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$824,000

NAL Estimated Property Value

1016 Lawrence Street B, Houston, TX, 77008

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,410 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$331.95 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size2,627 sqft

Building Information

Year Built2017
Garage Spaces2

Land Information

APN1368990010001
Lot Number1
Land UseResidential
Legal DescriptionLT 1 BLK 1 LAWRENCE STREET RESIDENCE
Census Tract510500
Assessed Land Value$262,500
Assessed Improvement Value$512,500
Assessment Year2025

About this property

Beautiful standalone residence boasting 11-foot ceilings on the lower level and 10-foot ceilings upstairs, inundated with abundant natural light. The gourmet kitchen showcases quartz countertops, bespoke cabinetry equipped with soft-close features, an under-counter wine fridge, and a sleek chimney-style vent hood. Downstairs, wide-planked, premium engineered hardwood flooring graces the space. The spacious owner's suite, complemented by a generous covered balcony, offers a luxurious master bath reminiscent of a boutique hotel, featuring a freestanding tub set against a designer tile accent wall. Outside, a sizable private backyard hosts a custom pergola and upgraded turf, creating an idyllic setting for entertaining.

Investor Tools

Property Icon
$824,000
Estimated Property Value
$526,262Estimated Mortgage Balance
$297,738Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,944 /month
Positive
Cash Flow Estimate:
$1,648 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,448/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,260
$775,000
2025
$262,500
$512,500
$775,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,260
$775,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Morgan Stanley Private Bank Na
Conventional
$545,000
No
First
Jun 11, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$526,262
$297,738
36%
64%
$3,268/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$3,268/mo
$-1,038/mo
3.2%

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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1016 Lawrence Street B | Property Details | No Agent List