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$330,000

NAL Estimated Property Value

1040 Homer Street B, Houston, TX, 77091

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,612 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$210.92 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringVinyl

Exterior

Exterior FeaturesBalcony
Lot Size1,703 sqft

Building Information

Garage Spaces2

Land Information

APN1423600010001
Lot Number1
Land UseRes Vacant Table Val
Legal DescriptionLT 1 BLK 1 HOMER DEVELOPMENT
Census Tract530800
Assessed Land Value$48,369
Assessment Year2025

About this property

1044 Homer offers the complete package—a freestanding new construction home with a private driveway, no HOA, & premium finishes throughout. This move-in ready residence includes all appliances and is packed with standout features like high ceilings & a true chef’s kitchen with quartz countertops, stainless steel appliances, gas range, & generous prep space. With 3 bedrooms and 2.5 baths across 1,612 square feet, the open-concept floorplan is designed for both everyday living & entertaining. The spacious primary suite features a walk-in closet a spa-like bath with dual vanities. Located just outside Loop 610 with easy access to the Heights, Garden Oaks, Oak Forest, & Downtown Houston, this home is ideal for a wide range of buyers—whether you’re looking for a primary residence, multi-generational layout, or flexible short-term use potential. No HOA. Private drive. High-end finishes. All appliances included. A smart, stylish home in one of Houston’s fastest-growing urban pockets.

Investor Tools

Property Icon
$330,000
Estimated Property Value
$366,497Estimated 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
$2,040 /month
Positive
Cash Flow Estimate:
$680 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$222/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,012
$48,369
2025
$48,369
N/A
$48,369
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,012
$48,369

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Conventional
$372,500
No
First
Jun 17, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$366,497
N/A
0%
111%
$2,234/mo

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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1040 Homer Street B | Property Details | No Agent List