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$548,000

NAL Estimated Property Value

1011 E 28th St, Houston, TX, 77009

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,555 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.57 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher

Exterior

Lot Size1,690 sqft

Building Information

Year Built2021
Garage Spaces2

Land Information

APN1361450010018
Lot Number18
Land UseResidential
Legal DescriptionLT 18 BLK 1 HEIGHTS ENCLAVE
Census Tract511502
Assessed Land Value$109,720
Assessed Improvement Value$438,280
Assessment Year2025

About this property

Welcome to 1011 E 28th St. This Stunning New Construction Single-Family Home in The Heights Enclave Gated Community is Sure to Please! Seller offers three (3) Newly constructed units:1005, 1011 and 1013 offering a Black, Gold and Chrome Fixtures contemporary package, Designs Of The Finest High-End Finishes. High ceilings, custom wrought iron stair case, hardwood floors, Upscale Lighting, Custom Wood Kitchen Cabinets, Quartz Counter Tops, High End Stainless Steel Appliances are Standard Features. Three (3) walk-in closets, a Large Open Kitchen With an Island with Breakfast Bar, Soaring Ceilings with double french doors that open on second floor Balcony, Perfect for Those Early Morning Solaces. All 3 Spacious Bedrooms Have their Own Private Baths. Close Proximity to Hwys, Parks, Downtown, Dining and Markets including the Farmers Market and Whole Foods.

Investor Tools

Property Icon
$548,000
Estimated Property Value
$252,749Estimated Mortgage Balance
$295,251Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,288 /month
Positive
Cash Flow Estimate:
$1,096 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,279/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,602
$548,000
2025
$109,720
$438,280
$548,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,602
$548,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Investor Mortgage Finance Llc
Conventional
$256,500
No
First
Jul 30, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$252,749
$328,251
56%
46%
$1,538/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,538/mo
+$184/mo
3.8%

City: Houston

1011 E 28th St | Property Details | No Agent List