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$633,816

NAL Estimated Property Value

1024 Algregg St, Houston, TX, 77009

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,060 Sq Ft
price_per_sqft$617.92 / sqft
Year BuiltBuilt in 1920

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringTile, Wood

Exterior

Lot Size5,001 sqft

Building Information

Year Built1920
Garage Spaces2

Land Information

APN0620950000006
Lot Number6
SubdivisionNorth Norhill
Land UseResidential
Legal DescriptionLT 6 BLK 116 NORTH NORHILL
Census Tract511400
Assessed Land Value$450,000
Assessed Improvement Value$183,816
Assessment Year2025

About this property

Nestled in the heart of the charming Historic Norhill Heights neighborhood, 1024 Algregg St is the perfect blend of modern updates and vintage charm. Surrounded by cozy bungalows and lush esplanade parks, this home has everything you're looking for. Step inside and be greeted by stunning white oak wood floors that flow throughout the home, adding warmth and elegance. The custom kitchen renovation is a chef’s dream, featuring high-end appliances, finishes, and thoughtful design. The primary bathroom exudes sophistication with its elegant updates and luxurious feel. Natural light pours in through the windows, creating an inviting atmosphere in every room. Outside, enjoy a large backyard with a deck for outdoor gatherings, plus a single garage bay and an ADU for added versatility. Notable recent upgrades include a new AC unit, updated ductwork, and pex piping, ensuring modern comfort. The property also features a long gated driveway leading to the single garage bay and an ADU.

Investor Tools

Property Icon
$633,816
Estimated Property Value
$492,850Estimated Mortgage Balance
$140,966Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,930 /month
Positive
Cash Flow Estimate:
$1,310 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,059/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,540
$633,816
2025
$450,000
$183,816
$633,816
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,540
$633,816

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$504,000
No
First
Feb 19, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$492,850
$140,966
22%
78%
$3,022/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$3,022/mo
$-1,715/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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