
takes up the entire second floor. Highlights of the primary suite
include built-in bookshelves with a large windowsill perfect for a
reading nook, and a spacious walk-in closet. Outside, you'll find a
large back deck and a fully fenced yard and automatic driveway
gate. Located on a quiet street near walking and biking trails,
this home is close to the Med Center, Midtown/Downtown, Rice, the
Museum District, and EaDo. Great student housing for University of
Houston, Texas Southern University or Med students.
Unit Size
1,568 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$223
Property Type
House
Property Taxes
$640
HOA Dues
-
Year Built
1945
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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: 12 months ago (HAR #36549418)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 30, 2025 | Sold | ||
| Sold | |||
| Sep 18, 2025 | In contract | - | |
| In contract | |||
| Jul 2, 2025 | Listed by KSP | $349,500 | |
| Listed by KSP | |||
| Mar 27, 2025 | Listed | $374,500 | |
| Listed | |||
| | |||
|
Welcome to this 1945 gem, offering 3 bedrooms, 2 spacious baths, and brimming with timeless character. The open kitchen, living, and dining areas flow together beautifully. Front windows fill the area with natural light and the original hardwood floors add a touch of vintage charm to this unique living room. The two secondary bedrooms are on the first floor, while the loft-style primary suite takes up the entire second floor. Highlights of the primary suite include built-in bookshelves with a large windowsill perfect for a reading nook, and a spacious walk-in closet. Outside, you'll find a large back deck and a fully fenced yard and automatic driveway gate. Located on a quiet street near walking and biking trails, this home is close to the Med Center, Midtown/Downtown, Rice, the Museum District, UH/TSU, and EaDo.
| |||
| Mar 3, 2025 | Withdrawn | - | |
| Withdrawn | |||
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Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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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
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Listed by: Erin Dominy, KSP
Last Updated: 12 months ago
Data Source: HAR , MLS# 36549418
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Last Updated: 12 months ago
Data Source: HAR , MLS# 36549418
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