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Owner Contacts

$649,000

1067 W 42nd Street, Houston, TX, 77018

Pending

3 Beds

2 Bath

1,608 Sq Ft

Single Family Residence

$403.61 / sqft

Built in 1948

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Convection Oven, Electric Oven, Oven, Microwave, Gas Range, Dishwasher

FlooringWood

Exterior

Lot Size7,079 sqft

Building Information

Year Built1948

Stories1

Garage Spaces1

Land Information

APN0660460510022

Lot Number22

SubdivisionGarden Oaks

Land UseResidential

Legal DescriptionLT 22 BLK 51 GARDEN OAKS SEC 5

Census Tract531000

Assessed Land Value$446,040

Assessed Improvement Value$154,488

Assessment Year2025

About this property

MULTIPLE OFFERS - NOW PENDING - NO OPEN HOUSE SUNDAY! Located in sought-after Garden Oaks, this beautifully updated 3-bedroom, 2-bath home blends timeless charm with modern luxury. The fully updated living areas, kitchen, and primary suite showcase high-end finishes throughout. The stunning chef’s kitchen features an oversized island with breakfast bar seating, matte porcelain counters, and abundant storage - perfect for everyday living. The primary suite offers a back-of-house location and efficiently laid out bathroom and closet with designer details and premium materials. Two spacious secondary bedrooms with dual closets, nooks, and a shared bath sit behind a pocket door hallway and offer privacy for kids, work from home space, or guests. Step outside to a low-maintenance turf backyard complete with an inviting outdoor fireplace, ideal for relaxing or hosting year-round gatherings.

Investor Tools

$361,325Estimated Mortgage Balance

$239,203Estimated Equity

39% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,894 /month

Positive

Cash Flow Estimate:

$1,298 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$881/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,572

$600,528

2025

$446,040

$154,488

$600,528

Tax History

Year

Tax Paid

Assessed Value

2024

$7,572

$600,528

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Fairway Independent Mortgage Corp

Conventional

$395,675

First

Nov 12, 2021

Dec 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$361,325

$239,203

39%

60%

$2,373/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$2,373/mo

$-651/mo

3.4%

Learn About the Market: Opportunity in Houston

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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.

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