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Owner Contacts

$1,001,835

NAL Estimated Property Value

1007 Usener St, Houston, TX, 77009

Off Market

2 Beds

2 Bath

1,456 Sq Ft

Single Family Residence

$528.85 / sqft

Built in 1928

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesWater Heater, Disposal, Convection Oven, Double Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher

FlooringTile, Wood

Exterior

Lot Size7,301 sqft

Building Information

Year Built1928

Stories1

Garage Spaces1

Land Information

APN0620770000017

Lot Number17

SubdivisionNorhill

Land UseResidential

Legal DescriptionLT 17 BLK 26 NORHILL

Census Tract510302

Assessed Land Value$766,500

Assessed Improvement Value$235,335

Assessment Year2025

About this property

Located on an oversized 7,300 (per HCAD) sf lot in the Heights sits 1007 Usener, a picture-perfect 2 bed/2 bath expanded Craftsman bungalow. Zoned to Travis Elem! (buyer to verify eligibility) Expansive front porch looks out over the fenced yard w/ downtown view. Front living area with wood-burning fireplace and glass front bookshelves. Dining centers the home and is plenty large for gatherings. Beautiful kitchen offers quartz counters, striking mosaic backsplash, s/s appliances, soft close drawers/cabinets, pantry & laundry zone. Primary bedroom features walk-in closet, secondary closet and spa-like bath with marble counter, double sinks and walk-in shower. Nice-sized front secondary bedroom and gorgeous hallway bathroom w/ shower/tub. Rare Heights basement is ideal for storage, wine cellar, home studio. Sprinkler system, tankless WH+ PEX manifold plumbing system. Fenced backyard includes a huge deck for outdoor living, greenspace and storage shed. Close to lots of the Heights-life!

Investor Tools

$1,001,835

Estimated Property Value

$693,440Estimated Mortgage Balance

$308,395Estimated Equity

30% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$6,011 /month

Positive

Cash Flow Estimate:

$2,004 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,435/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$12,211

$1,001,835

2025

$766,500

$235,335

$1,001,835

Tax History

Year

Tax Paid

Assessed Value

2024

$12,211

$1,001,835

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

C2 Financial Corp

Conventional

$695,447

First

Mar 31, 2026

May 2056

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$693,440

$308,395

30%

69%

$4,170/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,307/mo

$4,170/mo

$-2,863/mo

1.6%

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