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Owner Contacts

$470,000

NAL Estimated Property Value

1038 W 24th Street, Houston, TX, 77008

Off Market

3 Beds

4 Bath

1,958 Sq Ft

$188.92 / sqft

Built in 2008

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Bathrooms Half 1

Garage Available

Heating Central

Cooling

AppliancesDisposal, Convection Oven, Gas Oven, Microwave, Gas Range, Dishwasher, Dryer, Refrigerator, Washer

FlooringConcrete, Slate, Tile, Wood

Exterior

Lot Size1,834 sqft

Building Information

Year Built2008

Garage Spaces2

Land Information

APN1292080010012

Lot Number12

SubdivisionBercons Beall & West 24th Street Homes

Land UseResidential

Legal DescriptionLT 12 BLK 1 BERCONS BEALL AND WEST 24TH STREET HOMES

Census Tract511202

Assessed Land Value$128,240

Assessed Improvement Value$293,325

Assessment Year2025

About this property

Stunning Contemporary/Modern Free-Standing Home located in the Shady Acres area of the Heights. Home offers 3 spacious bedrooms with en suite bathrooms, large pantry, a yard, and extra storage in the garage. Primary suite on the 3rd floor features separate Deluxe Shower and Luxury Soaking Tub, Walk-in Closet with Built-in Shelving. Second floor open concept living area offers great space for entertaining friends and family with an abundance of natural light having windows on three sides. Nestled at the end of the driveway for additional privacy. Walking distances to HEB, local restaurants & bars. Easy access to major freeways. Close proximity to hike and bike trails and parks offering playgrounds and athletic fields. Recent upgrades: LG Gas Range, LG Washer and Dryer, both ACs, both Water Heaters, and Garage Door Opener. NO HOA Fees! This home is priced to sell and move in ready.

Investor Tools

$470,000

Estimated Property Value

$334,340Estimated Mortgage Balance

$135,660Estimated Equity

28% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,820 /month

Positive

Cash Flow Estimate:

$940 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$914/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$8,612

$421,565

2025

$128,240

$293,325

$421,565

Tax History

Year

Tax Paid

Assessed Value

2024

$8,612

$421,565

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Wells Fargo Bank Na

Conventional

$352,000

First

Aug 11, 2023

Sep 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$334,340

$135,660

28%

71%

$2,111/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,230/mo

$2,111/mo

+$119/mo

5.7%

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