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$1,622,000

1024 Waverly Street, Houston, TX, 77008

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths3,747 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$373.63 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator

Exterior

Private PoolPrivate Pool
Lot Size6,599 sqft

Building Information

Year Built2012
Garage Spaces2

Land Information

APN0202070000027
Lot Number28
SubdivisionHouston Heights
Land UseResidential
Legal DescriptionLT 28 & TR 27 BLK 211 HOUSTON HEIGHTS
Census Tract510500
Assessed Land Value$660,000
Assessed Improvement Value$888,231
Assessment Year2025

About this property

Situated in the heart of the Heights, this luxurious 5-bed residence blends timeless charm with thoughtful modern upgrades. A grand foyer welcomes you into elegant formal living and dining areas, while the remodeled kitchen impresses with custom cabinetry, quartz counters, WOLF gas range, commercial fridge, butler’s pantry with wine fridge, and island with breakfast bar. White oak engineered flooring flows throughout, complemented by updated lighting, modern ceiling fans, surround sound in main areas, and foam insulation for energy efficiency. Primary bath features steam shower, with updated bathrooms throughout including pocket doors. Outside, enjoy a rare saltwater pool with hot tub and private backyard escape. The 580 sq ft garage apartment—separate from the main home’s square footage—currently rents for $1,500/month. Additional highlights: slab-ready elevator option, hidden storage, two HVACs, and alley-access parking with private rear entry. A truly exceptional Heights property.

Investor Tools

Property Icon
$1,622,000
Estimated Property Value
$0Estimated Mortgage Balance
$882,392Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,732 /month
Positive
Cash Flow Estimate:
$3,244 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,906/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,768
$1,548,231
2025
$660,000
$888,231
$1,548,231
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,768
$1,548,231

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Credit Line (Revolving) / Heloc
$200,000
No
First
Feb 27, 2017
Feb 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$739,608
$882,392
54%
46%
$5,098/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$5,098/mo
$-2,868/mo
1.6%

Learn About the Market: Opportunity in Houston

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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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1024 Waverly Street | Property Details | No Agent List