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$850,000

1022 Key St, Houston, TX, 77009

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths1,688 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$503.55 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringTile, Wood

Exterior

Lot Size5,001 sqft

Building Information

Year Built1930
Stories1
Garage Spaces1

Land Information

APN0621120000006
Lot Number6
SubdivisionNorth Norhill
Land UseResidential
Legal DescriptionLT 6 BLK 133 NORTH NORHILL
Census Tract511400
Assessed Land Value$450,000
Assessed Improvement Value$310,508
Assessment Year2025

About this property

Nestled in the heart of Norhill Heights is a reimagined 1930s bungalow that balances timeless charm w/ modern updates. An inviting front porch leads to an interior that’s been thoughtfully expanded & updated w/ a new roof, HVAC, PEX plumbing, & electrical. The kitchen is a showstopper, featuring soft-close cabinetry & drawers, quartz countertops, GE Cafe appliances, & a walk-in butler’s pantry complete w/ a coffee bar & built-in microwave. Just off the kitchen, a versatile dining room leads to the covered back porch. The primary suite showcases a large walk-in closet & a relaxing primary bath w/ soft-close cabinetry, a walk-in shower, & a freestanding tub. Two secondary bedrooms share a full bathroom. Recent updates include fresh landscaping, gutters, irrigation system, all new windows, & fully fenced property w/ an automatic driveway gate. Best of all, you’re just steps away from the very best of the Heights, including Tiny’s Milk & Cookies, Coltivare, & the historic Asch Building.

Investor Tools

Property Icon
$816,000
Estimated Property Value
$737,750Estimated Mortgage Balance
$141,026Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,100 /month
Positive
Cash Flow Estimate:
$1,700 /month

Interested in this property?

Erica Post

CENTURY 21 Western Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,738/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,776
$760,508
2025
$450,000
$310,508
$760,508
No

Tax History

Year
Tax Paid
Assessed Value
2024
$16,776
$760,508

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dmsm Revocable Trust
Purchase Money Mortgage
$737,750
No
First
Dec 3, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$676,242
$146,758
17%
83%
$4,424/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$4,424/mo
$-2,702/mo
2.5%

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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1022 Key St | Property Details | No Agent List