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$520,000

1028 W 15th 1/2 Street, Houston, TX, 77008

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,254 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$219.61 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Free-Standing Range, Gas Cooktop, Dishwasher, Oven
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size1,999 sqft

Building Information

Year Built2006
Garage Spaces2

Land Information

APN1281170010003
Lot Number3
SubdivisionShady Place
Land UseResidential
Legal DescriptionLT 3 BLK 1 SHADY PLACE
Census Tract511201
Assessed Land Value$110,000
Assessed Improvement Value$308,920
Assessment Year2025

About this property

This Modern, well maintained, corner unit Height's home located in a quiet, gated community w/in walking distance to shops, restaurants and parks. The 1st floor features beautiful wood floor entrance, large bedroom w/ wood floors, ensuite bath and nice size closet. The 2nd floor features high ceiling and open floor plan w/ Kitchen, dining room and large living room that opens to a private balcony perfect for relaxing and entertaining. The kitchen includes SS appliances, breakfast bar, and lots of counter space and wine cooler. The 3rd floor features oversized primary suite, with large walk-in closet, dual sinks and additional walk-in closet in bathroom. Secondary bedroom located down the hall with ensuite bath. Relax on the second-floor balcony or outdoors in the back and side yard greenspaces w/ low maintenance artificial turf. Beautiful hardwood throughout all living area & staircase except for the third-floor secondary bedroom. Close to all the conveniences!

Investor Tools

Property Icon
$520,000
Estimated Property Value
$0Estimated Mortgage Balance
$280,233Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,120 /month
Positive
Cash Flow Estimate:
$1,040 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$724/month
$1,700/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,089
$418,920
2025
$110,000
$308,920
$418,920
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,089
$418,920

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending Inc
Conventional
$271,545
No
First
May 22, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$239,767
$280,233
53%
46%
$1,629/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$3,329/mo
$-1,099/mo
5.1%

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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