The Flip Potential of 2809 Tuam St Houston, TX 77004 is medium.
Current Specs
2 Bed / 1 Bath
632 sqft
$198 per sqft
Estimated Value$125,000
Flip Advice
This 1927-built property in Houston's South Central neighborhood presents a unique opportunity for renovation. With 632 sqft, 2 beds, and 1 bath on a 2,949 sqft lot, it's priced at $125,000 ($198/sqft). The property needs TLC but has good bones and is located in an up-and-coming area near Emancipation Park and the University of Houston.
Consider this property for a flip, but proceed with caution. The area is seeing rehab and new builds, which could boost value. However, the small size may limit profit potential. Evaluate renovation costs carefully, focusing on strategic updates that maximize ROI. The existing build permit could be valuable. Aim for a quick turnaround to capitalize on the neighborhood's momentum.
The accuracy of the Frontflip report and its applicability to your circumstances are not guaranteed. This calculator is offered for educational purposes only, and is not a substitute for professional advice. All figures provided by the Frontflip calculator are estimates only and are not reflective of what your actual results may be.
Flip Scenarios
Explore renovation scenarios based on recent comps that could increase the value of 2809 Tuam St: