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$585,000

1032 Robbie St, Houston, TX, 77009

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,107 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$474.25 / sqft
Year BuiltBuilt in 1928

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Gas Range, Dishwasher
FlooringWood

Exterior

Lot Size5,001 sqft

Building Information

Year Built1928
Stories1

Land Information

APN0350120070018
Lot Number18
SubdivisionStude
Land UseResidential
Legal DescriptionLT 18 BLK 7 STUDES SEC 1
Census Tract511502
Assessed Land Value$375,000
Assessed Improvement Value$210,000
Assessment Year2025

About this property

Situated on a 5,000 sqft lot (HCAD), this charming Craftsman was taken down to the studs in 2013 by Restoration Bungalow with new electrical, plumbing, HVAC and roof. Impressive details include large front and back porches, 12’ ceilings and custom millwork throughout. Open floor plan features living room open to kitchen and dining room with French doors to back porch. Kitchen offers great storage, bar seating and stainless steel appliances. Off the dining room is utility room and mudroom to back entry. Large primary suite with space for desk and en-suite bath. Guest bedroom or study shares hall bath and has great closet space. Extras include: custom window coverings, speakers, zero carpet, and sump pump (2016). Fantastic fully-fenced yard and 1-car carport with automatic driveway gate. Zoned to Field Elementary (buyer to verify eligibility and acceptance). All per Seller.

Investor Tools

Property Icon
$585,000
Estimated Property Value
$75,000Estimated Mortgage Balance
$512,462Estimated Equity
87% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,510 /month
Positive
Cash Flow Estimate:
$1,170 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,153/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,910
$585,000
2025
$375,000
$210,000
$585,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,910
$585,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Usaa Fsb
Conventional
$75,000
No
First
Jul 15, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$72,538
$512,462
87%
12%
$450/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$450/mo
+$857/mo
2.7%

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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1032 Robbie St | Property Details | No Agent List