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$174,500

1075 Marjorie St, Houston, TX, 77088

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths1 Bath
Baths1,209 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$144.33 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Ice Maker, Electric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringTile

Exterior

Lot Size10,846 sqft

Building Information

Year Built1952
Stories1
Garage Spaces1

Land Information

APN0710900610071
Lot Number71
SubdivisionLincoln City Amend
Land UseResidential
Legal DescriptionLT 71 BLK 3 LINCOLN CITY SEC 7 AMEND
Census Tract533302
Assessed Land Value$92,476
Assessed Improvement Value$134,114
Assessment Year2025

About this property

Renovated 3-bed, 2-bath home in Houston, TX 77088 — negotiable price, closing by August 28. Fully renovated after a 2020 flood: 5-year-old roof, PVC repipe, exterior foundation reinforcement, 5-year-old water heater, and new ceramic tile throughout. Open-concept living/dining connects to a remodeled kitchen. Primary suite features a 6-foot garden tub and rain shower; second bathroom was added without a permit. Central AC unit does not currently work; home is cooled by window AC units, including a heat-function unit in the living room. Bonus structure with power/water stubbed — excellent income or workshop potential for investor buyers. It has electricity and water already run, with drywall and insulation on-site ready for finish-out — build a studio, office, or apartment . Near Little York Rd in northwest Houston. Price negotiable. Closing by August 28. Serious inquiries only

Investor Tools

$107,798Estimated Mortgage Balance
$118,792Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,360 /month
Positive
Cash Flow Estimate:
$453 /month

Interested in this property?

Beverly Galvan

Sierra Vista Realty LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$300/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,465
$226,590
2025
$92,476
$134,114
$226,590
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,465
$226,590

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Envoy Mortgage Ltd
Conventional
$126,100
No
First
May 17, 2019
Jun 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$107,798
$118,792
52%
48%
$757/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$757/mo
+$965/mo
9.1%

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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