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$832,000

NAL Estimated Property Value

1043 Martin St, Houston, TX, 77018

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths3,219 Sq Ft
price_per_sqft$260.95 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

Off-Market ListHigh EquityCash Buyers

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 2Bathrooms Half 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Trash Compactor, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet

Exterior

Lot Size13,125 sqft

Building Information

Year Built1967
Stories1
Garage Spaces5

Land Information

APN0993120000451
Lot Number451
SubdivisionShepherd Park Plaza
Land UseResidential
Legal DescriptionLT 451 & TR 450B BLK 13 SHEPHERD PARK PLAZA SEC 3
Census Tract530900
Assessed Land Value$423,500
Assessed Improvement Value$344,710
Assessment Year2025

About this property

Located in the heart of Shepherd Park Plaza, 1043 Martin presents a rare opportunity to revive and reimagine a 3,200+ square foot home on a generously sized lot in one of Houston’s most community-driven neighborhoods. This one-story property offers strong bones, generous room sizes, and a functional layout that invites renovation or customization. With five bedrooms, multiple living areas, and expansive square footage, the footprint alone provides incredible potential for modern redesign, expansion, or thoughtful restoration. Set just 10 minutes from The Heights and 20 minutes from Downtown Houston, Shepherd Park Plaza continues to see steady appreciation driven by its engaged Civic Association, Garden Club, Volunteer Constable Program, and beloved annual neighborhood events. Residents enjoy a true sense of connection rarely found this close to the city. For buyers seeking space, location, and long-term upside — this is the kind of property that doesn’t come along often.

Investor Tools

Property Icon
$832,000
Estimated Property Value
$0Estimated Mortgage Balance
$832,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,040 /month
Positive
Cash Flow Estimate:
$1,680 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$749/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,826
$768,210
2025
$423,500
$344,710
$768,210
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,826
$768,210

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$832,000
100%
0%
$0/mo

City: Houston

1043 Martin St | Property Details | No Agent List