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$740,000

NAL Estimated Property Value

1024 W Gardner St, Houston, TX, 77009

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,402 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$512.84 / sqft
Year BuiltBuilt in 1926

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Gas Range, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size5,001 sqft

Building Information

Year Built1926
Stories1

Land Information

APN0620990000006
Lot Number6
SubdivisionNorth Norhill
Land UseResidential
Legal DescriptionLT 6 BLK 120 NORTH NORHILL
Census Tract511400
Assessed Land Value$450,000
Assessed Improvement Value$230,036
Assessment Year2025

About this property

Nestled in the heart of Norhill Heights, within the vibrant Greater Heights community, lies this captivating 3 bed/ 2 bath home. This home boasts a modern kitchen equipped with updated appliances. Inside, the primary bedroom features a generously sized closet with built-in shelving, while the secondary bedrooms share a well-appointed guest bathroom, complete with ample storage space. The backyard is complemented by an expansive deck, ideal for hosting gatherings. Additionally, there is a secondary deck adorned with a pergola, and a welcoming front porch. Known for its rich history, picturesque streets, and convenient access to downtown Houston, this neighborhood offers a delightful blend of charm and urban living, this home truly offers the best of both worlds.

Investor Tools

Property Icon
$740,000
Estimated Property Value
$630,066Estimated Mortgage Balance
$109,934Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,440 /month
Positive
Cash Flow Estimate:
$1,480 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,190/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,576
$680,036
2025
$450,000
$230,036
$680,036
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,576
$680,036

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
1st Alliance Mortgage Llc
Conventional
$652,500
No
First
Jun 14, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$630,066
$116,934
15%
85%
$3,913/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$3,913/mo
$-2,191/mo
2.8%

City: Houston

1024 W Gardner St | Property Details | No Agent List