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2312 Watts St
Multi-Family
Just listed
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$1,150,000

$445/sqft

2312 Watts St, Houston

Just listed
4 bd·2 ba·2,584 sqft
Built 19406,050 sqft lotUniversity Place

2312 Watts St, Houston, TX

4 bd · 2 ba · 2,584 sqft Multi-Family listed at $1,150,000, built in 1940 in the University Place neighborhood.

About this home

Recently renovated multi-family property in the highly desirable Rice/Museum District. Front building includes two units (upstirs/downstair), each offering 2 bedrooms, 1 full bath, and formal dining. Detached garage studio unit feature living area, kitchen, 2 bedrooms and 1 full bath. Gated driveway. Conveniently located within walking distance to Rice University, parks, Rice Village, and short distance to Texas Medical Center. Idea for owner-occupant or investment opportunity. Tenant occupied. 24-hour notice required for showings. Current lease for units 2312 & 2314 expire 05/20/2026.

Property details

Price
$1,150,000
Bedrooms
4
Bathrooms
2
Interior
2,584 sqft
Price / sqft
$445
Year built
1940
Lot size
6,050 sqft
Type
Multi-Family
Days on market
2
Est. property tax
$19,320/yr · $1,610/mo · 1.68% TX avg

Estimated monthly payment

Down payment20% ($230,000)
Interest rate6.75%
Principal & Interest$5,967
Property Tax$1,054
Insurance$150
Total$7,171/mo

Can I afford this?

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Price history

▼ 99.8%Most recent change on 2026-04-23: $1,150,000 → $1,995.

$1.31M$598K$-117K$625K on Oct 17 (Initial list)$650K on Nov 17 (Price change)$2K on Aug 18 (Price change)$2K on Aug 18 (Price change)$2K on Oct 18 (Price change)$2K on Oct 18 (Price change)$2K on Feb 19 (Price change)$1.20M on May 25 (Initial list)$1.07M on Jul 25 (Price change)$1.07M on Sep 25 (Price change)$1.15M on Apr 26 (Initial list)$2K on Apr 26 (Price change)
$625K · Oct 17$2K · Apr 26
  1. Apr 23, 2026$1,995Price change
  2. Apr 11, 2026$1,150,000Initial list price
  3. Sep 21, 2025$1,075,000Price change
  4. Jul 9, 2025$1,075,000Price change
  5. May 22, 2025$1,195,000Initial list price
  6. Feb 5, 2019$1,995Price change
  7. Oct 7, 2018$1,995Price change
  8. Oct 5, 2018$1,995Price change
  9. Aug 16, 2018$1,995Price change
  10. Aug 5, 2018$2,100Price change
  11. Nov 6, 2017$650,000Price change
  12. Oct 31, 2017$625,000Initial list price

Location

This home is located in Houston, TX. Browse more Houston listings on the Houston market page or explore the full Houston market report.

Location

Map of 2312 Watts St, Houston
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Home Intelligence

Neighborhood (zip 77030)

This neighborhood is primarily renter-occupied (38% owner-occupied). Median age is 33.0; 34% hold a bachelor's degree; median household income is $90,475.

Median income
$90,475
Median age
33.0
Owner-occupied
38.0%
Bachelor's degree
33.5%
Census median home value
$740,600

Source: US Census Bureau American Community Survey 5-year estimates.

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