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$148,000

NAL Estimated Property Value

10338 Norvic St, Houston, TX, 77029

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths800 Sq Ft
price_per_sqft$200 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
AppliancesMicrowave, Gas Cooktop
FlooringTile

Exterior

Lot Size5,001 sqft

Building Information

Year Built1950
Stories1
Garage Spaces5

Land Information

APN0552190100006
Lot Number6
SubdivisionIndustrial
Land UseResidential
Legal DescriptionLT 6 BLK 36A INDUSTRIAL
Census Tract233501
Assessed Land Value$43,750
Assessed Improvement Value$85,810
Assessment Year2025

About this property

This charming property boasts a prime location in a desirable neighborhood, offering a spacious layout. There is a separate apartment on the property that could be income producing. The Home is 2 bedroom and 1 full bath. Apartment has Studio with full bath and closet. The living area is ideal for entertaining, while the cozy bedrooms provide a relaxing retreat. The backyard is perfect for enjoying outdoor gatherings or simply unwinding after a long day. With easy access to nearby shops, restaurants, and parks.

Investor Tools

Property Icon
$148,000
Estimated Property Value
$153,057Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$960 /month
Positive
Cash Flow Estimate:
$320 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$164/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,224
$129,560
2025
$43,750
$85,810
$129,560
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,224
$129,560

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Roger Ventura
Seller Carryback / Seller Financing / Seller Take-Back
$153,500
No
First
Mar 25, 2026
Apr 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$153,057
N/A
0%
103%
$921/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$921/mo
+$386/mo
10.6%

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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10338 Norvic St | Property Details | No Agent List