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$546,000

NAL Estimated Property Value

1003 Kern Street B, Houston, TX, 77009

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,584 Sq Ft
price_per_sqft$203.17 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher
FlooringLaminate

Exterior

Exterior FeaturesBalcony
Lot Size1,403 sqft

Building Information

Year Built2016
Garage Spaces2

Land Information

APN1375040010005
Lot Number5
Land UseResidential
Legal DescriptionLT 5 BLK 1 KERN VILLAS
Census Tract511400
Assessed Land Value$91,195
Assessed Improvement Value$390,477
Assessment Year2025

About this property

Welcome to this stunning home nestled right in the heart of The Heights, within walking distance of many restaurants, shops, and the farmers' market.eaturing brand new construction and a fantastic layout, the first level includes one bedroom with a full bath. The open kitchen seamlessly connects with the living room, ideal for preparing meals or entertaining guests. The primary suite offers a contemporary retreat with a bathroom featuring a deep soaking tub and a separate shower, perfect for relaxation. For professionals and city explorers, commuting to downtown Houston is effortless from this central location. Don't miss this exceptional opportunity to make this your home and fully enjoy the vibrant Heights lifestyle.

Investor Tools

Property Icon
$546,000
Estimated Property Value
$401,697Estimated Mortgage Balance
$144,303Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,276 /month
Positive
Cash Flow Estimate:
$1,092 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,032/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,656
$481,672
2025
$91,195
$390,477
$481,672
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,656
$481,672

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$416,000
No
First
Jun 11, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$401,697
$144,303
26%
74%
$2,495/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,495/mo
$-773/mo
3.8%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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