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$1,950,000

1050 W 42nd Street, Houston, TX, 77018

PendingInfo
Beds4 Beds
Baths4 Bath
Baths4,692 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$415.6 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Absentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher, Oven, Refrigerator
FlooringTile, Wood

Exterior

Lot Size9,675 sqft

Building Information

Year Built1946
Garage Spaces3

Land Information

APN0660460520013
Lot Number13
SubdivisionGarden Oaks
Land UseResidential
Legal DescriptionLT 13 BLK 52 GARDEN OAKS SEC 5
Census Tract531000
Assessed Land Value$515,160
Assessed Improvement Value$94,251
Assessment Year2025

About this property

Situated in the heart of Garden Oaks, 1050 W 42nd St offers a well-executed layout with four bedrooms, a private study, home gym, and an upstairs game room. The first floor features an open-concept kitchen with a large island, walk-in pantry, and scullery, flowing seamlessly into the great room and dining area. Double doors lead to a covered verandah, ideal for indoor-outdoor entertaining. A dedicated study and full gym add versatility, while a mudroom connects to the two-car garage. Upstairs, the primary suite includes a spa-like bath and dual walk-in closets. Secondary bedrooms each feature walk-in closets and direct bathroom access. Additional highlights include a second-floor laundry room and storage throughout. Built by Harvard Homes, this property is walkable to neighborhood favorites and offers quick access to major thoroughfares, area parks, and the shopping, dining, and entertainment of nearby Oak Forest and Heights.

Investor Tools

$1,282,852Estimated Mortgage Balance
$667,148Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,700 /month
Positive
Cash Flow Estimate:
$3,900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,550/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,854
$609,411
2025
$515,160
$94,251
$609,411
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,854
$609,411

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
International Bank Of Commerce
Commercial
$1,299,935
No
First
Sep 8, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,282,852
$667,148
34%
66%
$7,794/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$7,794/mo
$-6,072/mo
1.1%

Learn About the Market: Opportunity in Houston

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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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1050 W 42nd Street | Property Details | No Agent List