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$452,000

NAL Estimated Property Value

1048 W 15th 1/2 St, Houston, TX, 77008

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths1,993 Sq Ft
price_per_sqft$238.33 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Gas Range, Dishwasher, Washer/Dryer, Oven
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size1,485 sqft

Building Information

Year Built2018
Garage Spaces1

Land Information

APN0561670080010
Lot Number10
SubdivisionShady Acres Extn
Land UseResidential
Legal DescriptionLT 10 BLK 1 SHADY ACRES EXTN SEC 3 9TH PAR R/P
Census Tract511201
Assessed Land Value$81,620
Assessed Improvement Value$357,209
Assessment Year2025

About this property

Discover this stunning 3-story home located in the heart of The Heights, one of Houston's most walkable and vibrant neighborhoods. Enjoy an open kitchen, dining and living space perfect for entertaining! The high ceilings, large window provide an abundance of natural light throughout the home. The oversized primary suite boasts a beautiful spa-like bath with a freestanding tub, large walk- in shower and dual sinks with tons of storage. The additional bedrooms and guest bath on-suite are perfect for family, a private office or flex space. The home is situated in a quiet, gated community with tons of guest parking (rare for this area!) and within walking distance to shops, restaurants, park, running trails, and quick access to Downtown, The Med Center and Energy Corridor!

Investor Tools

Property Icon
$452,000
Estimated Property Value
$308,981Estimated Mortgage Balance
$143,019Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,850 /month
Positive
Cash Flow Estimate:
$950 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$698/month
$1,500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,122
$438,829
2025
$81,620
$357,209
$438,829
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,122
$438,829

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$315,000
No
First
Apr 17, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$308,981
$137,019
30%
68%
$1,889/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$3,389/mo
$-1,159/mo
5.9%

City: Houston